Monticello, MN rental market

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Last updated August 11, 2025

Rental market summary

The average rent for all bedrooms and all property types in Monticello, MN is $1,814.

Average rent

$1,814

Month-over-month change

+$14

Year-over-year change

+$344

Available rentals

23

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $199 to $2,499.

Rent frequencies
Rent priceNumber of rental properties
$01
$5001
$9002
$1,0001
$1,1001
$1,2001
$1,3002
$1,4002
$1,5002
$1,8002
$1,9003
$2,0001
$2,1002
$2,2003
$2,3001
$2,500+1

Average rent price over time

In the last year, rent has increased by $344 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,725$1,400
Feb$1,702$1,295
Mar$1,634$1,350
Apr$1,700$1,475
May$1,714$1,482
Jun$1,806$1,500
Jul$1,600$1,703
Aug$1,661$1,819
Sep$1,446No data
Oct$1,400No data
Nov$1,350No data
Dec$1,350No data

Market temperature

The Monticello, MN rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Monticello, MN is 14% lower than the national average.

Monticello, MNvs.

$1,814

$2,100

Rent in Monticello, MN

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Frequently asked questions

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

The average rent in Monticello, MN is $1,814.

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

Houses in Monticello, MN rent between $199 - $2,499 with an average rent of $1,814.

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

In the last year, the rent in Monticello, MN increased by $344

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

In the last month, the rent in Monticello, MN increased by $14

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

There are currently 23 rentals available in Monticello, MN.

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

The average rent in Monticello, MN is $1,814 — 13.62% lower the national average of $2,100.