Cheap Apartments for Rent in Lockwood, MT from $600 (43 Rentals)

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

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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307 S 28th St
1 Bedroom Apartments

307 S 28th St

307 S 28th StBillings, MT 59101
  • Utilities Included
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4 Lewis Ave
Studio Apartments

4 Lewis Ave

4 Lewis AveBillings, MT 59101
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838 Avenue B
1 Bedroom Apartments

838 Avenue B

838 Avenue BBillings, MT 59102
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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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1410 Lake Elmo Dr
2 Bedroom Apartments

1410 Lake Elmo Dr

1410 Lake Elmo DrBillings, MT 59105
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Central Court Village
1 Bedroom Apartments

Central Court Village

78 27th St WBillings, MT 59102
Senior Living
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813 Dreamers Loop
1 Bedroom Apartments

813 Dreamers Loop

839 Dreamers LoopBillings, MT 59105
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Samuel Court
1 Bedroom Apartments

Samuel Court

601 Samuel CtBillings, MT 59105

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Bench Apartments
1 Bedroom Apartments

Bench Apartments

927 Bench BlvdBillings, MT 59105
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Lockwood, MT Local Guide

Cheapest Available Lockwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lockwood, MT is a 1 Bed unit found at 307 S 28th St in the North Side Billings neighborhood priced from $695. The Place at North 24th in the North Side Billings neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Lockwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
307 S 28th St1 Bed/1 Bath1BR,1BA$695
The Place at North 24th1 Bedroom1BR,1BA$775
Ridgeview ApartmentsStudio2BR,1BA$795
Rockvue LoftsSmall StudioStudio,1BA$850
The Place at Rimrock1 Bedroom1BR,1BA$900
810 Crist Dr1 Bed/1 Bath1BR,1BA$975
1433 Wyoming Ave2 Bed/1.5 Bath2BR,1BA$995
The Place at Lake Elmo1 Bedroom Refreshed1BR,1BA$995
Eastwood Apartments2 Bed/1 Bath2BR,1BA$1,025
Central Court Village1 Bedroom | 1 Bath1BR,1BA$1,108

Best Value Apartments for Rent in Lockwood, MT and Nearby

As of July 25, 2025 the best value apartment in the Lockwood area is the $1.64 price per square foot Tri-Level 2 X 2.5 Townhome Model at The Amber Townhomes 1 in the in the West Central Billings neighborhood starting from $2,349. The second greatest value Lockwood apartment is the Two Bedroom Model at Inter Pointe starting at $1,600 with a $1.55 price per square foot in the West Central Billings neighborhood. Here is today’s list of the best values for Lockwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Amber Townhomes 1Tri-Level 2 X 2.5 Townhome2BR,2BA$1.64
Inter PointeTwo Bedroom2BR,2BA$1.55
Rimrock West ApartmentsB12BR,1.5BA$1.42
Olympic Village ApartmentsB12BR,1BA$1.42
1433 Wyoming Ave2 Bed/1.5 Bath2BR,1.5BA$1.24
Castlerock Apartment HomesB12BR,1BA$1.63
Ridgeview Apartments1 Bed/1 Bath1BR,1BA$1.06
Eastwood Apartments2 Bed/1 Bath2BR,1BA$1.37
The Place at Rimrock1 Bedroom1BR,1BA$1.37
The Place at North 24th1 Bedroom1BR,1BA$1.49

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

Explore Lockwood, MT Rentals by Map

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See the most popular apartments and homes in Lockwood, MT

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Frequently Asked Questions about Cheap Lockwood Apartments

What is the Cheapest Studio apartment in Lockwood?

Currently the most affordable Cheap Studio Apartment in Lockwood is at Ridgeview Apartments listed at $795.

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

The lowest price for a Cheap One Bedroom Lockwood Apartment is $695 at 307 S 28th St.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lockwood is starting from $795 at Ridgeview Apartments.

What is the most affordable Lockwood Three Bedroom Apartment?

The best deal on a cheap Lockwood Three Bedroom Apartment rental is at The Place at Rimrock and starts from $1,250.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.