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Cheap Apartments for Rent in Billings, MT from $500 (64 Rentals)
Search the lowest-cost Apartments available for rent right now in Billings.
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$695 - $1,3751 to 3 Bedroom Apartments Available Now
The Place at Rimrock
2141 Burnstead DrBillings, MT 59101
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$795 - $1,295Studio to 2 Bedroom Apartments Available Now
Ridgeview Apartments
1203 Broadwater AveBillings, MT 59102
425 S 30th St
BillingsMT59101
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$850 - $9501 Bedroom Apartments Available Now
The Place at Lake Elmo
850 Lake Elmo DrBillings, MT 59105
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118 6th St W
BillingsMT59101
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$8951 Bedroom Apartment Available Now
1040 N 26th St, Unit 1040.5 N 26th St
1040 N 26th StBillings, MT 59101
1620 Canary Ave
BillingsMT59101
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.
501 2nd St W
BillingsMT59101
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$9752 Bedroom Apartment Available Now
1584 Governors Blvd, Unit #3
1584 Governors BlvdBillings, MT 59105
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$9752 Bedroom Apartment Available Now
1044 N 25th St, Unit 1044.5 N 25th St
1044 N 25th StBillings, MT 59101
1508 11th St W
BillingsMT59102
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$995 - $1,4301 to 2 Bedroom Apartments Available Now
Highlands Apartments
1105 N 22nd StBillings, MT 59101
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$1,050 - $2,200Studio to 3 Bedroom Apartments Available Now
Inter Pointe
501 S 44th St WBillings, MT 59106
518 Wyoming Ave
BillingsMT59101
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$1,0752 Bedroom Apartment Available Now
1047 N 26th St, Unit 1047 N 26th St
1047 N 26th StBillings, MT 59101
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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$1,1001 Bedroom Apartment Available Now
1273 Yellowstone Ave, Unit Great Condo wAll Util inc
1273 Yellowstone AveBillings, MT 59102
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$1,110 - $1,8151 to 3 Bedroom Apartments Available Now
Castlerock Apartment Homes
1551 Nottingham PlBillings, MT 59105
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Rent Specials
$1,125 - $1,4731 to 3 Bedroom Apartments Available Now
Rock Creek
2323 32nd St WBillings, MT 59102
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$1,149 - $1,5251 to 2 Bedroom Apartments Available Now
Western One
4402 Blue Devils WayBillings, MT 59106
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$1,149 - $1,6251 to 2 Bedroom Apartments Available Now
Hoop Dreams
4510 Gators WayBillings, MT 59106
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$1,150 - $1,1952 Bedroom Apartments Available Now
Colton Heights Apartments
2014 Woody DrBillings, MT 59102
706 1/2-9 1/2 Alderson Ave
BillingsMT59101
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317 Jackson St
BillingsMT59101
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Rent Specials
$1,195 - $1,4731 to 3 Bedroom Apartments Available Now
Olympic Village Apartments
3900 Victory CirBillings, MT 59102
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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$1,200 - $1,3802 to 3 Bedroom Apartments Contact Us For Availability
Archway Apartments
3430 Lynn AveBillings, MT 59102
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732 Avenue F
BillingsMT59102
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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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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.
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 | $1,583 | $795 | $4,053 |
| Cheap Billings 1 Bedroom Apartments | $1,352 | $600 | $2,346 |
| Cheap Billings 2 Bedroom Apartments | $1,577 | $795 | $3,945 |
| Cheap Billings 3 Bedroom Apartments | $2,323 | $1,250 | $4,418 |
| Cheap Billings 4 Bedroom Apartments | $1,500 | $1,500 | $1,500 |
Browse Top Apartments in Billings
See all Apartments in BillingsExplore Billings
Billings, MT Local Guide
Written By:
Staff Writer Local Guide Expert
- Billings Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Billings, MT
Pricing Updated: 11/27/2025Current apartment rentals in the Billings, MT area range in price from $600 to $4,418 with an overall median price of $1,820. The three Billings neighborhoods with the lowest median rent pricing are East Heights at $695, South Side Billings at $600, and East Central Billings at $795. 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 |
|---|---|---|---|
| East Heights | $1,510 | $695 | 17 |
| South Side Billings | $1,695 | $600 | 36 |
| East Central Billings | $1,740 | $795 | 70 |
| Downtown Billings | $1,745 | $600 | 67 |
| North Central Billings | $1,760 | $795 | 71 |
| North Side Billings | $1,772 | $600 | 33 |
| West Central Billings | $2,520 | $975 | 155 |
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 |
| The Place at Lake Elmo | 1 Bedroom | 1BR,1BA | $850 |
| Rockvue Lofts | 2 bed 1 bath | 2BR,1BA | $865 |
| The Place at Rimrock | 1 Bedroom | 1BR,1BA | $900 |
| Eastwood Apartments | 1 Bed/1 Bath/Loft | 1BR,1BA | $950 |
Best Value Apartments for Rent in Billings, MT
As of November 27, 2025 the best value apartment in the Billings area is the $0.68 price per square foot 1047 N 26th St Model at 1047 N 26th St, Unit 1047 N 26th St in the in the North Side Billings neighborhood starting from $1,075. The second greatest value Billings apartment is the 2 Bed/1.75 Bath Model at Brookshire Village Apartments starting at $1,445 with a $1.28 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. |
|---|---|---|---|
| 1047 N 26th St, Unit 1047 N 26th St | 1047 N 26th St | 2BR,1BA | $0.68 |
| Brookshire Village Apartments | 2 Bed/1.75 Bath | 2BR,2BA | $1.28 |
| Lordwith Apartments | Renovated 2 Bedroom 1 Bath | 2BR,1BA | $1.27 |
| 1584 Governors Blvd, Unit #3 | 1584 Governors Blvd | 2BR,1BA | $1.07 |
| 1044 N 25th St, Unit 1044.5 N 25th St | 1044 N 25th St | 2BR,1BA | $1.08 |
| 1937 Clubhouse Way | 2 Bed/1 Bath | 2BR,1BA | $1.24 |
| 1273 Yellowstone Ave, Unit Great Condo wAll Util inc | 1273 Yellowstone Ave | 1BR,1BA | $1.26 |
| 1040 N 26th St, Unit 1040.5 N 26th St | 1040 N 26th St | 1BR,1BA | $1.05 |
| Rockvue Lofts | 2 bed 1 bath | 2BR,1BA | $1.12 |
| Ridgeview Apartments | 1 Bed/1 Bath | 1BR,1BA | $1.06 |
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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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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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 #81
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
Billings Elementary School District
Public School - Grades PK-5 (291)
9 out of 10
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 $950.
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 $645, while the average apartment in Billings costs $1,820.
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 $273 which is $1,547 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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
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.