1-Bedroom Apartment Rent in Monticello, MN
Median asking rent for a 1-bedroom apartment in Monticello, Minnesota as of July 2026. That's +17% lower than the citywide median of $1,623 and +4% below the national 1-bedroom median of $1,395.
Income needed for a 1-bedroom in Monticello
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 1-bedroom at the current median rent.
Rent by apartment size in Monticello
Compare Monticello's median rent across every apartment size.
Cheapest cities for a 1-bedroom in Minnesota
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Winona | $780 |
| 2 | Austin | $800 |
| 3 | Owatonna | $800 |
| 4 | Bemidji | $830 |
| 5 | Moorhead | $860 |
| 6 | Waite Park | $920 |
| 7 | Duluth | $972 |
| 8 | Anoka | $975 |
| 9 | Saint Cloud | $1,003 |
| 10 | Mankato | $1,030 |
| 11 | Rochester | $1,120 |
| 12 | Little Canada | $1,173 |
| 13 | Northfield | $1,200 |
| 14 | South Saint Paul | $1,200 |
| 15 | Saint Michael | $1,220 |
Most expensive cities for a 1-bedroom in Minnesota
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Woodbury | $1,870 |
| 2 | Maple Grove | $1,805 |
| 3 | Eden Prairie | $1,775 |
| 4 | Lakeville | $1,750 |
| 5 | Cottage Grove | $1,750 |
| 6 | Edina | $1,723 |
| 7 | Blaine | $1,710 |
| 8 | Plymouth | $1,690 |
| 9 | Brooklyn Park | $1,690 |
| 10 | Savage | $1,660 |
| 11 | Rosemount | $1,660 |
| 12 | Minnetonka | $1,640 |
| 13 | Apple Valley | $1,570 |
| 14 | Saint Louis Park | $1,565 |
| 15 | Vadnais Heights | $1,560 |
Nearby cities — 1-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 1-bedroom rents than Monticello.
| City | Distance | 1-Bedroom rent | vs Monticello |
|---|---|---|---|
| Saint Michael, MN | 11.8 mi | $1,220 | $-120 (-9%) |
| Elk River, MN | 18.9 mi | $1,250 | $-90 (-7%) |
| Rogers, MN | 19.9 mi | $1,490 | +$150 (+11%) |
| Ramsey, MN | 28.1 mi | $1,330 | $-10 (-1%) |
| Maple Grove, MN | 28.1 mi | $1,805 | +$465 (+35%) |
| Spring Park, MN | 28.2 mi | $1,270 | $-70 (-5%) |
| Saint Cloud, MN | 28.3 mi | $1,003 | $-337 (-25%) |
| Wayzata, MN | 31.6 mi | $1,400 | +$60 (+4%) |
| Champlin, MN | 32.2 mi | $1,540 | +$200 (+15%) |
| Plymouth, MN | 32.2 mi | $1,690 | +$350 (+26%) |
| Waite Park, MN | 32.3 mi | $920 | $-420 (-31%) |
| Brooklyn Park, MN | 35.2 mi | $1,690 | +$350 (+26%) |
1-Bedroom rent in Monticello — common questions
How much is a 1-bedroom apartment in Monticello?
As of July 2026, the median 1-bedroom apartment rent in Monticello, Minnesota is $1,340 per month. This is +17% below the citywide median of $1,623.
What income do you need to afford a 1-bedroom in Monticello?
Using the standard 30% rent-to-income rule, you would need an annual income of about $53,600 ($4,467/month gross), which works out to roughly $25.77/hour at a full-time job.
Is Monticello expensive for a 1-bedroom compared to the rest of the US?
Monticello's 1-bedroom median of $1,340 is +4% below the national 1-bedroom median of $1,395. It ranks in the 46th percentile of US cities tracked.
How does Monticello rank for 1-bedroom rent in Minnesota?
Among the 64 cities in Minnesota with 1-bedroom data, Monticello ranks #29 from cheapest to most expensive.
Are there cheaper 1-bedroom options near Monticello?
Yes — nearby cities with cheaper 1-bedroom rents include Saint Michael ($1,220), Elk River ($1,250), Ramsey ($1,330).