1131 1/2 N 23rd St
BillingsMT59101
Cheap Homes for Rent in Lockwood, MT from $1,200 (22 Rentals)
Search the lowest-cost Homes available for rent right now in Lockwood.
617 N 14th St
BillingsMT59101
504 Howard Ave
BillingsMT59101
103 Alderson Ave
BillingsMT59101
215 1/2 Jackson St
BillingsMT59101
337 Aristocrat Dr
BillingsMT59105
1526 Lake Elmo Dr
BillingsMT59105
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.
1131 Miles Ave, Unit 1131 Miles Avenue
1131 Miles Ave
BillingsMT59102
743 Wyoming Ave
BillingsMT59101
2310 First Ave N
BillingsMT59101
2119 8th Ave N
BillingsMT59101
2016 Clubhouse Way
BillingsMT59105
616 Yellowstone Ave, Unit 616 Yellowstone Ave
616 Yellowstone Ave
BillingsMT59101
1709 Plateau Rd
BillingsMT59105
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.
701 Alderson Ave
BillingsMT59101
201 Avenue D
BillingsMT59101
5022 Danford Dr
BillingsMT59106
408 Rice Ln
BillingsMT59105
6023 Elysian Rd
BillingsMT59101
413 Birch Ave
LaurelMT59044
9 Hartland St N
BillingsMT59105
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.
808 Howard Ave
BillingsMT59101
Showing Results 1-22, Page 1 of 1
Lockwood, MT Local Guide
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How much does it cost to rent a home in Lockwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lockwood 2 Bedroom Homes for Rent | $1,548 | $1,295 | $1,995 |
| Lockwood 3 Bedroom Homes for Rent | $1,820 | $1,250 | $2,495 |
| Lockwood 4 Bedroom Homes for Rent | $2,937 | $2,300 | $4,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Lockwood
Explore Lockwood
Lockwood, MT Local Guide
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Cheapest Available Lockwood Apartments for Rent and Nearby
The cheapest available apartment rental in Lockwood, 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 Lockwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Place at North 24th | Studio | 1BR,1BA | $595 |
| The Place at Lake Elmo | 1 Bedroom | 1BR,1BA | $800 |
| 1141 28th St | 1 Beds | 1BR,1BA | $850 |
| The Place at Rimrock | 1 Bedroom | 1BR,1BA | $850 |
| Rockvue Lofts | 2 bed 1 bath | 2BR,1BA | $865 |
Best Value Apartments for Rent in Lockwood, MT and Nearby
As of June 12, 2026 the best value apartment in the Lockwood area is the $1.45 price per square foot 3X2D Model at Inter Urban in the in the West Central Billings neighborhood starting from $1,990. The second greatest value Lockwood apartment is the 2 Bed/1.75 Bath Model at Brookshire Village Apartments starting at $1,445 with a $1.28 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Inter Urban | 3X2D | 3BR,2BA | $1.45 |
| Brookshire Village Apartments | 2 Bed/1.75 Bath | 2BR,2BA | $1.28 |
| Rocky Meadows Apartments | B1 | 2BR,2BA | $1.36 |
| Rimrock West Apartments | B1 | 2BR,1.5BA | $1.39 |
| Olympic Village Apartments | B2 | 2BR,1BA | $1.34 |
| Brush Meadows | Two Bedroom One Bathroom South | 2BR,1BA | $1.50 |
| Harvest Granger Apartments | 2 Bedroom / 1 Bath - 1st Floor | 2BR,1BA | $1.51 |
| Rockvue Lofts | 2 bed 1 bath | 2BR,1BA | $1.12 |
| 1141 28th St | 2 Beds | 2BR,1BA | $1.44 |
| The Place at Rimrock | 1 Bedroom | 1BR,1BA | $1.30 |
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
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 ArticleQuick 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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Explore Lockwood, MT Rentals by Map
See the most popular apartments and homes in Lockwood, MT
Frequently Asked Questions about Lockwood
What type of rentals are currently available in Lockwood?
There are currently 75 Apartments for Rent in Lockwood, MT with pricing that ranges from $495 to $6,891. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lockwood ranging from $1,219 to $4,000.
What is the current price range for Rental Homes in Lockwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lockwood ranges from $1,219 to $4,000 with an average monthly rent of $2,011.
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
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.
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.
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.
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.