Montevideo, MN rental market
What is the average rent in Montevideo, MN?
Rental market summary
The average rent for all bedrooms and all property types in Montevideo, MN is $909.
Average rent
$909
Month-over-month change
-$164
Year-over-year change
-$86
Available rentals
4
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $625 to $1,530.
| Rent price | Number of rental properties |
|---|---|
| $600 | 1 |
| $900 | 1 |
| $1,000 | 1 |
| $1,500+ | 1 |
Average rent price over time
In the last year, rent has decreased by $86 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $1,045 | $884 |
| Feb | $935 | $890 |
| Mar | $935 | $1,081 |
| Apr | $645 | $726 |
| May | $645 | $1,169 |
| Jun | $850 | $787 |
| Jul | $905 | $818 |
| Aug | $995 | $1,080 |
| Sep | $995 | $900 |
| Oct | $1,045 | No data |
| Nov | $840 | No data |
| Dec | $950 | No data |
Market temperature
The Montevideo, MN rental market temperature is WARM. 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 55% lower than the national average.
$909
$2,000
Rent in Montevideo, MN
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Rent trends near Montevideo, MN
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?
