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Viewing 1-12 of 12 rentals in Monticello
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 June 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 0.3% ($4) higher than the Minnesota average of $1,491 and 16.2% ($289) lower than the U.S. average of $1,784.
Average Rent
$1,495
Monthly ChangeMonth Over Month Change
2.4% ($35)
Yearly ChangeYear Over Year Change
8.3% ($114)
Avg. Days on MarketAverage Days on Market
41
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,398 | 0.3% ($4) | 24.5% ($275) |
| 2 Beds | $1,631 | 0.4% ($6) | 18.1% ($250) |
| 3 Beds | $1,931 | 0.1% ($2) | 20.5% ($328) |
| Nearby Cities | Average Rent | Avg. Rent vs. MonticelloAverage Rent vs. Monticello | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Big Lake | $1,512 | 1.1% ($17) | 40 days |
| Becker | $1,727 | 15.5% ($232) | 40 days |
| Albertville | $1,955 | 30.8% ($460) | 43 days |
| Buffalo | $1,385 | 7.4% ($110) | 41 days |
| Elk River | $1,500 | 0.3% ($5) | 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 $1,495 per month.
Homes in Monticello typically rent for between $979 and $2,510 per month, with an average of $1,495 per month.
In Monticello, the average rent for a 1-bedroom home is $1,398 per month, for a 2-bedroom home, $1,631 per month, and a 3-bedroom home is $1,931 per month.
The average rent in Monticello is 16.2% ($289) lower than the national average of $1,784 per month.
The average rent in Monticello has increased by 2.4% ($35) in the last month and increased by 8.3% ($114) 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 12 rental properties available in Monticello, MN.
Based on the current averages, a household would need an annual income of $65,240 to comfortably afford a 2-bedroom home in Monticello.
