What is the average apartment size in Monticello?

The average size for a Monticello, MN apartment is 1,010 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Monticello?

As of Jan / 2026, the average rent in Monticello is $1,712 per month, a 4.31% increase from last years average of $1,641.

How much does rent cost by apartment size in Monticello?

In Monticello, studios rent for $1,427 per month, one-bedroom units average $1,522 per month, two-bedrooms cost around $1,791 per month, and three-bedroom apartments rent for about $2,135 per month

What is the average apartment size in Monticello?

The typical apartment in Monticello offers about 1,010 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Monticello?

Studio apartments in Monticello average 608 sq. ft., one-bedrooms offer 785 sq. ft., two-bedrooms are about 1,116 sq. ft., and three-bedroom apartments average 1,485 sq. ft.

Monticello, MN Rental Market Trends

Q: What's the typical rent budget in Monticello?

The typical rent budget in Monticello ranges from $1,501 to $2,000 per month, with 72% of rentals in this range.

Q: Do most people rent or own in Monticello?

In Monticello, 35% of households rent while 65% own their homes, based on the latest U.S. Census data.

Last updated: February 18, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Monticello is $1,712, a 4.31% increase compared to the previous year, when the average rent was $1,641.

Studio Apartments at $1,427 offer the most budget-friendly option with 608 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 785 square feet for $1,522, balancing privacy and affordability.

Two-beedroom units at $1,791 offer 1,116 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,485 sq ft) for $2,135, suitable for larger households.

Average rent in Monticello, MN

Last updated: February 18, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,712	1,010 sq. ft.
Studio	$1,427	608 sq. ft.
1 Bed	$1,522	785 sq. ft.
2 Beds	$1,791	1,116 sq. ft.
3 Beds	$2,135	1,485 sq. ft.

Monticello, MN rent trends

Rental prices in Monticello, MN have increased by 4.31% over the past year. The average rent moved from $1,641 to $1,712.

What's the typical rent budget in Monticello, MN?

The largest share of rentals in Monticello, MN (72%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Monticello, MN?

1,920 or 35% of the households in Monticello, MN are renter-occupied while 3,557 or 65% are owner-occupied.

How Monticello Compares to Other Cities

City	Average Rent
Monticello	$1,712
Minneapolis	$1,687
St. Paul	$1,515
Moorhead	$1,081
Rochester	$1,642
St. Louis Park	$1,776
Bloomington	$1,676
Edina	$1,849
St. Cloud	$1,163
Minnetonka	$1,953
Burnsville	$1,576
Plymouth, MN	$1,700
Coon Rapids	$1,477
Brooklyn Park	$1,335
Maple Grove, MN	$2,173
Anoka	$1,374
Albertville, MN	$1,822
Elk River, MN	$1,566
Champlin, MN	$1,933
Buffalo, MN	$1,369
Rogers, MN	$1,839

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Monticello apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.