Cheap Homes for Rent in Billings, MT from $900 (16 Rentals)

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Search the lowest-cost Homes available for rent right now in Billings.

property at 743 Wyoming Ave

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom, 2 Bath Townhome for Rent

Available Now

743 Wyoming 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.

property at 1526 Lake Elmo Dr

$1,219 - $1,408

Total Monthly Price

Total Monthly Price

Base Rent
$1,219 - $1,408

Total Monthly Price
$1,219 - $1,408

1 To 2 Bedroom Condos for Rent

Available Aug 5

1526 Lake Elmo Dr

BillingsMT59105

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.

property at 1522 18th St W

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

1522 18th St W

BillingsMT59102

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Billings, MT Local Guide

Cheapest Neighborhoods for Apartments in Billings, MT

Pricing Updated: 07/29/2026

Current apartment rentals in the Billings, MT area range in price from $495 to $3,095 with an overall median price of $1,885. The three Billings neighborhoods with the lowest median rent pricing are North Side Billings at $495, South Side Billings at $495, and East Central Billings at $795. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Billings Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
North Side Billings$1,350$49519
South Side Billings$1,350$49520
East Central Billings$1,750$79528
North Central Billings$1,875$79528
West Central Billings$2,275$85068
Downtown Billings$2,300$49541
East Heights$2,300$69518

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 $595. The Place at Lake Elmo in the East Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Billings apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Place at North 24thStudio1BR,1BA$595
The Place at Lake Elmo1 Bedroom1BR,1BA$800
1141 28th St1 Beds1BR,1BA$850
Rockvue Lofts2 bed 1 bath2BR,1BA$865
The Place at Rimrock1 Bedroom1BR,1BA$895

Best Value Apartments for Rent in Billings, MT

As of July 29, 2026 the best value apartment in the 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 Billings apartment is the Renovated 2 Bedroom 1 Bath Model at Lordwith Apartments starting at $1,450 with a $1.37 price per square foot in the North Side Billings neighborhood. Here is today’s list of the best values for Billings apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1229 Hawthorne Ln, Unit 12291229 Hawthorne Ln4BR,2BA$1.05
Lordwith ApartmentsRenovated 2 Bedroom 1 Bath2BR,1BA$1.37
Brush MeadowsThree Bedroom Two Bathroom3BR,2BA$1.13
2316 Alderson Ave, Unit #32316 Alderson Ave2BR,1BA$1.01
Olympic Village ApartmentsB22BR,1BA$1.40
1542 Governors Blvd, Unit #31542 Governors Blvd2BR,1BA$1.09
Rockvue Lofts2 bed 1 bath2BR,1BA$1.12
1141 28th St2 Beds2BR,1BA$1.44
The Place at Rimrock1 Bedroom1BR,1BA$1.36
711 Avenue B711 Avenue B1BR,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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Billings

What type of rentals are currently available in Billings?

There are currently 211 Apartments for Rent in Billings, MT with pricing that ranges from $495 to $3,095. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in Billings ranging from $965 to $3,995.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Billings ranges from $965 to $3,995 with an average monthly rent of $1,983.

How much are larger Three and Four Bedroom Rentals in Billings?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Billings range from $1,250 to $3,095, 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

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.