Cheap Homes for Rent in Downtown Billings Neighborhood of Billings, MT from $600 (20 Rentals)

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Cheap Homes in the Downtown Billings area of Billings.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Downtown Billings, Billings, MT Local Guide

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 ListingModel NameBed/BathPriced From
The Place at North 24thStudio1BR,1BA$645
Ridgeview ApartmentsStudio2BR,1BA$795
The Place at Lake Elmo1 Bedroom1BR,1BA$850
Rockvue LoftsSmall StudioStudio,1BA$850
The Place at Rimrock1 Bedroom1BR,1BA$895

Best Value Apartments for Rent in Downtown Billings, MT

As of May 03, 2025 the best value apartment in the Downtown Billings area is the $1.19 price per square foot 2 Bed/1.5 Bath Model at Trilogy Townhomes in the in the East Heights neighborhood starting from $1,495. The second greatest value Downtown Billings apartment is the B1 Model at Rocky Meadows Apartments starting at $1,430 with a $1.38 price per square foot in the North Central Billings neighborhood. Here is today’s list of the best values for Downtown Billings apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Trilogy Townhomes2 Bed/1.5 Bath2BR,1.5BA$1.19
Rocky Meadows ApartmentsB12BR,2BA$1.38
Brush MeadowsTwo Bedroom One Bathroom South2BR,1BA$1.44
Riverwalk Apartments2 BD/2 BA2BR,2BA$1.44
The Place at Rimrock1 Bedroom1BR,1BA$1.36
Bench Apartments1 Bed/1 Bath1BR,1BA$1.84
Highlands Apartments1 Bedroom 1 Bath-Madison1BR,1BA$1.74
Colton Heights Apartments2 Bedroom - Balcony2BR,1BA$1.80
The Place at Lake Elmo1 Bedroom Refreshed1BR,1BA$2.01
The Place at North 24thStudio1BR,1BA$1.84

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Frequently Asked Questions about Downtown Billings

What type of rentals are currently available in Downtown Billings?

There are currently 125 Apartments for Rent in Downtown Billings, MT with pricing that ranges from $600 to $8,698. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Billings ranging from $625 to $2,750.

What is the current price range for Rental Homes in Downtown Billings?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Billings ranges from $625 to $2,750 with an average monthly rent of $1,410.

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.