Cheap Apartments for Rent in Libby, MT from $400 (31 Rentals)

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

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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property at 501 E Lincoln Blvd

$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

501 E Lincoln Blvd

LibbyMT59923

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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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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227 W Montana St
Studio Apartments

227 W Montana St

227 W Montana StKalispell, MT 59901
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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The Mill
Studio to 2 Bedroom Apartments

The Mill

1705 N Government WayCoeur d'Alene, ID 83814
  • Utilities Included
Showing Results 1-31, Page 1 of 1

Libby, MT Local Guide

Cheapest Available Libby Apartments for Rent and Nearby

 

The cheapest available apartment rental in Libby, MT is a 6 Beds unit found at 9725 N Gleason Rd priced from $700. 2585 Lilly Dr in the Downtown CDA neighborhood has the second lowest priced unit, which is a 6 Beds apartment currently listed from $950. Here is today’s list of the most affordable Libby apartments for rent:

Apartment ListingModel NameBed/BathPriced From
9725 N Gleason RdRent by Room6BR,4BA$700
2585 Lilly DrRent by Room6BR,3BA$950
Silver Leaf ApartmentsOne Bedroom One Bath1BR,1BA$975
Cedar Wood Estates I & II1 Bedroom1BR,1BA$1,040
Ponderay LodgeTwo Bedroom2BR,2BA$1,295
The Landmark1BR/1.0BA1BR,1BA$1,395
Silverado ApartmentsTwo Bedroom/Two Bath 1080 sf2BR,2BA$1,400
Parkline Towers1 Bedroom1BR,1BA$1,450
The MillWallace2BR,1BA$1,525
Rockwood Lodge1 Bedroom 1 Bathroom1BR,1BA$1,550

Best Value Apartments for Rent in Libby, MT and Nearby

As of June 10, 2026 the best value apartment in the Libby area is the $0.19 price per square foot Rent by Room Model at 9725 N Gleason Rd in the starting from $700. The second greatest value Libby apartment is the Rent by Room Model at 2585 Lilly Dr starting at $950 with a $0.30 price per square foot in the Downtown CDA neighborhood. Here is today’s list of the best values for Libby apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
9725 N Gleason RdRent by Room6BR,4BA$0.19
2585 Lilly DrRent by Room6BR,3BA$0.30
Birkdale Commons3 Bed 2.5 Bath3BR,2.5BA$1.56
Avery Estates Townhomes2 Bedroom 2.5 Bath Townhome2BR,2.5BA$1.46
Ponderay LodgeThree Bedroom3BR,2BA$1.31
Heritage Villas2x2 Aspen2BR,2BA$1.44
The Residence at Corbin Crossing2x2.12BR,2BA$1.50
Silverado ApartmentsTwo Bedroom/Two Bath 1080 sf2BR,2BA$1.30
Silver Leaf ApartmentsOne Bedroom One Bath1BR,1BA$1.30
Cedar Wood Estates I & II1 Bedroom1BR,1BA$1.58

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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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.

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Pet Friendly Lifestyle

Ranked #

Among cities in Montana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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Best Local Schools in
Libby, MT

School data provided by Great Schools

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

Explore Libby, MT Rentals by Map

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Frequently Asked Questions about Cheap Libby Apartments

What is the Cheapest Studio apartment in Libby?

Currently the most affordable Cheap Studio Apartment in Libby is at Bestland Independent Living listed at $1,995.

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

The lowest price for a Cheap One Bedroom Libby Apartment is $975 at Silver Leaf Apartments.

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

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

What is the most affordable Libby Three Bedroom Apartment?

The best deal on a cheap Libby Three Bedroom Apartment rental is at Ponderay Lodge and starts from $1,595.

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 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.

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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.

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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.