Cheap Apartments for Rent in Laurel, MT from $400 (45 Rentals)

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

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 743 Wyoming Ave

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095
Total Monthly Price
$1,095

2 Bedroom, 2 Bath Townhome for Rent

Available Now

743 Wyoming Ave

BillingsMT59101
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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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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property at 1522 18th St W

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

1522 18th St W

BillingsMT59102
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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

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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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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1433 Wyoming Ave
2 to 3 Bedroom Apartments

1433 Wyoming Ave

1433 Wyoming AveBillings, MT 59102
  • 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 1-45, Page 1 of 1

Laurel, MT Local Guide

Cheapest Available Laurel Apartments for Rent and Nearby

 

The cheapest available apartment rental in Laurel, MT is a 1 Bed unit found at The Place at North 24th in the North Side Billings neighborhood priced from $595. 1141 28th St in the West Central Billings neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Laurel apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Place at North 24thStudio1BR,1BA$595
1141 28th St1 Beds1BR,1BA$850
Rockvue Lofts2 bed 1 bath2BR,1BA$865
Hoop DreamsUpstairs unit1BR,1BA$1,075
Western OneUpstairs unit1BR,1BA$1,125
Colton Heights Apartments2 Bedroom - Small2BR,1BA$1,150
Grand Slam Patio Home ApartmentsSingle level 1 bed/1 bath1BR,1BA$1,275
Frontier ApartmentsSingle level patio home wt attached garage1BR,1BA$1,295
Granite Peak2 Bed | 1 Bath | B2BR,1BA$1,295
Olympic Village ApartmentsB22BR,1BA$1,310

Best Value Apartments for Rent in Laurel, MT and Nearby

As of July 28, 2026 the best value apartment in the Laurel 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 Laurel apartment is the Tri-Level 2 X 2.5 Townhome Model at The Amber Townhomes 1 starting at $2,349 with a $1.64 price per square foot in the West Central Billings neighborhood. Here is today’s list of the best values for Laurel apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Shiloh CommonsUnit E - Three Bedrooms3BR,2BA$1.59
The Amber Townhomes 1Tri-Level 2 X 2.5 Townhome2BR,2.5BA$1.64
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$1.42
Olympic Village ApartmentsB22BR,1BA$1.40
Highlands Apartments2 Bed | 1 Bath2BR,1BA$1.54
Rockvue Lofts2 bed 1 bath2BR,1BA$1.12
1141 28th St2 Beds2BR,1BA$1.44

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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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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Laurel, MT

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

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Frequently Asked Questions about Cheap Laurel Apartments

What is the Cheapest Studio apartment in Laurel?

Currently the most affordable Cheap Studio Apartment in Laurel is at Farmstead Apartments listed at $1,395.

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

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

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

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

What is the most affordable Laurel Three Bedroom Apartment?

The best deal on a cheap Laurel Three Bedroom Apartment rental is at Inter Pointe and starts from $1,925.

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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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.

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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.