Cheap 1 Bedroom Apartments for Rent in Billings, MT from $495 (56 Rentals)

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 1526 Lake Elmo Dr

$1,134

Total Monthly Price

Total Monthly Price

Base Rent
$1,134 - $1,408
Total Monthly Price
$1,134 - $1,408

1 Bedroom Condos for Rent

Available Now

1526 Lake Elmo Dr

BillingsMT59105

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Hunter's Pointe
Rent Specials
$1,320 - $3,847
Total Monthly Price

Total Monthly Price

Base Rent
$1,374 - $5,930
Total Monthly Price
$1,374 - $5,930
1 Bedroom Apartments Available Now

Hunter's Pointe

3040 Central AveBillings, MT 59102
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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220 N 24th St
1 Bedroom Apartments

220 N 24th St

220 N 24th StBillings, MT 59101
  • Utilities Included
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3300 3rd Ave N
1 Bedroom Apartments

3300 3rd Ave N

3300 3rd Ave NBillings, MT 59101
  • Utilities Included
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Sage Tower Apartments
1 Bedroom Apartments

Sage Tower Apartments

115 N 24th StBillings, MT 59101
Senior Living
  • Utilities Included
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307 S 28th St
1 Bedroom Apartments

307 S 28th St

307 S 28th StBillings, MT 59101
  • Utilities Included
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Okerman Apartments
1 Bedroom Apartments

Okerman Apartments

23-27 Yellowstone AveBillings, MT 59101
  • Utilities Included
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838 Avenue B
1 Bedroom Apartments

838 Avenue B

838 Avenue BBillings, MT 59102
  • Utilities Included
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Ridgeview Apartments
1 Bedroom Apartments

Ridgeview Apartments

1203 Broadwater AveBillings, MT 59102
  • Utilities Included
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Midway Apartments
1 Bedroom Apartments

Midway Apartments

2020 Alderson AveBillings, MT 59102

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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435 Lordwith Dr
1 Bedroom Apartments

435 Lordwith Dr

435 Lordwith DrBillings, MT 59102
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Fox Meadows
1 Bedroom Apartments

Fox Meadows

2901 Monad RdBillings, MT 59102
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810 Crist Dr
1 Bedroom Apartments

810 Crist Dr

810 Crist DrBillings, MT 59105
  • Utilities Included
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346 Bench
1 Bedroom Apartments

346 Bench

334 Bench BlvdBillings, MT 59105
  • Smoke Free
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Central Court Village
1 Bedroom Apartments

Central Court Village

78 27th St WBillings, MT 59102
Senior Living
  • Utilities Included
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813 Dreamers Loop
1 Bedroom Apartments

813 Dreamers Loop

839 Dreamers LoopBillings, MT 59105
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Samuel Court
1 Bedroom Apartments

Samuel Court

601 Samuel CtBillings, MT 59105

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Billings, MT Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Best Local Schools in
Billings, MT

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Billings, MT Rentals by Map

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See the most popular apartments and homes in Billings, MT

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Frequently Asked Questions about Cheap Billings Apartments

What is a cheap apartment in Billings?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Billings is under $995.

What is the price of a cheap apartment in Billings?

The cheapest apartment in Billings is The Place at North 24th which is listed at $595, while the average apartment in Billings costs $1,807.

What types of apartments are the cheapest in Billings?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 10 regular apartments in Billings that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Billings?

Cheap apartments in Billings have an average cost of $748 which is $1,059 cheaper than the average rent for all rentals in Billings.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.