Last updated on May 25, 2026

Average rent in
Monticello, MN

Median rent

Median rent in Monticello

$1,495/mo

increased by2%

vs previous year

The average rent in Monticello is $1,495 per month as of May 2026. This is 23% below the national average rent, or $455 less per month.

$1.45

average price per square foot

Total rentals

Available rentals in Monticello

13

for rent on Zumper.com as of May 2026

Rent price distribution

Share of Monticello rentals at each price point

50%38%25%13%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

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

Rent trends in Monticello, MN

Average rent prices in Monticello have remained the same over the last month and have increased by 2% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Monticello, MN

Rent prices in Monticello vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Monticello is $1,404, whereas a house costs $2,000. 1-bedroom apartments in Monticello run $1,274 on average, while 2-bedroom apartments are $1,420.

Listings

Studio

$1,330

No Change

12%

1 bedroom

$1,287

No Change

7%

2 bedroom

$1,575

3%

6%

3 bedroom

$1,895

14%

15%

4 bedroom

$2,500

3%

14%

Studio

Average rent

$1,330

Last year

12%

1 bedroom

Average rent

$1,287

Last 30 days

No Change

Last year

7%

2 bedroom

Average rent

$1,575

Last 30 days

3%

Last year

6%

3 bedroom

Average rent

$1,895

Last 30 days

14%

Last year

15%

4 bedroom

Average rent

$2,500

Last 30 days

3%

Last year

14%

The table above reflects average rent prices in Monticello, 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.

How does rent in Monticello, MN compare to other cities?

Compare median rent prices in Monticello and Albertville by all bedroom counts and property types.

Monticello

Median rent price$1,495
decreased by23%

lower than the national median

Median rent price$1,913
decreased by2%

lower than the national median

Takeaway

The median rent for all rentals in Monticello, MN is 22% lower than the median rent in Albertville, MN.

Discover rentals in Monticello, MN

The Bluffs - Photo 1 of 1

1d ago

8.8

Very good

The Bluffs

708 E 7th St, Monticello, MN 55362

1–2 beds

1–2 baths

$1,105–$1,508

Apartment for rent

301 East 4th Street - Photo 1 of 1

5d+ ago

Apartment for rent in Monticello

Apartment for rent

Available Jul 1

9173 Orchard Ln - Photo 1 of 1

5d+ ago

Townhouse for rent in Monticello

House for rent

5778 Spirit Hills Rd - Photo 1 of 1

5d+ ago

Townhouse for rent in Monticello

House for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Monticello, MN

Quick answers to common questions about the Monticello rental market.

How much is rent in Monticello?

The average rent in Monticello is $1,495 per month as of May 23, 2026.

Is rent up or down in Monticello?

Average rent prices in Monticello have remained the same over the last month and have increased by 2% since last year.

How does Monticello rent compare to the national average?

Rent in Monticello is 23% below the national average, which means renters are paying approximately $455 less per month.

What salary do I need to afford rent in Monticello?

To comfortably afford rent in Monticello, you'd need to earn approximately $60,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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