Cheap Apartments for Rent in the University Neighborhood of Bozeman, MT from $850 (78 Rentals)

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Search the lowest-cost Apartments available for rent right now in the University area of Bozeman.

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.

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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.

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The Annex of Bozeman
Rent Specials
$1,695 - $2,835

Total Monthly Price

Base Rent$1,695 - $2,835
Total Monthly Price$1,695 - $2,835
Studio to 3 Bedroom Apartments Available Now

The Annex of Bozeman

1800 s 22nd stBozeman, MT 59718
Affordability
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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.

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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.

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property at 421 N Rouse Ave
$1,800 - $1,950
2 Bedroom Rentals
Available Now
Affordability

421 N Rouse Ave

BozemanMT59715
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801 W Villard St
1 to 2 Bedroom Apartments

801 W Villard St

801 W Villard StBozeman, MT 59715

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.

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University, Bozeman, MT Local Guide

Cheapest Available University Apartments for Rent

 

The cheapest available apartment rental in the University area of Bozeman, MT is a 1 Bed unit found at The Lookout priced from $1,159. boötes has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,180. Here are the most affordable University apartments for rent in Bozeman, MT:

Apartment ListingModel NameBed/BathPriced From
The Lookout1 Bedroom1BR,1BA$1,159
boötes4X4TH4BR,4BA$1,180
Oakwood Apartments2BR/1.0BA2BR,1BA$1,300
Two Bedroom Bozeman Apartment2BR/1.0BA2BR,1BA$1,450
Haggerty Lane2 Beds, 1 bath2BR,1BA$1,481
Cannery FlatsStudio AStudio,1BA$1,625
H & P 11262BR/1.0BA2BR,1BA$1,650
Silver Creek ApartmentsUnit D.31BR,1BA$1,695
The Annex of Bozeman1x1 B1BR,1BA$1,695
One 11 LoftsS3Studio,1BA$1,699

Best Value Apartments for Rent in University, MT

As of September 13, 2026 the best value apartment in the University area is the $1.71 price per square foot 414 W Babcock St, Unit 1 Model at 414 W Babcock St, Unit 1, Unit 1 in the in the Greek Way neighborhood starting from $2,100. The second greatest value University apartment is the 2/2 Leased Model at Spanish Peak Apartments starting at $2,150 with a $2.03 price per square foot in the Greek Way neighborhood. Here is today’s list of the best values for University apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
414 W Babcock St, Unit 1, Unit 1414 W Babcock St, Unit 12BR,1.5BA$1.71
Spanish Peak Apartments2/2 Leased2BR,2BA$2.03
boötes2X22BR,2BA$1.41
H & P 11262BR/1.0BA2BR,1BA$1.65
Nexus PointSkye2BR,1BA$2.12
Bridge Commons2BR/1.0BA2BR,1BA$1.95
The Arrow Townhomes and Flats2BR/2BA - Summit2BR,2BA$1.56
Oakwood Apartments2BR/1.0BA2BR,1BA$1.51
Stadium ViewB12BR,2BA$1.37
Revival ApartmentsRevival on Market2BR,1BA$2.19

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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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Pet Friendly Lifestyle
University, Bozeman, MT

Ranked #6

Among cities in Montana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
University, Bozeman, MT

School data provided by Great Schools

Frequently Asked Questions about Cheap University Apartments

What is a cheap apartment in University?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University is under $1,699.

What is the price of a cheap apartment in University?

The cheapest apartment in University is The Lookout which is listed at $1,159, while the average apartment in University costs $2,250.

What types of apartments are the cheapest in University?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 15 regular apartments in University that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in University?

Cheap apartments in University have an average cost of $673 which is $1,577 cheaper than the average rent for all rentals in University.

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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.