Cheap Apartments for Rent in Billings, MT from $500 (43 Rentals)

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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.

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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220 N 24th St
1 to 2 Bedroom Apartments

220 N 24th St

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

3300 3rd Ave N

3300 3rd Ave NBillings, MT 59101
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Acme Hotel Apartments
Studio to 2 Bedroom Apartments

Acme Hotel Apartments

107 N 28th StBillings, MT 59101
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524 N 23rd St
Studio to 1 Bedroom Apartments

524 N 23rd St

524 N 23rd StBillings, MT 59101
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1117 17th St W
2 Bedroom Apartments

1117 17th St W

1117 17th St WBillings, MT 59102
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Sage Tower Apartments
Studio to 1 Bedroom Apartments

Sage Tower Apartments

115 N 24th StBillings, MT 59101
Senior Living
  • Utilities Included

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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307 S 28th St
Studio to 2 Bedroom Apartments

307 S 28th St

307 S 28th StBillings, MT 59101
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Okerman Apartments
1 to 2 Bedroom Apartments

Okerman Apartments

23-27 Yellowstone AveBillings, MT 59101
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4 Lewis Ave
Studio to 1 Bedroom Apartments

4 Lewis Ave

4 Lewis AveBillings, MT 59101
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838 Avenue B
1 Bedroom Apartments

838 Avenue B

838 Avenue BBillings, MT 59102
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Fox Meadows
Studio to 3 Bedroom Apartments

Fox Meadows

2901 Monad RdBillings, MT 59102
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Midway Apartments
1 Bedroom Apartments

Midway Apartments

2020 Alderson AveBillings, MT 59102
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435 Lordwith Dr
1 to 2 Bedroom Apartments

435 Lordwith Dr

435 Lordwith DrBillings, MT 59102
  • Utilities Included

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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1521 10th St W
2 Bedroom Apartments

1521 10th St W

1521 10th St WBillings, MT 59102
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3 7th St. West
2 Bedroom Apartments

3 7th St. West

3 7th St WBillings, MT 59101
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1905 Burnstead Dr
2 Bedroom Apartments

1905 Burnstead Dr

1905 Burnstead DrBillings, MT 59101
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Central Court Village
1 to 2 Bedroom Apartments

Central Court Village

78 27th St WBillings, MT 59102
Senior Living
  • Utilities Included
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1201 Yellowstone Ave
2 Bedroom Apartments

1201 Yellowstone Ave

1201 Yellowstone AveBillings, MT 59102
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Sandstone Place
2 to 3 Bedroom Apartments

Sandstone Place

540-550 S 28th StBillings, MT 59101
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1410 Lake Elmo Dr
2 Bedroom Apartments

1410 Lake Elmo Dr

1410 Lake Elmo DrBillings, MT 59105
  • Utilities Included

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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810 Crist Dr
1 Bedroom Apartments

810 Crist Dr

810 Crist DrBillings, MT 59105
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1937 Clubhouse Way
2 Bedroom Apartments

1937 Clubhouse Way

1937 Clubhouse WayBillings, MT 59105
  • Utilities Included

Billings, MT Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Billings, MT

Pricing Updated: 10/12/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
North Side Billings$1,995$75019
South Side Billings$1,995$69530
East Heights$2,395$92527
West Central Billings$2,395$9258
Downtown Billings$2,925$69583
East Central Billings$2,925$75066
North Central Billings$3,250$77549

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 ListingModel NameBed/BathPriced From
The Place at North 24thStudio1BR,1BA$645
Ridgeview ApartmentsStudio2BR,1BA$795
Rockvue LoftsSmall Studio2BR,1BA$865
Highlands Apartments1 Bedroom 1 Bath-Madison1BR,1BA$895
The Place at Rimrock1 Bedroom1BR,1BA$900
Central Court Village1 Bedroom | 1 Bath1BR,1BA$923
The Place at Lake Elmo1 Bedroom1BR,1BA$925
Eastwood Apartments1 Bed/1 Bath/Loft1BR,1BA$950
1410 Lake Elmo Dr2 Bed/1 Bath2BR,1BA$975
Olympic Village ApartmentsB12BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Brookshire Village Apartments2 Bed/1.75 Bath2BR,2BA$1.28
339 Aristocrat Dr339 Aristocrat Dr2BR,1BA$1.16
631 Oakmont Rd, Unit 2631 Oakmont Rd2BR,1BA$1.18
1433 Wyoming Ave3 Bed/1.5 Bath3BR,1.5BA$1.20
Rimrock West ApartmentsB12BR,1.5BA$1.41
Olympic Village ApartmentsB22BR,1BA$1.30
1410 Lake Elmo Dr2 Bed/1 Bath2BR,1BA$1.22
Ridgeview Apartments1 Bed/1 Bath1BR,1BA$1.06
Highlands Apartments1 Bedroom 1 Bath-Highlands1BR,1BA$1.41
The Place at Rimrock1 Bedroom1BR,1BA$1.37

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 Lifestyle
Billings, MT

Ranked #130

Among cities in Montana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Billings, MT Rentals by Map

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Getting Around Billings, MT

Walk Score®

44 / 100

Car-Dependent

Most errands require a car

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.

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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.