Cheap Homes for Rent in Billings, MT from $800 (24 Rentals)

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

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.

property at 1526 Lake Elmo Dr

$1,134 - $1,408

Total Monthly Price

Total Monthly Price

Base Rent
$1,134 - $1,408

Total Monthly Price
$1,134 - $1,408

1 To 2 Bedroom Condos for Rent

Available Now

1526 Lake Elmo Dr

BillingsMT59105

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.

property at 2310 First Ave N

$1,395 - $2,025

Studio To 2 Bedroom Rentals

Available Now

2310 First Ave N

BillingsMT59101

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.

Billings, MT Local Guide

Cheapest Neighborhoods for Apartments in Billings, MT

Pricing Updated: 03/12/2026

Current apartment rentals in the Billings, MT area range in price from $495 to $6,625 with an overall median price of $1,816. The three Billings neighborhoods with the lowest median rent pricing are North Side Billings at $495, South Side Billings at $495, and Downtown Billings at $495. 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$1,295$49532
South Side Billings$1,295$49532
Downtown Billings$1,650$49556
East Central Billings$1,888$79564
North Central Billings$1,941$79569
West Central Billings$2,250$1,075164
East Heights$2,395$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 Rimrock in the North Side Billings neighborhood priced from $795. Ridgeview Apartments in the North Central Billings neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $795. Here is today’s list of the most affordable Billings apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Place at Rimrock1 Bedroom1BR,1BA$795
Ridgeview ApartmentsStudio2BR,1BA$795
The Place at Lake Elmo1 Bedroom1BR,1BA$800
The Place at North 24th1 Bedroom1BR,1BA$850
Rockvue LoftsSmall StudioStudio,1BA$850

Best Value Apartments for Rent in Billings, MT

As of March 13, 2026 the best value apartment in the Billings area is the $0.86 price per square foot 3825 Avenue C Model at 3825 Avenue C, Unit 3825 in the in the West Central Billings neighborhood starting from $1,895. The second greatest value 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 Billings apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3825 Avenue C, Unit 38253825 Avenue C3BR,2.5BA$0.86
Lordwith ApartmentsRenovated 2 Bedroom 1 Bath2BR,1BA$1.27
The Place at Rimrock3 Bedroom - Refresh3BR,2BA$1.23
3363 Racquet Club Dr, Unit 33633363 Racquet Club Dr2BR,2BA$1.30
2107 Clubhouse Way, Unit #32107 Clubhouse Way2BR,1BA$1.15
2320 Alderson Ave, Unit #72320 Alderson Ave2BR,1.5BA$1.21
1217 Yellowstone Ave, Unit #B1217 Yellowstone Ave2BR,1BA$1.11
2316 Alderson Ave, Unit #32316 Alderson Ave2BR,1BA$1.19
Ridgeview Apartments1 Bed/1 Bath1BR,1BA$1.06
Pinehurst Apartments1 Bed 1 Bath1BR,1BA$1.31

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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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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Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Billings, MT Rentals by Map

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Frequently Asked Questions about Billings

What type of rentals are currently available in Billings?

There are currently 194 Apartments for Rent in Billings, MT with pricing that ranges from $495 to $6,625. There are also 86 Single Family Homes for rent, Condos, and Townhome rentals currently available in Billings ranging from $845 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 $845 to $3,995 with an average monthly rent of $1,924.

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 $1,195 to $6,625, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $3,550. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $2,395.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.