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Apartments in 56265

1 - 5 of 5 Results
15
$590 - 674
Burnsdale 2 Apartments
1324 Black Oak Ave Montevideo, MN
1 BR | Available Now
Contact
Heat Included
Senior Community
1
$859 - 1,099
Northdale Estates
Deal
3.4
1204 Benson Road Montevideo, MN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
2
$675
Wildwood Apartments
215 S 5th St Montevideo, MN
1 BR | Ask for Availability
Contact
Storage
Disability Access
11
$850
402 Wolfe Ave Unit 1
Montevideo, MN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
22
$750
402 Wolfe Ave Unit 2
Montevideo, MN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Dishwasher
1 - 5 of 5 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
1BR $680 $680 - $680
2BR $800 $750 - $850
3BR $860 $860 - $1,100
Frequently Asked Questions

How many apartments are available in 56265 on Rentable.co?

Rentable.co has 5 apartments available for rent in 56265.

What is the average rent for an apartment in 56265?

The average rent for an apartment in 56265 is around $850 per month.

What is the average rent for a two-bedroom apartment in 56265?

The average rent for a two-bedroom apartment in 56265 is around $800 per month.

What is the average rent for a one-bedroom apartment in 56265?

The average rent for a one-bedroom apartment in 56265 is around $675 per month.

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 7 units available for rent in this area. The average rent for apartments in 56265 is $850, and you can find 1-bedroom units starting at $675.

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:
May Rent Report

Welcome to the May 2024 Montevideo Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 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
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Montevideo Rent Prices Increase From April to May

Montevideo rent prices increased over the last month. From April to May, the city experienced a 7.21% increase for the price of a one-bedroom apartment. The rent price for a Montevideo one-bedroom apartments currently stands at $639.0.

When we take a look at the two-bedroom comparison from April to May, Montevideo experienced a 1.45% increase for the price of a two-bedroom apartment. The rent price for a Montevideo two-bedroom apartments currently stands at $837.0.

May Prices: Montevideo vs. Surrounding Areas

Rent Prices in Montevideo and Surrounding Areas

Rent prices have increased 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.

May 2024 Pricing Trends: Montevideo vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$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 on the rise. 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 May 1 BR M/M % Change 2 BR May 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.

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