Apartments in 56265

1 - 4 of 4 Results
17
$1,085
924 Tanglewood Drive Montevideo, MN
3 BR | Available Now
Contact
Townhome
Income Restricted
Section 8
In Unit Laundry
Balcony/Deck/Patio
2
$595 - 696
1418 Black Oak Ave Montevideo, MN
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Senior Community
Income Restricted
1
$1,149
1204 Benson Road Montevideo, MN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
$995 - 1,095
215 S 5th St Montevideo, MN
2 BR | Jan. 1, 2025
Contact
Storage
Disability Access
1 - 4 of 4 Results
  1. Home
  2. Montevideo
  3. 56265

How much does it cost to rent an apartment in 56265?

56265 apartments
Bed Type Average Rent Range
2BR $1,050 $1,000 - $1,100
3BR $1,120 $1,090 - $1,150
Find an Apartment in 56265
Looking for apartments for rent in the 56265 zip code in Montevideo, MN? Rentable has a variety of options for you to choose from. Currently, there are 6 units available for rent in this area. The average rent for apartments in 56265 is $1,090, and you can find 2-bedroom units starting at $850.

Montevideo offers a charming small-town atmosphere with nearby amenities and attractions. There are several parks in the area where you can enjoy outdoor activities such as picnicking, hiking, and biking. In addition, Montevideo is known for its vibrant community and friendly neighbors, making it a great place to call home.

Take a closer look at Rentable's apartments near 56265 and find the perfect rental that suits your preferences and budget. Whether you're seeking a cozy one-bedroom apartment or a spacious house, there are options available to accommodate your needs.

Montevideo:
December Rent Report

Welcome to the December 2024 Montevideo Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Montevideo rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Montevideo and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Montevideo average rent prices in the chart below.

Monthly Rent Report

$900
$680
$450
$230
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Montevideo Rent Prices Decrease From November to December

Montevideo rent prices decreased over the last month. From November to December, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Montevideo one-bedroom apartments currently stands at $645.0.

When we take a look at the two-bedroom comparison from November to December, Montevideo experienced a -1.14% decrease for the price of a two-bedroom apartment. The rent price for a Montevideo two-bedroom apartments currently stands at $692.0.

December Prices: Montevideo vs. Surrounding Areas

Rent Prices in Montevideo and Surrounding Areas

Rent prices have decreased in Montevideo over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Montevideo suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Montevideo suburbs

  • Rents did not decrease in any of the Montevideo suburbs.

December 2024 Pricing Trends: Montevideo vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Montevideo Rent Prices More Affordable Than Major Cities

Rent growth in Montevideo over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Montevideo average rent prices appear to be relatively affordable for local residents.

The price for a Montevideo one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Montevideo and surrounding area rent prices, take a look at the complete data set below.

Data set for Montevideo and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.