Cheap Homes for Rent in Billings, MT from $800 (26 Rentals)

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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.

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.

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Billings, MT Local Guide

Cheapest Neighborhoods for Apartments in Billings, MT

Pricing Updated: 01/26/2026

Current apartment rentals in the Billings, MT area range in price from $600 to $8,631 with an overall median price of $1,767. The three Billings neighborhoods with the lowest median rent pricing are East Heights at $695, South Side Billings at $600, and North Side Billings at $600. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Billings Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
East Heights$1,510$69518
South Side Billings$1,547$60040
North Side Billings$1,695$60034
Downtown Billings$1,717$60070
East Central Billings$1,746$69559
North Central Billings$1,755$79553
West Central Billings$2,401$1,149157

Cheapest Available Billings Apartments for Rent

 

The cheapest available apartment rental in Billings, MT is a 2 Beds unit found at Ridgeview Apartments in the North Central Billings neighborhood priced from $795. 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 $850. Here is today’s list of the most affordable Billings apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ridgeview ApartmentsStudio2BR,1BA$795
The Place at Lake Elmo1 Bedroom1BR,1BA$850
Rockvue LoftsSmall StudioStudio,1BA$865
The Place at North 24th1 Bedroom1BR,1BA$895
Eastwood Apartments2 Bed/1 Bath2BR,1BA$895
The Place at Rimrock1 Bedroom1BR,1BA$900
Pinehurst Apartments1 Bed 1 Bath1BR,1BA$925
3 7th St. West2 Bed/1 Bath2BR,1BA$950
Inter PointeStudioStudio,1BA$1,050

Best Value Apartments for Rent in Billings, MT

As of January 26, 2026 the best value apartment in the Billings area is the $1.35 price per square foot Wild Rose Model at Farmstead Townhomes in the in the West Central Billings neighborhood starting from $2,595. 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.
Farmstead TownhomesWild Rose3BR,2BA$1.35
Lordwith ApartmentsRenovated 2 Bedroom 1 Bath2BR,1BA$1.27
984 N 18th St, Unit 984984 N 18th St2BR,1BA$1.20
2107 Clubhouse Way, Unit #32107 Clubhouse Way2BR,1BA$1.15
Rimrock West ApartmentsB12BR,1.5BA$1.40
3 7th St. West2 Bed/1 Bath2BR,1BA$1.03
Olympic Village ApartmentsB1R2BR,1BA$1.43
Ridgeview Apartments1 Bed/1 Bath1BR,1BA$1.06
Eastwood Apartments2 Bed/1 Bath2BR,1BA$1.19
Pinehurst Apartments1 Bed 1 Bath1BR,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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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

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.

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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 207 Apartments for Rent in Billings, MT with pricing that ranges from $600 to $8,631. There are also 106 Single Family Homes for rent, Condos, and Townhome rentals currently available in Billings ranging from $875 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 $875 to $3,995 with an average monthly rent of $1,837.

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 $7,586, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $2,875. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $1,250.

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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.