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Cheap Apartments for Rent in the Downtown Billings Neighborhood of Billings, MT from $500 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Billings area of Billings.
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$695 - $1,3751 to 3 Bedroom Apartments Available Now
The Place at Rimrock
2141 Burnstead DrBillings, MT 59101
3838 State Ave
BillingsMT59101
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425 S 30th St
BillingsMT59101
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$795 - $1,295Studio to 2 Bedroom Apartments Available Now
Ridgeview Apartments
1203 Broadwater AveBillings, MT 59102
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$850 - $9501 Bedroom Apartments Available Now
The Place at Lake Elmo
850 Lake Elmo DrBillings, MT 59105
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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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
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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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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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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.
Showing Results 1-28, Page 1 of 1
Downtown Billings, Billings, MT Local Guide
How much does it cost to rent an apartment in Downtown Billings?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Billings Studio Apartments | $1,192 | $795 | $1,439 |
| Downtown Billings 1 Bedroom Apartments | $1,006 | $600 | $1,795 |
| Downtown Billings 2 Bedroom Apartments | $1,410 | $795 | $2,025 |
| Downtown Billings 3 Bedroom Apartments | $1,895 | $1,250 | $2,695 |
| Downtown Billings 4 Bedroom Apartments | $1,500 | $1,500 | $1,500 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the Downtown Billings Neighborhood of Billings, MT.
See all Apartments in BillingsExplore Billings
Downtown Billings, Billings, MT Local Guide
- Nearby Billings neighborhoods
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Cheapest Available Downtown Billings Apartments for Rent
The cheapest available apartment rental in the Downtown Billings area of Billings, MT is a 1 Bed unit found at The Place at North 24th priced from $645. Ridgeview Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $795. Here are the most affordable Downtown Billings apartments for rent in Billings, MT:
| 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 |
Best Value Apartments for Rent in Downtown Billings, MT
As of November 27, 2025 the best value apartment in the Downtown 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 Downtown Billings apartment is the Renovated 2 Bedroom 1 Bath Model at Lordwith Apartments starting at $1,350 with a $1.27 price per square foot in the North Side Billings neighborhood. Here is today’s list of the best values for Downtown 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 |
| Lordwith Apartments | Renovated 2 Bedroom 1 Bath | 2BR,1BA | $1.27 |
| Rimrock West Apartments | B1 | 2BR,1.5BA | $1.36 |
| 1044 N 25th St, Unit 1044.5 N 25th St | 1044 N 25th St | 2BR,1BA | $1.08 |
| 1273 Yellowstone Ave, Unit Great Condo wAll Util inc | 1273 Yellowstone Ave | 1BR,1BA | $1.26 |
| Highlands Apartments | 2 Bedroom 1 Bath-Highlands | 2BR,1BA | $1.39 |
| 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 |
| The Place at Rimrock | 1 Bedroom | 1BR,1BA | $1.37 |
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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Pet Friendly LifestyleDowntown Billings, Billings, MT
Ranked #3
Among cities in Montana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Billings, Billings, MT
School data provided by Great Schools
Getting Around the Downtown Billings Neighborhood in Billings, MT
Walk Score®
73 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
61 / 100
Bikeable
Some 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 Downtown Billings Apartments
What is the price of a cheap apartment in Downtown Billings?
The cheapest apartment in Downtown Billings is The Place at North 24th which is listed at $645, while the average apartment in Downtown Billings costs $1,745.
What types of apartments are the cheapest in Downtown 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 3 regular apartments in Downtown 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 Downtown Billings?
Cheap apartments in Downtown Billings have an average cost of $472 which is $1,273 cheaper than the average rent for all rentals in Downtown 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.