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Houses for Rent in Monticello, MN 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

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As of November 2026, Monticello's rental market is stable, with rentals spending about 30 days on the market, about the same as in Minnesota (29), and rents up 0.6% over the past year. Monticello's average rent is 1.1% ($17) higher than the Minnesota average of $1,617 and 19.7% ($402) lower than the U.S. average of $2,036.

Average Rent
$1,634
Monthly ChangeMonth Over Month Change
Increased0.23% ($4)
Yearly ChangeYear Over Year Change
Increased0.6% ($10)
Days on Market
30
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,356 Increased0.41% ($6) Increased1.2% ($16)
2 Beds $1,584 Decreased0.14% ($2) Decreased0.7% ($11)
3 Beds $2,157 Increased0.22% ($5) Increased2.3% ($49)
Nearby Cities Average Rent Avg. Rent vs. MonticelloAverage Rent vs. Monticello Days on Market
Buffalo $1,663 Increased1.8% ($29) 30 days
Becker $1,660 Increased1.6% ($26) 31 days
Big Lake $1,785 Increased9.2% ($151) 29 days
Albertville $1,877 Increased14.9% ($243) 29 days
St. Michael $1,831 Increased12.1% ($197) 38 days
Based on rentals advertised on RentalSource in and around Monticello.
Frequently Asked Questions
Monticello Rental Market FAQs

Explore rental prices, market conditions, and affordability in Monticello, MN.

The average rent in Monticello, MN is about $1,634 per month.
In Monticello, the average rent is about $1,356 per month for a 1-bedroom house, about $1,584 for a 2-bedroom house and about $2,157 for a 3-bedroom house.
The average rent in Monticello is 19.7% ($402) lower than the national average of $2,036 per month.
The rental market in Monticello, MN is currently stable, with rentals spending about 30 days on the market, about the same as in Minnesota (29), and rents up 0.6% over the past year.
Based on the current averages, a household would need an annual income of about $63,400 to comfortably afford a 2-bedroom house in Monticello.
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