Cheap Homes for Rent in Lame Deer, MT from $400 (9 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Lame Deer.

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

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.

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.

Lame Deer, MT Local Guide

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 ListingModel NameBed/BathPriced From
The Place at North 24thStudio1BR,1BA$595
The Place at Lake Elmo1 Bedroom1BR,1BA$800
The Place at Rimrock1 Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
1041 N 23rd St, Unit 11041 N 23rd St2BR,1BA$1.20
1542 Governors Blvd, Unit #31542 Governors Blvd2BR,1BA$1.09
Highlands Apartments2 Bed | 1 Bath2BR,1BA$1.54
1644 Kelby Dr, Unit #41644 Kelby Dr2BR,1BA$1.15
Castlerock Apartment HomesB12BR,1BA$1.64
Rockvue Lofts2 bed 1 bath2BR,1BA$1.12
The Place at Rimrock1 Bedroom1BR,1BA$1.30
The Place at Lake Elmo1 Bedroom1BR,1BA$1.62
2418 Pine St, Unit #4042418 Pine St1BR,1BA$1.59
The Place at North 24thStudio1BR,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 Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Lame Deer, MT Rentals by Map

View Map
Lame Deer, MT Apartments Map
View Map
Lame Deer, MT Rental Homes Map

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

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.