
Cheap Homes for Rent near Hot Springs, MT from $625 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Hot Springs.


3131 Montana Hwy 206

433 8th Ave W

1130 MT-135
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.

178 Rosewood Dr

1069 N Meridian Rd

38534 Masumola Rd

26509 Old Hwy 93
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.
Hot Springs, MT Local Guide

How much does it cost to rent a home in Hot Springs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hot Springs 2 Bedroom Homes for Rent | $1,765 | $1,300 | $2,200 |
| Hot Springs 3 Bedroom Homes for Rent | $2,513 | $1,800 | $3,600 |
| Hot Springs 4 Bedroom Homes for Rent | $1,831 | $850 | $2,950 |
| Hot Springs 5 Bedroom Homes for Rent | $5,995 | $5,995 | $5,995 |
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Hot Springs, MT Local Guide
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Cheapest Available Hot Springs Apartments for Rent and Nearby
 The cheapest available apartment rental in Hot Springs, MT is a Studio unit found at North Russell Apartments in the Westside neighborhood priced from $1,100. McNett Flats in the Grant Creek neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable Hot Springs apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| North Russell Apartments | Studio, 1 bath | Studio,1BA | $1,100 |
| McNett Flats | M1bd | 1BR,1BA | $1,100 |
| Great Northern Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $1,245 |
Best Value Apartments for Rent in Hot Springs, MT and Nearby
As of August 23, 2026 the best value apartment in the Hot Springs area is the $1.78 price per square foot Liberty A Model at Liberty Estates in the starting from $2,295. The second greatest value Hot Springs apartment is the 3 Bedroom Model at Mountain Apartments and Mountain Senior starting at $1,290 with a $1.12 price per square foot . Here is today’s list of the best values for Hot Springs apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Liberty Estates | Liberty A | 3BR,2.5BA | $1.78 |
| Mountain Apartments and Mountain Senior | 3 Bedroom | 3BR,1.5BA | $1.12 |
| Grant Creek Village Apartments | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $1.87 |
| 166-218 Jewel Basin Court | 2 BR 2 BA | 2BR,2BA | $1.65 |
| Silverbrook Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.92 |
| The Vantage 2370 Clark Fork Ln | M2BD2BR | 2BR,2BA | $1.77 |
| ROAM Student Living | The Seeley | 4BR,2BA | $0.83 |
| Riverbend Apartments | 2BR/1.0BA | 2BR,1BA | $1.57 |
| Copper Run at Reserve | Cottonwood Large | 2BR,1BA | $1.97 |
| McNett Flats | M1bd | 1BR,1BA | $1.52 |
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 ArticleReal 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.
Best Local Schools in Hot Springs, MT
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Frequently Asked Questions about Hot Springs
What type of rentals are currently available in Hot Springs?
There are currently 42 Apartments for Rent in Hot Springs, MT with pricing that ranges from $725 to $3,016. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hot Springs ranging from $625 to $5,995.
What is the current price range for Rental Homes in Hot Springs?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hot Springs ranges from $625 to $5,995 with an average monthly rent of $2,146.
How much are larger Three and Four Bedroom Rentals in Hot Springs?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Hot Springs range from $1,290 to $3,016, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $3,600. Four Bedroom Single-Family rentals are also available starting from $850 and Four Bedroom Apartments start at $785.
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

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.

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.

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.

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.