Rentometer, Inc. | Data as of 10/22/2025
Montevideo, a vibrant city nestled in western Minnesota, blends small‑town charm with easy access to regional attractions. The historic downtown district showcases beautifully preserved brick storefronts, boutique shops, and a lively riverfront park that hosts community festivals throughout the year. Nearby neighborhoods such as Oak Grove and Eastside offer tree‑lined streets, well‑maintained sidewalks, and proximity to the Montevideo Public Library and the historic St. Paul’s Lutheran Church, making the city an inviting place for families, professionals, and students alike.
The local rental market is anchored by a variety of apartment options, ranging from cozy one‑bedroom units to spacious two‑bedroom layouts. Rent for one‑bedroom apartments typically falls in the $800‑$950 range, while two‑bedroom units often sit in the $1,200‑$1,300 bracket, reflecting a competitive yet affordable environment for renters. With modern amenities, updated interiors, and convenient on‑site laundry, these apartments cater to a broad spectrum of lifestyle preferences. The city's strong rental demand is supported by nearby employment hubs, including agricultural businesses, healthcare facilities, and the regional airport.
Montevideo’s quality of life is enhanced by abundant recreational opportunities, such as the Big Stone Lake shoreline for boating and fishing, as well as extensive biking trails that connect to the surrounding countryside. Excellent schools, a thriving arts scene, and a welcoming community spirit make the city an ideal place to call home. Whether you’re seeking a comfortable apartment close to work or a serene neighborhood near nature, Montevideo’s rental market offers diverse choices that align with a balanced, appreciative lifestyle.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $820 | $830 | $645 - $975 | $715 - $975 |
| Apartment | 2 Bedroom | $1,252 | $1,270 | $1,095 - $1,375 | $1,255 - $1,375 |
In the current period, the average rent in Montevideo was
$820 for 1 Bedroom, and
$1,253 for 2 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.