Monticello, MN rental market

What is the average rent in Monticello, MN?

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Last updated September 24, 2026

Rental market summary

The average rent for all bedrooms and all property types in Monticello, MN is $1,621.

Average rent

$1,621

Month-over-month change

-$10

Year-over-year change

-$77

Available rentals

27

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $175 to $2,695.

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Rent frequencies
Rent priceNumber of rental properties
$02
$9001
$1,0001
$1,1002
$1,3005
$1,4002
$1,5002
$1,6004
$1,7001
$1,8001
$1,9004
$2,0001
$2,1001
$2,4002
$2,5002
$2,600+1

Average rent price over time

In the last year, rent has decreased by $77 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,400$1,300
Feb$1,295$1,300
Mar$1,350$1,320
Apr$1,475$1,507
May$1,482$1,558
Jun$1,500$1,600
Jul$1,703$1,395
Aug$1,819$1,638
Sep$1,514$1,500
Oct$1,750No data
Nov$1,446No data
Dec$1,300No data

Market temperature

The Monticello, 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 Monticello, MN is 19% lower than the national average.

Monticello, MNvs.

$1,621

$2,000

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Frequently asked questions

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

The average rent in Monticello, MN is $1,621.

2. What is the average rent for a studio apartment in Monticello, MN?

The average rent for a studio apartment in Monticello, MN is $1,315 per month.

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

The average rent for a one-bedroom apartment in Monticello, MN is $1,350 per month.

4. What is the average rent for a two-bedroom apartment in Monticello, MN?

The average rent for a two-bedroom apartment in Monticello, MN is $1,461 per month.

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

The average rent for a three-bedroom apartment in Monticello, MN is $1,985 per month.

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

The average rent for a four-bedroom apartment in Monticello, MN is $2,490 per month.

7. How much does it cost to rent a house in Monticello, MN?

Houses in Monticello, MN rent between $175 - $2,695 with an average rent of $1,621.

8. How has the rent in Monticello, MN changed in the last year?

In the last year, the rent in Monticello, MN decreased by $77

9. How much has the rent in Monticello, MN increased/decreased in the last month?

In the last month, the rent in Monticello, MN decreased by $10

10. How many available rentals are there in Monticello, MN?

There are currently 27 rentals available in Monticello, MN.

11. How do rent prices in Monticello, MN compare with the national average?

The average rent in Monticello, MN is $1,621 — 18.95% lower the national average of $2,000.

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