Cheap Apartments for Rent in Billings, MT from $500 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in Billings.

The Place at Rimrock

211 N 18th St

Ridgeview Apartments

629 St Johns Ave

3404 2nd Ave N
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.

918 N 31st St

2416 1/2 11th Ave N

The Place at Lake Elmo

424 S 29th St

206 N 18th St

Colton Heights Apartments

1836 Clark Ave
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.

418 Lola Ln

Highlands Apartments

Inter Pointe

1433 Wyoming Ave

Harvest Granger Apartments
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.
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.
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 | $1,273 | $795 | $2,474 |
Cheap Billings 1 Bedroom Apartments | $1,404 | $600 | $2,891 |
Cheap Billings 2 Bedroom Apartments | $1,572 | $795 | $3,718 |
Cheap Billings 3 Bedroom Apartments | $2,532 | $1,150 | $5,435 |
Cheap Billings 4 Bedroom Apartments | $2,995 | $2,995 | $2,995 |
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: 08/28/2025Current apartment rentals in the Billings, MT area range in price from $600 to $5,435 with an overall median price of $2,074. The three Billings neighborhoods with the lowest median rent pricing are South Side Billings at $600, North 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 |
---|---|---|---|
South Side Billings | $1,300 | $600 | 24 |
North Side Billings | $1,302 | $600 | 19 |
East Heights | $1,305 | $695 | 13 |
East Central Billings | $1,995 | $795 | 66 |
West Central Billings | $2,626 | $975 | 155 |
Downtown Billings | $2,995 | $600 | 53 |
North Central Billings | $2,995 | $795 | 75 |
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 | Large Studio | Studio,1BA | $875 |
The Place at Rimrock | 1 Bedroom | 1BR,1BA | $900 |
The Place at Lake Elmo | 1 Bedroom | 1BR,1BA | $925 |
Highlands Apartments | 1 Bedroom 1 Bath-Highlands | 1BR,1BA | $1,025 |
1433 Wyoming Ave | 2 Bed/1.5 Bath | 2BR,1BA | $1,050 |
Central Court Village | 1 Bedroom | 1 Bath | 1BR,1BA | $1,108 |
Western One | Upstairs unit | 1BR,1BA | $1,125 |
Hoop Dreams | Upstairs unit | 1BR,1BA | $1,125 |
Best Value Apartments for Rent in Billings, MT
As of August 28, 2025 the best value apartment in the Billings area is the $1.46 price per square foot Wild Rose Model at Farmstead Townhomes in the in the West Central Billings neighborhood starting from $2,795. The second greatest value Billings apartment is the 2 Bed/1.75 Bath Model at Brookshire Village Apartments starting at $1,495 with a $1.33 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. |
---|---|---|---|
Farmstead Townhomes | Wild Rose | 3BR,2BA | $1.46 |
Brookshire Village Apartments | 2 Bed/1.75 Bath | 2BR,2BA | $1.33 |
1852 Annafeld Pky W, Unit 1852 | 1852 Annafeld Pky W | 2BR,2.5BA | $1.47 |
133 Washington St, Unit A | 133 Washington St | 2BR,1BA | $1.14 |
Rimrock West Apartments | B1 | 2BR,1.5BA | $1.48 |
Olympic Village Apartments | B1 | 2BR,1BA | $1.36 |
Harvest Granger Apartments | 2 Bedroom / 1 Bath - 1st Floor | 2BR,1BA | $1.51 |
1433 Wyoming Ave | 2 Bed/1.5 Bath | 2BR,1.5BA | $1.31 |
Ridgeview Apartments | 1 Bed/1 Bath | 1BR,1BA | $1.06 |
The Place at Rimrock | 1 Bedroom | 1BR,1BA | $1.37 |
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.
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 #140
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 $1,125.
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 $2,074.
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 $143 which is $1,931 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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.