Cheap Apartments for Rent in Billings, MT from $500 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Billings.

3112 3rd Ave S

The Place at Rimrock

3955-3956 Bluebird St

Ridgeview Apartments

716 S 32nd St

3404 2nd Ave N

Rockvue Lofts
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.

Highlands Apartments

Colton Heights Apartments

The Place at Lake Elmo

Inter Pointe

Harvest Granger Apartments
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.

37 Broadwater 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.
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.
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.
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 | $1,575 | $600 | $4,886 |
Cheap Billings 1 Bedroom Apartments | $1,347 | $600 | $2,479 |
Cheap Billings 2 Bedroom Apartments | $1,534 | $750 | $4,028 |
Cheap Billings 3 Bedroom Apartments | $2,401 | $1,195 | $5,883 |
Browse Top Apartments in Billings
See all Apartments in BillingsExplore Billings
Billings, MT Local Guide

- Billings Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Billings, MT
Pricing Updated: 10/12/2025Current apartment rentals in the Billings, MT area range in price from $695 to $3,995 with an overall median price of $2,554. The three Billings neighborhoods with the lowest median rent pricing are North Side Billings at $750, South Side Billings at $695, and East Heights at $925. 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 | $1,995 | $750 | 19 |
South Side Billings | $1,995 | $695 | 30 |
East Heights | $2,395 | $925 | 27 |
West Central Billings | $2,395 | $925 | 8 |
Downtown Billings | $2,925 | $695 | 83 |
East Central Billings | $2,925 | $750 | 66 |
North Central Billings | $3,250 | $775 | 49 |
Cheapest Available Billings Apartments for Rent
 The cheapest available apartment rental in Billings, MT is a 1 Bed unit found at The Place at North 24th in the North Side Billings neighborhood priced from $645. Ridgeview Apartments in the North Central Billings neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $795. Here is today’s list of the most affordable Billings apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Place at North 24th | Studio | 1BR,1BA | $645 |
Ridgeview Apartments | Studio | 2BR,1BA | $795 |
Rockvue Lofts | Small Studio | 2BR,1BA | $865 |
Highlands Apartments | 1 Bedroom 1 Bath-Madison | 1BR,1BA | $895 |
The Place at Rimrock | 1 Bedroom | 1BR,1BA | $900 |
Central Court Village | 1 Bedroom | 1 Bath | 1BR,1BA | $923 |
The Place at Lake Elmo | 1 Bedroom | 1BR,1BA | $925 |
Eastwood Apartments | 1 Bed/1 Bath/Loft | 1BR,1BA | $950 |
1410 Lake Elmo Dr | 2 Bed/1 Bath | 2BR,1BA | $975 |
Olympic Village Apartments | B1 | 2BR,1BA | $1,115 |
Best Value Apartments for Rent in Billings, MT
As of October 13, 2025 the best value apartment in the Billings area is the $1.28 price per square foot 2 Bed/1.75 Bath Model at Brookshire Village Apartments in the in the West Central Billings neighborhood starting from $1,445. The second greatest value Billings apartment is the 339 Aristocrat Dr Model at 339 Aristocrat Dr starting at $1,300 with a $1.16 price per square foot in the East Heights 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. |
---|---|---|---|
Brookshire Village Apartments | 2 Bed/1.75 Bath | 2BR,2BA | $1.28 |
339 Aristocrat Dr | 339 Aristocrat Dr | 2BR,1BA | $1.16 |
631 Oakmont Rd, Unit 2 | 631 Oakmont Rd | 2BR,1BA | $1.18 |
1433 Wyoming Ave | 3 Bed/1.5 Bath | 3BR,1.5BA | $1.20 |
Rimrock West Apartments | B1 | 2BR,1.5BA | $1.41 |
Olympic Village Apartments | B2 | 2BR,1BA | $1.30 |
1410 Lake Elmo Dr | 2 Bed/1 Bath | 2BR,1BA | $1.22 |
Ridgeview Apartments | 1 Bed/1 Bath | 1BR,1BA | $1.06 |
Highlands Apartments | 1 Bedroom 1 Bath-Highlands | 1BR,1BA | $1.41 |
The Place at Rimrock | 1 Bedroom | 1BR,1BA | $1.37 |
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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 #130
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 the Cheapest Studio apartment in Billings?
Currently the most affordable Cheap Studio Apartment in Billings is at Ridgeview Apartments listed at $795.
How much is rent for a Cheap One Bedroom Billings Apartment?
The lowest price for a Cheap One Bedroom Billings Apartment is $645 at The Place at North 24th.
What is the lowest price for a Cheap Two Bedroom Billings Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Billings is starting from $795 at Ridgeview Apartments.
What is the most affordable Billings Three Bedroom Apartment?
The best deal on a cheap Billings Three Bedroom Apartment rental is at 1433 Wyoming Ave and starts from $1,195.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.