Average Rent in Montgomery, MN and Rent Price Trends

Rent price summary for
Montgomery, MN

As of August 2025, the median rent for all bedroom counts and property types in Montgomery, MN is $1,267. This is -37% lower than the national average.

$1.26

average price per square foot

Median rent

$1,267

45%

over the previous yearvs previous year

Total rentals

13

for rent on Zumper.com

As of August 2025, the median rent for all bedroom counts and property types in Montgomery, MN is $1,267. This is -37% lower than the national average.

$1.26

average price per square foot

Rent ranges

64%

21%

$751-$1,500$751 - $1,500

$1,501-$2,250$1,501 - $2,250

$2,251-$3,000$2,251 - $3,000

$3,001+$3,001+

Households

77%

23%

Owner-occupied

Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Montgomery, MN, in the last 30 days, rent estimates may not represent the actual market.

Rent comparables in
Montgomery, MN
The monthly rent for an apartment in Montgomery, MN is $1,150. A 1-bedroom apartment in Montgomery, MN costs about $1,135 on average, while a 2-bedroom apartment is $1,550. Houses for rent in Montgomery, MN are more expensive, with an average monthly cost of $2,395.


1 bedroom	$1,295	No Change	55%
2 bedroom	$1,500	No Change	63%
3 bedroom	$1,775	No Change	-
4 bedroom	$3,200	No Change	-
Studio	$1,000	-	-


Apartments	$1,150	No Change	No Change
Condos	$1,315	-	No Change
Houses	$2,395	No Change	No Change

Studio

Average rent

$1,000

1 bedroom

Average rent

$1,295

Last year

55%

2 bedroom

Average rent

$1,500

Last year

63%

3 bedroom

Average rent

$1,775

4 bedroom

Average rent

$3,200

The table above reflects average rent prices in Montgomery, MN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Montgomery, MN to other cities

Median rent prices in Montgomery, MN for all bedroom counts and property types compared to Austin, MN.

Montgomery

Median rent price$1,267

37%

lower than the national median

Median rent price$997

50%

lower than the national median

Takeaway

The median rent for all rentals in Montgomery, MN is 27% higher than the median rent in Austin, MN.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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