
Cheap Homes for Rent in Billings, MT from $900 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Billings.


2004 10th Ave N

925 N 24th St

743 Wyoming Ave

337 Aristocrat Dr
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.

10 Miners Pl

1303 Lake Elmo Dr

130 Broadwater Ave

1327 Panners Pl

1526 Lake Elmo Dr
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.

297 Monroe St

310 Moccasin Trail, Unit 310

3017 4th Ave S

776 Moccasin Trail

1522 18th St W
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.

1924 Clubhouse Way, Unit 2
Billings, MT Local Guide

How much does it cost to rent a home in Billings?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Billings 2 Bedroom Homes for Rent | $1,664 | $1,095 | $2,600 |
| Billings 3 Bedroom Homes for Rent | $2,048 | $1,395 | $3,995 |
| Billings 4 Bedroom Homes for Rent | $2,192 | $1,295 | $3,500 |
| Billings 5 Bedroom Homes for Rent | $2,647 | $2,300 | $2,995 |
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Billings, MT Local Guide
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Cheapest Neighborhoods for Apartments in Billings, MT
Pricing Updated: 07/29/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| North Side Billings | $1,350 | $495 | 19 |
| South Side Billings | $1,350 | $495 | 20 |
| East Central Billings | $1,750 | $795 | 28 |
| North Central Billings | $1,872 | $795 | 28 |
| West Central Billings | $2,275 | $850 | 68 |
| Downtown Billings | $2,300 | $495 | 41 |
| East Heights | $2,300 | $695 | 19 |
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 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 |
| 1141 28th St | 1 Beds | 1BR,1BA | $850 |
| Rockvue Lofts | 2 bed 1 bath | 2BR,1BA | $865 |
| The Place at Rimrock | 1 Bedroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1229 Hawthorne Ln, Unit 1229 | 1229 Hawthorne Ln | 4BR,2BA | $1.05 |
| Lordwith Apartments | Renovated 2 Bedroom 1 Bath | 2BR,1BA | $1.37 |
| Brush Meadows | Three Bedroom Two Bathroom | 3BR,2BA | $1.13 |
| Rimrock West Apartments | B1 | 2BR,1.5BA | $1.42 |
| 2316 Alderson Ave, Unit #3 | 2316 Alderson Ave | 2BR,1BA | $1.01 |
| Olympic Village Apartments | B2 | 2BR,1BA | $1.40 |
| 1542 Governors Blvd, Unit #3 | 1542 Governors Blvd | 2BR,1BA | $1.09 |
| 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.
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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Best Local Schools in Billings, MT
Central Heights School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Billings, MT
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

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.

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.

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.