Cheap Apartments for Rent near Colstrip, MT from $400 (47 Rentals)

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Search the lowest-cost Apartments available for rent right now in Colstrip.

property at 210 Arrowhead Dr

$400

Total Monthly Price

Total Monthly Price

Base Rent
$400
Total Monthly Price
$400

2 Bedroom, 2 Bath Home for Rent

Available Now

210 Arrowhead Dr

Miles CityMT59301

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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property at 1526 Lake Elmo Dr

$1,219 - $1,408

Total Monthly Price

Total Monthly Price

Base Rent
$1,219 - $1,408
Total Monthly Price
$1,219 - $1,408

1 To 2 Bedroom Condos for Rent

Available Aug 5

1526 Lake Elmo Dr

BillingsMT59105

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.

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307 S 28th St
Studio to 2 Bedroom Apartments

307 S 28th St

307 S 28th StBillings, MT 59101
  • Utilities Included
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4 Lewis Ave
Studio to 1 Bedroom Apartments

4 Lewis Ave

4 Lewis AveBillings, MT 59101
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Ridgeview Apartments
Studio to 2 Bedroom Apartments

Ridgeview Apartments

1203 Broadwater AveBillings, MT 59102
  • Utilities Included
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Midway Apartments
1 Bedroom Apartments

Midway Apartments

2020 Alderson AveBillings, MT 59102
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810 Crist Dr
1 Bedroom Apartments

810 Crist Dr

810 Crist DrBillings, MT 59105
  • Utilities Included

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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Central Court Village
1 to 2 Bedroom Apartments

Central Court Village

78 27th St WBillings, MT 59102
Senior Living
  • Utilities Included
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838 Avenue B
1 Bedroom Apartments

838 Avenue B

838 Avenue BBillings, MT 59102
  • Utilities Included
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3 7th St. West
2 Bedroom Apartments

3 7th St. West

3 7th St WBillings, MT 59101
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1410 Lake Elmo Dr
2 Bedroom Apartments

1410 Lake Elmo Dr

1410 Lake Elmo DrBillings, MT 59105
  • Utilities Included
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1433 Wyoming Ave
2 to 3 Bedroom Apartments

1433 Wyoming Ave

1433 Wyoming AveBillings, MT 59102
  • Utilities Included

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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1937 Clubhouse Way
2 Bedroom Apartments

1937 Clubhouse Way

1937 Clubhouse WayBillings, MT 59105
  • Utilities Included
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813 Dreamers Loop
1 Bedroom Apartments

813 Dreamers Loop

839 Dreamers LoopBillings, MT 59105
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Bench Apartments
1 Bedroom Apartments

Bench Apartments

927 Bench BlvdBillings, MT 59105
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Riverwalk Apartments
1 to 2 Bedroom Apartments

Riverwalk Apartments

1094 Lincoln LnBillings, MT 59105
  • Utilities Included

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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Showing Results 1-47, Page 1 of 1

Colstrip, MT Local Guide

Cheapest Available Colstrip Apartments for Rent and Nearby

 

The cheapest available apartment rental in Colstrip, 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 Colstrip apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Place at North 24thStudio1BR,1BA$595
The Place at Lake Elmo1 Bedroom1BR,1BA$800
1141 28th St1 Beds1BR,1BA$850
The Place at Rimrock1 Bedroom1BR,1BA$850
Rockvue Lofts2 bed 1 bath2BR,1BA$865
Colton Heights Apartments2 Bedroom - Small2BR,1BA$1,150
Samuel Court1BR/1BA1BR,1BA$1,150
Jasmine Circle Apartments1 Bed/1 Bath1BR,1BA$1,175
Olympic Village ApartmentsA11BR,1BA$1,262
Grand Slam Patio Home ApartmentsSingle level 1 bed/1 bath1BR,1BA$1,275

Best Value Apartments for Rent in Colstrip, MT and Nearby

As of July 25, 2026 the best value apartment in the Colstrip area is the $1.59 price per square foot Unit E - Three Bedrooms Model at Shiloh Commons in the in the West Central Billings neighborhood starting from $2,290. The second greatest value Colstrip apartment is the Three Bedroom Model at Inter Pointe starting at $1,925 with a $1.52 price per square foot in the West Central Billings neighborhood. Here is today’s list of the best values for Colstrip apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Shiloh CommonsUnit E - Three Bedrooms3BR,2BA$1.59
Inter PointeThree Bedroom3BR,2BA$1.52
Lordwith ApartmentsRenovated 2 Bedroom 1 Bath2BR,1BA$1.37
Rocky Meadows ApartmentsB12BR,2BA$1.48
Rimrock West ApartmentsB12BR,1.5BA$1.40
Olympic Village ApartmentsA11BR,1BA$1.46
Highlands Apartments2 Bed | 1 Bath2BR,1BA$1.54
Rockvue Lofts2 bed 1 bath2BR,1BA$1.12
1141 28th St2 Beds2BR,1BA$1.44
The Place at Rimrock1 Bedroom1BR,1BA$1.30

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

Explore Colstrip, MT Rentals by Map

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Frequently Asked Questions about Cheap Colstrip Apartments

How much is rent for a Cheap One Bedroom Colstrip Apartment?

The lowest price for a Cheap One Bedroom Colstrip Apartment is $595 at The Place at North 24th.

What is the lowest price for a Cheap Two Bedroom Colstrip Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Colstrip is starting from $865 at Rockvue Lofts.

What is the most affordable Colstrip Three Bedroom Apartment?

The best deal on a cheap Colstrip Three Bedroom Apartment rental is at The Place at Rimrock and starts from $1,195.

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 Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.