Montevideo, MN rental market
What is the average rent in Montevideo, MN?
Last updated June 29, 2026
Rental market summary
The average rent for all bedrooms and all property types in Montevideo, MN is $728.
Average rent
$728
Month-over-month change
-$54
Year-over-year change
-$177
Available rentals
4
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $650 to $1,530.
| Rent price | Number of rental properties |
|---|---|
| $600 | 1 |
| $700 | 1 |
| $1,000 | 1 |
| $1,500+ | 1 |
Average rent price over time
In the last year, rent has decreased by $177 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $1,045 | $884 |
| Feb | $935 | $890 |
| Mar | $935 | $1,075 |
| Apr | $645 | $727 |
| May | $645 | $1,169 |
| Jun | $850 | $785 |
| Jul | $905 | No data |
| Aug | $995 | No data |
| Sep | $995 | No data |
| Oct | $1,045 | No data |
| Nov | $840 | No data |
| Dec | $950 | No data |
Market temperature
The Montevideo, MN rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Montevideo, MN is 64% lower than the national average.
$728
$2,011
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Frequently asked questions
1. What is the average rent in Montevideo, MN?
2. What is the average rent for a one-bedroom apartment in Montevideo, MN?
3. What is the average rent for a two-bedroom apartment in Montevideo, MN?
4. What is the average rent for a three-bedroom apartment in Montevideo, MN?
5. How much does it cost to rent a house in Montevideo, MN?
6. How has the rent in Montevideo, MN changed in the last year?
7. How much has the rent in Montevideo, MN increased/decreased in the last month?
8. How many available rentals are there in Montevideo, MN?
9. How do rent prices in Montevideo, MN compare with the national average?
Nearby areas
Zip codes in Montevideo, MN
