Homes for Rent in 55362

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What to Know About

Life in Monticello & Beyond

Monticello shares many of the great qualities that make Minnesota a desirable place to live.

Minnesota, known as the "Land of 10,000 Lakes", boasts breathtaking landscapes and a thriving arts and cultural community that enchants you. Immerse yourself in Minnesota's roots and history through the City Museum and the Science Museum of Minnesota, or invest in your education through the University of Minnesota, St. Cloud State University, and Minnesota State University, Mankato. In addition, residents can enjoy a vibrant arts and cultural scene in the Twin Cities of Minneapolis and St. Paul, including the famous Walker Art Center and the Minnesota Orchestra, providing a wealth of entertainment options.

Sports enthusiasts can enjoy cheering on professional teams such as the Minnesota Vikings (NFL), Minnesota Twins (MLB), and Minnesota Timberwolves (NBA), providing ample opportunities for excitement. Explore famous attractions like the Mall of America, the James J. Hill House, and the historic town of Duluth, each providing a unique glimpse into Minnesota's history and culture. In addition, the state offers many outdoor recreation opportunities, from boating and fishing in its 10,000 lakes to skiing in the Minnesota River Valley.

Minnesota offers a unique blend of natural beauty, quality of life, and affordability, making it a great place to call home.

Rental Market Trends

Monticello, MN

As of July 2025, Monticello's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Monticello's average rent is 2.6% ($38) higher than the Minnesota average of $1,479 and 14.5% ($258) lower than the U.S. average of $1,775.

Average Rent
$1,517
Monthly ChangeMonth Over Month Change
Increased1.5% ($22)
Yearly ChangeYear Over Year Change
Increased10.1% ($139)
Avg. Days on MarketAverage Days on Market
41
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,407 Increased0.6% ($9) Increased25.3% ($284)
2 Beds $1,654 Increased1.4% ($23) Increased19.8% ($273)
3 Beds $1,902 Decreased1.5% ($29) Increased18.7% ($299)
Nearby Cities Average Rent Avg. Rent vs. MonticelloAverage Rent vs. Monticello Avg. Days on MarketAverage Days on Market
Big Lake $1,492 Decreased1.6% ($25) 40 days
Becker $1,727 Increased13.8% ($210) 40 days
Albertville $1,790 Increased18% ($273) 43 days
Buffalo $1,446 Decreased4.7% ($71) 41 days
Elk River $1,513 Decreased0.3% ($4) 46 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Monticello Rental Market FAQs

Explore rental prices, market trends, and availability in Monticello, MN.

The average rent in Monticello, MN is $1,517 per month.
Homes in Monticello typically rent for between $985 and $2,473 per month, with an average of $1,517 per month.
In Monticello, the average rent for a 1-bedroom home is $1,407 per month, for a 2-bedroom home, $1,654 per month, and a 3-bedroom home is $1,902 per month.
The average rent in Monticello is 14.5% ($258) lower than the national average of $1,775 per month.
The average rent in Monticello has increased by 1.5% ($22) in the last month and increased by 10.1% ($139) over the past year.
The rental market in Monticello, MN, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Monticello, MN, the average rental stays on the market for approximately 41 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 11 rental properties available in Monticello, MN.
Based on the current averages, a household would need an annual income of $66,160 to comfortably afford a 2-bedroom home in Monticello.
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