Montgomery, MN rental market

What is the average rent in Montgomery, MN?

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Last updated June 24, 2026

Rental market summary

The average rent for all bedrooms and all property types in Montgomery, MN is $1,545.

Average rent

$1,545

Month-over-month change

-$100

Year-over-year change

+$670

Available rentals

2

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,545 to $1,850.

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Rent frequencies
Rent priceNumber of rental properties
$1,5001
$1,800+1

Average rent price over time

In the last year, rent has increased by $670 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$903
Mar$800$885
Apr$875$925
May$950$885
Jun$1,795$1,601
Jul$680No data
Aug$1,150No data
Sep$1,050No data
Oct$1,050No data
Nov$900No data
Dec$900No data

Market temperature

The Montgomery, 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.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Montgomery, MN is 23% lower than the national average.

Montgomery, MNvs.

$1,545

$2,010

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Frequently asked questions

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

The average rent in Montgomery, MN is $1,545.

2. 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.

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

The average rent for a four-bedroom apartment in Montgomery, MN is $1,850 per month.

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

Houses in Montgomery, MN rent between $1,545 - $1,850 with an average rent of $1,545.

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

In the last year, the rent in Montgomery, MN increased by $670

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 $100

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

There are currently 2 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 $1,545 — 23.13% lower the national average of $2,010.

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