Montgomery, MN rental market

What is the average rent in Montgomery, MN?

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Last updated August 9, 2026

Rental market summary

The average rent for all bedrooms and all property types in Montgomery, MN is $925.

Average rent

$925

Month-over-month change

-$50

Year-over-year change

+$25

Available rentals

4

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $885 to $2,650.

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Rent frequencies
Rent priceNumber of rental properties
$8001
$9001
$1,5001
$2,600+1

Average rent price over time

In the last year, rent has increased by $25 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$875$900
Feb$800$905
Mar$800$885
Apr$875$925
May$950$885
Jun$1,795$1,595
Jul$680$1,545
Aug$1,150$925
Sep$1,050No data
Oct$1,050No data
Nov$900No data
Dec$900No data

Market temperature

The Montgomery, MN rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Montgomery, MN is 54% lower than the national average.

Montgomery, MNvs.

$925

$2,004

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Frequently asked questions

1. What is the average rent in Montgomery, MN?

The average rent in Montgomery, MN is $925.

2. What is the average rent for a one-bedroom apartment in Montgomery, MN?

The average rent for a one-bedroom apartment in Montgomery, MN is $885 per month.

3. What is the average rent for a three-bedroom apartment in Montgomery, MN?

The average rent for a three-bedroom apartment in Montgomery, MN is $1,545 per month.

4. How much does it cost to rent a house in Montgomery, MN?

Houses in Montgomery, MN rent between $885 - $2,650 with an average rent of $925.

5. How has the rent in Montgomery, MN changed in the last year?

In the last year, the rent in Montgomery, MN increased by $25

6. How much has the rent in Montgomery, MN increased/decreased in the last month?

In the last month, the rent in Montgomery, MN decreased by $50

7. How many available rentals are there in Montgomery, MN?

There are currently 4 rentals available in Montgomery, MN.

8. How do rent prices in Montgomery, MN compare with the national average?

The average rent in Montgomery, MN is $925 — 53.84% lower the national average of $2,004.

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