
Cheap Homes for Rent in Lame Deer, MT from $400 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Lame Deer.


1208 Milwaukee St

617 N 14th St

215 1/2 Jackson St
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.

337 Aristocrat Dr

621 1st Ave

103 Alderson Ave

130 Broadwater Ave
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.

1327 Panners Pl
Lame Deer, MT Local Guide

How much does it cost to rent a home in Lame Deer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lame Deer 2 Bedroom Homes for Rent | $1,452 | $400 | $2,400 |
| Lame Deer 3 Bedroom Homes for Rent | $1,698 | $1,100 | $2,195 |
| Lame Deer 4 Bedroom Homes for Rent | $2,189 | $1,750 | $3,000 |
Browse Top Homes for Rent in Lame Deer
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Lame Deer, MT Local Guide
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Cheapest Available Lame Deer Apartments for Rent and Nearby
 The cheapest available apartment rental in Lame Deer, 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 Lame Deer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Place at North 24th | Studio | 1BR,1BA | $595 |
| The Place at Lake Elmo | 1 Bedroom | 1BR,1BA | $800 |
| The Place at Rimrock | 1 Bedroom | 1BR,1BA | $850 |
Best Value Apartments for Rent in Lame Deer, MT and Nearby
As of June 24, 2026 the best value apartment in the Lame Deer area is the $1.20 price per square foot 1041 N 23rd St Model at 1041 N 23rd St, Unit 1 in the in the North Side Billings neighborhood starting from $1,500. The second greatest value Lame Deer apartment is the 1542 Governors Blvd Model at 1542 Governors Blvd, Unit #3 starting at $995 with a $1.09 price per square foot in the East Heights neighborhood. Here is today’s list of the best values for Lame Deer apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1041 N 23rd St, Unit 1 | 1041 N 23rd St | 2BR,1BA | $1.20 |
| 1542 Governors Blvd, Unit #3 | 1542 Governors Blvd | 2BR,1BA | $1.09 |
| Highlands Apartments | 2 Bed | 1 Bath | 2BR,1BA | $1.54 |
| 1644 Kelby Dr, Unit #4 | 1644 Kelby Dr | 2BR,1BA | $1.15 |
| Castlerock Apartment Homes | B1 | 2BR,1BA | $1.64 |
| Rockvue Lofts | 2 bed 1 bath | 2BR,1BA | $1.12 |
| The Place at Rimrock | 1 Bedroom | 1BR,1BA | $1.30 |
| The Place at Lake Elmo | 1 Bedroom | 1BR,1BA | $1.62 |
| 2418 Pine St, Unit #404 | 2418 Pine St | 1BR,1BA | $1.59 |
| The Place at North 24th | Studio | 1BR,1BA | $1.70 |
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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Lame Deer
What type of rentals are currently available in Lame Deer?
There are currently 47 Apartments for Rent in Lame Deer, MT with pricing that ranges from $495 to $2,500. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lame Deer ranging from $400 to $3,000.
What is the current price range for Rental Homes in Lame Deer?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lame Deer ranges from $400 to $3,000 with an average monthly rent of $1,601.
How much are larger Three and Four Bedroom Rentals in Lame Deer?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lame Deer range from $950 to $2,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,195. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $2,500.
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

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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.