4130 Arden Ave
BillingsMT59101
Cheap Homes for Rent in the Downtown Billings Neighborhood of Billings, MT from $700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Billings area of Billings.
2004 10th Ave N
BillingsMT59101
925 N 24th St
BillingsMT59101
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
743 Wyoming Ave
BillingsMT59101
1303 Lake Elmo Dr
BillingsMT59105
130 Broadwater Ave
BillingsMT59101
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Showing Results 1-6, Page 1 of 1
Downtown Billings, Billings, MT Local Guide
How much does it cost to rent a home in Downtown Billings?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Billings 2 Bedroom Homes for Rent | $1,562 | $1,095 | $2,600 |
| Downtown Billings 3 Bedroom Homes for Rent | $1,958 | $1,395 | $3,995 |
| Downtown Billings 4 Bedroom Homes for Rent | $2,154 | $1,295 | $3,500 |
| Downtown Billings 5 Bedroom Homes for Rent | $2,647 | $2,300 | $2,995 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Downtown Billings Neighborhood of Billings, MT.
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Downtown Billings, Billings, MT Local Guide
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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 $595. The Place at Lake Elmo has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. 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 | $595 |
| The Place at Lake Elmo | 1 Bedroom | 1BR,1BA | $800 |
| Rockvue Lofts | 2 bed 1 bath | 2BR,1BA | $865 |
Best Value Apartments for Rent in Downtown Billings, MT
As of July 29, 2026 the best value apartment in the Downtown Billings area is the $1.05 price per square foot 1229 Hawthorne Ln Model at 1229 Hawthorne Ln, Unit 1229 in the in the East Heights neighborhood starting from $2,300. The second greatest value Downtown Billings apartment is the Three Bedroom Two Bathroom Model at Brush Meadows starting at $1,195 with a $1.13 price per square foot in the East Heights 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. |
|---|---|---|---|
| 1229 Hawthorne Ln, Unit 1229 | 1229 Hawthorne Ln | 4BR,2BA | $1.05 |
| Brush Meadows | Three Bedroom Two Bathroom | 3BR,2BA | $1.13 |
| Lordwith Apartments | Renovated 2 Bedroom 1 Bath | 2BR,1BA | $1.37 |
| Rocky Meadows Apartments | B1 | 2BR,2BA | $1.48 |
| Rimrock West Apartments | B1 | 2BR,1.5BA | $1.42 |
| 2316 Alderson Ave, Unit #3 | 2316 Alderson Ave | 2BR,1BA | $1.01 |
| Highlands Apartments | 2 Bed | 1 Bath | 2BR,1BA | $1.54 |
| Rockvue Lofts | 2 bed 1 bath | 2BR,1BA | $1.12 |
| The Place at Rimrock | 1 Bedroom | 1BR,1BA | $1.36 |
| 711 Avenue B | 711 Avenue B | 1BR,1BA | $1.42 |
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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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
3.5Pet Friendly
Best Local Schools in Downtown Billings, Billings, MT
School data provided by Great Schools
Frequently Asked Questions about Downtown Billings
What type of rentals are currently available in Downtown Billings?
There are currently 135 Apartments for Rent in Downtown Billings, MT with pricing that ranges from $495 to $2,300. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Billings ranging from $965 to $3,995.
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 $965 to $3,995 with an average monthly rent of $1,931.
How much are larger Three and Four Bedroom Rentals in Downtown Billings?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Billings range from $1,250 to $1,930, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $3,995. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $2,300.
Expert Rental Resources
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.