1204 Avenue E
BillingsMT59102
Cheap Homes for Rent in Billings, MT from $800 (20 Rentals)
Search the lowest-cost Homes available for rent right now in Billings.
2614 Highwood Dr, Unit North, Unit North
2614 Highwood Dr
BillingsMT59102
1715 3rd St W
BillingsMT59101
1032 Lake Elmo Dr
BillingsMT59105
3537 Miles Ave
BillingsMT59102
1526 Lake Elmo Dr
BillingsMT59105
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
10 Miners Pl
BillingsMT59105
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$1,2002 Bedroom Apartments Available Now
640 Lake Elmo Dr, Unit 1
640 Lake Elmo DrBillings, MT 59105
613 S 34th St
BillingsMT59101
1412 Cheryl St
BillingsMT59105
629 Riverside Rd
BillingsMT59101
324 S 26th St
BillingsMT59101
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.
2119 8th Ave N
BillingsMT59101
6041 Elysian Rd
BillingsMT59101
712 Oakmont Rd
BillingsMT59105
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$1,3502 Bedroom Apartments Available Now
310 3rd St W, Unit 201
310 3rd St WBillings, MT 59101
215 1/2 Jackson St
BillingsMT59101
712 Oakmont Rd, Unit 4, Unit 4
712 Oakmont Rd
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.
2607 Glenwood Ln
BillingsMT59102
3322 Stoney Ridge Rd
BillingsMT59106
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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 | $1,598 | $1,095 | $2,800 |
| Billings 3 Bedroom Homes for Rent | $2,177 | $1,295 | $3,300 |
| Billings 4 Bedroom Homes for Rent | $2,551 | $1,775 | $3,500 |
| Billings 5 Bedroom Homes for Rent | $2,931 | $2,495 | $3,300 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Billings
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Billings, MT Local Guide
- Billings Neighborhoods
- Nearby Cities
- ZIP codes
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Cheapest Neighborhoods for Apartments in Billings, MT
Pricing Updated: 04/27/2026Current apartment rentals in the Billings, MT area range in price from $495 to $4,774 with an overall median price of $1,806. The three Billings neighborhoods with the lowest median rent pricing are North Side Billings at $495, Downtown Billings at $495, and South Side Billings at $495. 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 | $1,445 | $495 | 24 |
| Downtown Billings | $1,695 | $495 | 44 |
| South Side Billings | $1,695 | $495 | 29 |
| East Heights | $1,795 | $695 | 14 |
| East Central Billings | $1,870 | $695 | 48 |
| North Central Billings | $1,870 | $850 | 45 |
| West Central Billings | $2,275 | $850 | 116 |
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 Rimrock in the North Side Billings neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. 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 Rimrock | 1 Bedroom | 1BR,1BA | $795 |
| The Place at Lake Elmo | 1 Bedroom | 1BR,1BA | $800 |
| Rockvue Lofts | Small Studio | Studio,1BA | $850 |
| 1141 28th St | 1 Beds | 1BR,1BA | $850 |
Best Value Apartments for Rent in Billings, MT
As of April 27, 2026 the best value apartment in the Billings area is the $1.26 price per square foot Elk Horn Model at Farmstead Townhomes in the in the West Central Billings neighborhood starting from $3,095. The second greatest value Billings apartment is the 2 Bed/1.75 Bath Model at Brookshire Village Apartments starting at $1,445 with a $1.28 price per square foot in the West Central 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. |
|---|---|---|---|
| Farmstead Townhomes | Elk Horn | 3BR,2.5BA | $1.26 |
| Brookshire Village Apartments | 2 Bed/1.75 Bath | 2BR,2BA | $1.28 |
| Harvest Granger Apartments | Large Townhome - 2 Bedroom / 1 Bath | 2BR,1BA | $1.33 |
| Lordwith Apartments | Renovated 2 Bedroom 1 Bath | 2BR,1BA | $1.27 |
| 1584 Governors Blvd, Unit #6 | 1584 Governors Blvd | 2BR,1BA | $1.00 |
| 1200 Avenue C, Unit B | 1200 Avenue C | 2BR,1BA | $1.20 |
| 1221 Yellowstone Ave, Unit #A | 1221 Yellowstone Ave | 2BR,1BA | $1.08 |
| 2316 Alderson Ave, Unit #3 | 2316 Alderson Ave | 2BR,1BA | $1.09 |
| 1937 Clubhouse Way | 2 Bed/1 Bath | 2BR,1BA | $1.30 |
| The Place at Rimrock | 1 Bedroom | 1BR,1BA | $1.21 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleThe 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.
Read ArticleCash 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.
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.
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Best Local Schools in Billings, MT
Central Heights School
Billings Elementary School District
Public School - Grades PK-5 (291)
9 out of 10
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 203 Apartments for Rent in Billings, MT with pricing that ranges from $495 to $4,774. There are also 65 Single Family Homes for rent, Condos, and Townhome rentals currently available in Billings ranging from $800 to $3,500.
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 $800 to $3,500 with an average monthly rent of $2,114.
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 $3,818, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $3,300. Four Bedroom Single-Family rentals are also available starting from $1,775 and Four Bedroom Apartments start at $1,695.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.
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.