Cheap Apartments for Rent in Billings, MT from $500 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Billings.

2550 Wyoming Ave, Unit Downstairs

The Place at Rimrock

709 1/2-1220 1/2 N 26th St

3838 State Ave

Ridgeview Apartments

3909-1821 Bluebird St

201 S 26th St

614 St Johns Ave
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.

629 St Johns Ave

1820 6th St W

218 1/2-1136 1/2 Terry Ave

Highlands Apartments

Inter Pointe
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.

Harvest Granger Apartments
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.
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Billings, MT Local Guide

How much does it cost to rent an apartment in Billings?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Billings Studio Apartments | $1,326 | $660 | $4,536 |
Cheap Billings 1 Bedroom Apartments | $1,438 | $600 | $4,345 |
Cheap Billings 2 Bedroom Apartments | $1,629 | $795 | $6,468 |
Cheap Billings 3 Bedroom Apartments | $2,536 | $1,200 | $3,449 |
Cheap Billings 4 Bedroom Apartments | $1,750 | $1,750 | $1,750 |
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Billings, MT Local Guide

- Billings Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Billings, MT
Pricing Updated: 07/13/2025Current apartment rentals in the Billings, MT area range in price from $600 to $6,468 with an overall median price of $1,847. The three Billings neighborhoods with the lowest median rent pricing are North Side Billings at $600, South Side Billings at $600, and East Heights at $695. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Billings Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
North Side Billings | $1,325 | $600 | 33 |
South Side Billings | $1,350 | $600 | 38 |
East Heights | $1,615 | $695 | 28 |
Downtown Billings | $1,750 | $600 | 70 |
East Central Billings | $1,995 | $660 | 56 |
North Central Billings | $2,000 | $660 | 56 |
West Central Billings | $2,895 | $660 | 121 |
Cheapest Available Billings Apartments for Rent
 The cheapest available apartment rental in Billings, MT is a 1 Bed unit found at 307 S 28th St in the North Side Billings neighborhood priced from $695. The Place at North 24th in the North Side Billings neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Billings apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
307 S 28th St | 1 Bed/1 Bath | 1BR,1BA | $695 |
The Place at North 24th | 1 Bedroom | 1BR,1BA | $775 |
Ridgeview Apartments | Studio | 2BR,1BA | $795 |
Rockvue Lofts | Small Studio | Studio,1BA | $850 |
The Place at Rimrock | 1 Bedroom | 1BR,1BA | $900 |
810 Crist Dr | 1 Bed/1 Bath | 1BR,1BA | $975 |
The Place at Lake Elmo | 1 Bedroom Refreshed | 1BR,1BA | $995 |
Eastwood Apartments | 2 Bed/1 Bath | 2BR,1BA | $1,025 |
Highlands Apartments | 1 Bedroom 1 Bath-Highlands | 1BR,1BA | $1,025 |
Western One | Upstairs unit | 1BR,1BA | $1,075 |
Best Value Apartments for Rent in Billings, MT
As of July 14, 2025 the best value apartment in the Billings area is the $1.64 price per square foot 2 X 2 Townhome Model at The Amber Townhomes in the in the West Central Billings neighborhood starting from $2,349. The second greatest value Billings apartment is the 4410 - 2B (1st Floor) Model at Farmstead Apartments starting at $1,925 with a $1.66 price per square foot in the West Central Billings neighborhood. Here is today’s list of the best values for Billings apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Amber Townhomes | 2 X 2 Townhome | 2BR,2BA | $1.64 |
Farmstead Apartments | 4410 - 2B (1st Floor) | 2BR,2BA | $1.66 |
Lordwith Apartments | Renovated 2 Bedroom 1 Bath | 2BR,1BA | $1.31 |
Rocky Meadows Apartments | B1 | 2BR,2BA | $1.55 |
Rimrock West Apartments | B1 | 2BR,1.5BA | $1.52 |
Brush Meadows | Two Bedroom One Bathroom South | 2BR,1BA | $1.44 |
Eastwood Apartments | 2 Bed/1 Bath | 2BR,1BA | $1.37 |
Ridgeview Apartments | 1 Bed/1 Bath | 1BR,1BA | $1.06 |
The Place at Rimrock | 1 Bedroom | 1BR,1BA | $1.37 |
The Place at North 24th | 1 Bedroom | 1BR,1BA | $1.49 |
Quick Rent Budget Calculator
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Billings Overview
Billings is the largest city in Montana. In spite of its large population, the city has a small town feel to it, with a strong sense of community that makes life in apartments in Billings wonderful. The economy offers a number of job opportunities and outdoor recreational opportunities abound, as it is surrounded by several mountain ranges.
Why live in Billings, MT?
Montana is very affordable with no sales tax. It’s also a great place to start your own business. The economy is growing at a rapid rate, and has done so since it’s very beginning. Jobs are abundant. People are very friendly, which really helps people feel at home here. For nature enthusiasts and outdoor adventurers, Billings has much to offer. From whitewater rafting to skiing and rappelling, there is something for everyone underneath the big blue skies of the “Magic City.”
Pet Friendly LifestyleBillings, MT
Ranked #188
Among cities in Montana for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Billings, MT
Central Heights School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Billings, MT Rentals by Map
See the most popular apartments and homes in Billings, MT
Getting Around Billings, MT
Walk Score®
44 / 100
Car-Dependent
Most errands require a car
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,075.
What is the price of a cheap apartment in Billings?
The cheapest apartment in Billings is 307 S 28th St which is listed at $695, while the average apartment in Billings costs $1,847.
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 9 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 $176 which is $1,671 cheaper than the average rent for all rentals in Billings.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.