Cheap Apartments for Rent in Hot Springs, MT from $700 (17 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.

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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.

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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.

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Union Place
2 to 3 Bedroom Apartments

Union Place

2500 Great Northern AveMissoula, MT 59808
property at 1 Kootenai Ave

$1,200 - $1,250

1 To 2 Bedroom Rentals

Available Now

1 Kootenai Ave

PolsonMT59860

Hot Springs, MT Local Guide

Cheapest Available Hot Springs Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hot Springs, MT is a Studio unit found at 227 W Montana St priced from $975. North Russell Apartments in the Westside neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here is today’s list of the most affordable Hot Springs apartments for rent:

Apartment ListingModel NameBed/BathPriced From
227 W Montana StStudioStudio,1BA$975
North Russell ApartmentsStudio, 1 bathStudio,1BA$1,000
Great Northern, a great location!1BR/1.0BA1BR,1BA$1,095
Kiwanis Park Apartments1BR/1.0BA1BR,1BA$1,095
Copper Run at ReserveBighornStudio,1BA$1,103

Best Value Apartments for Rent in Hot Springs, MT and Nearby

As of December 24, 2025 the best value apartment in the Hot Springs area is the $1.65 price per square foot 1x1.5+den Model at Mountainwood Estates in the in the University District neighborhood starting from $2,350. The second greatest value Hot Springs apartment is the Sentinel Model at Mullan Reserve Apartments starting at $2,305 with a $1.81 price per square foot in the Westside neighborhood. Here is today’s list of the best values for Hot Springs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mountainwood Estates1x1.5+den1BR,1.5BA$1.65
Mullan Reserve ApartmentsSentinel3BR,2BA$1.81
1901 La Brant RdApt #12BR,1BA$1.86
Silver Leaf ApartmentsTwo Bedroom Two Bath2BR,2BA$1.18
166-218 Jewel Basin Court2 Beds, 2 baths2BR,2BA$1.65
101 1st Ave2bd 1ba2BR,1BA$1.26
Riverbend Apartments2BR/1.0BA2BR,1BA$1.55
Missoula Lofts1x11BR,1BA$1.79
Grove Apartments1BR/1.0BA1BR,1BA$1.73
North Russell ApartmentsStudio, 1 bathStudio ,1BA$1.82

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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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 Cheap Hot Springs Apartments

What is the Cheapest Studio apartment in Hot Springs?

Currently the most affordable Cheap Studio Apartment in Hot Springs is at 227 W Montana St listed at $975.

How much is rent for a Cheap One Bedroom Hot Springs Apartment?

The lowest price for a Cheap One Bedroom Hot Springs Apartment is $1,095 at Great Northern, a great location!.

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

Today's best deal for a Cheap Two Bedroom Apartment in Hot Springs is starting from $1,200 at Silver Leaf Apartments.

What is the most affordable Hot Springs Three Bedroom Apartment?

The best deal on a cheap Hot Springs Three Bedroom Apartment rental is at Grand Central and starts from $1,850.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!