Rent in Monticello, MN
A 2-bedroom in Monticello, MN (ZIP 55362) typically rents for about $1,252 a month, with a range of $1,252–$1,734. Owner-occupied homes in Wright County pay about 0.98% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,221 | $1,221–$1,265 | 1 |
| 1 bed | $1,045 | $1,045–$1,427 | 1 |
| 2 beds | $1,252 | $1,252–$1,734 | 1 |
| 3 beds | $2,112 | $2,112–$2,264 | 1 |
| 4 beds | $2,134 | $2,134–$2,538 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Monticello ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Monticello, MN?
- About $1,252 a month: the median of the typical rents in 1 ZIP code, which range from $1,252–$1,734. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Monticello, MN?
- About $1,045 a month: the median of the typical rents in 1 ZIP code, which range from $1,045–$1,427. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Monticello, MN?
- About $2,112 a month: the median of the typical rents in 1 ZIP code, which range from $2,112–$2,264. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Monticello, MN?
- About $1,221 a month: the median of the typical rents in 1 ZIP code, which range from $1,221–$1,265. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Monticello, MN?
- About $2,134 a month: the median of the typical rents in 1 ZIP code, which range from $2,134–$2,538. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Monticello, MN?
- Owner-occupied homes in Wright County pay a typical 0.98% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Monticello rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).