3018 First Ave N
BillingsMT59101
Cheap Homes for Rent in the Downtown Billings Neighborhood of Billings, MT from $795 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Billings area of Billings.
2004 10th Ave N
BillingsMT59101
310 S 31st St
BillingsMT59101
527 Saint Johns Ave, Unit 527 Back house
527 Saint Johns Ave
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.
1111 Cook Ave
BillingsMT59102
311 Miles Ave
BillingsMT59101
811 N 24th St
BillingsMT59101
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.
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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 | $1,478 | $1,000 | $2,600 |
| Downtown Billings 3 Bedroom Homes for Rent | $1,923 | $1,350 | $2,350 |
| Downtown Billings 4 Bedroom Homes for Rent | $2,214 | $1,295 | $3,000 |
| Downtown Billings 5 Bedroom Homes for Rent | $2,325 | $2,300 | $2,350 |
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 8 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 $725. Rockvue Lofts has the second lowest priced unit, which is a 2 Beds apartment currently listed from $825. 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 | $725 |
| Rockvue Lofts | Small Studio | 2BR,1BA | $825 |
| 201 South 26th Street | 0BR/1.0BA | Studio,1BA | $850 |
Best Value Apartments for Rent in Downtown Billings, MT
As of September 13, 2026 the best value apartment in the Downtown Billings area is the $1.80 price per square foot Shiloh Model at Avenue C Apartments in the in the West Central Billings neighborhood starting from $1,941. The second greatest value Downtown Billings apartment is the B1 Model at Rocky Meadows Apartments starting at $1,505 with a $1.45 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Avenue C Apartments | Shiloh | 2BR,2BA | $1.80 |
| Rocky Meadows Apartments | B1 | 2BR,2BA | $1.45 |
| Rimrock West Apartments | B1 | 2BR,1.5BA | $1.46 |
| Old Town Flats | The Rex - 1 Bed / 1 Bath | 1BR,1BA | $1.77 |
| 608 Clark Ave, Unit 608.5 | 608 Clark Ave | 1BR,1BA | $1.08 |
| 1433 Wyoming Ave | 2 Bed/1.5 Bath | 2BR,1.5BA | $1.56 |
| Highlands Apartments | 1 Bed | 1 Bath | 1BR,1BA | $1.84 |
| The Place at Rimrock | 1 Bedroom | 1BR,1BA | $1.41 |
| Colton Heights Apartments | 2 Bedroom | 2BR,1BA | $1.81 |
| 201 South 26th Street | 0BR/1.0BA | Studio ,1BA | $1.79 |
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.
Read Article
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.
Read ArticleReal 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
4.0Pet Friendly
Best Local Schools in Downtown Billings, Billings, MT
Lewis & Clark Middle School
Billings Elementary School District
Public School - Grades 6-8 (741)
3 out of 10
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 152 Apartments for Rent in Downtown Billings, MT with pricing that ranges from $625 to $2,300. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Billings ranging from $795 to $3,000.
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 $795 to $3,000 with an average monthly rent of $1,656.
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
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.