
Cheap Homes for Rent in Lima, MT from $800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Lima.


2 N 3145 E

5084 ID-33

311 E Lorene St

6157 Freedom Rd
Lima, MT Local Guide

How much does it cost to rent a home in Lima?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lima 2 Bedroom Homes for Rent | $1,945 | $1,050 | $3,570 |
Lima 3 Bedroom Homes for Rent | $1,936 | $1,300 | $2,995 |
Lima 4 Bedroom Homes for Rent | $2,361 | $1,995 | $2,895 |
Lima 5 Bedroom Homes for Rent | $2,598 | $2,300 | $2,995 |
Lima 6 Bedroom Homes for Rent | $2,147 | $1,700 | $2,595 |
Browse Top Homes for Rent in Lima
Explore Lima
Lima, MT Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Lima Apartments for Rent and Nearby
 The cheapest available apartment rental in Lima, MT is a 1 Bed unit found at Black Feather Apartments priced from $998. Chicane Apartments at the Riverwalk in the Downtown Idaho Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here is today’s list of the most affordable Lima apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Black Feather Apartments | 1 Bedrom | 1BR,1BA | $998 |
Chicane Apartments at the Riverwalk | 1 Bed 1 Bath | 1BR,1BA | $1,095 |
Eagles Landing | Talon | 1BR,1BA | $1,178 |
Best Value Apartments for Rent in Lima, MT and Nearby
As of September 18, 2025 the best value apartment in the Lima area is the $1.08 price per square foot 3x2.5 Model at Meadowcreek Townhomes in the starting from $1,575. The second greatest value Lima apartment is the 3 Bedroom x 2.5 Bathroom Townhome Model at Orchard Park Townhomes starting at $1,999 with a $1.42 price per square foot . Here is today’s list of the best values for Lima apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Meadowcreek Townhomes | 3x2.5 | 3BR,2.5BA | $1.08 |
Orchard Park Townhomes | 3 Bedroom x 2.5 Bathroom Townhome | 3BR,2.5BA | $1.42 |
SouthBridge Townhomes | 2x2.5 B2 - 2 Car Garage (Marion) | 2BR,2.5BA | $1.38 |
VALO at Olive Plaza | 2x2 TH | 2BR,2BA | $1.37 |
Equinox on Lincoln | Lincoln 2 | 2BR,2.5BA | $1.53 |
Sparrow Hill | 2 bedroom 2 bath | 2BR,2BA | $1.40 |
Teton Oasis Apartments | 2 Bedroom/ 2 Bath | 2BR,2BA | $1.39 |
Manchester United | 1 Bed, 1 bath | 1BR,1BA | $1.55 |
Eagles Landing | Talon 2 | 1BR,1BA | $1.45 |
Chicane Apartments at the Riverwalk | 1 Bed 1 Bath | 1BR,1BA | $1.42 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lima, MT Rentals by Map
See the most popular apartments and homes in Lima, MT
Frequently Asked Questions about Lima
What type of rentals are currently available in Lima?
There are currently 44 Apartments for Rent in Lima, MT with pricing that ranges from $838 to $3,511. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lima ranging from $800 to $3,570.
What is the current price range for Rental Homes in Lima?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lima ranges from $800 to $3,570 with an average monthly rent of $1,989.
How much are larger Three and Four Bedroom Rentals in Lima?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lima range from $1,397 to $2,970, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $1,350.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.