
Cheap Homes for Rent in Lockwood, MT from $700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Lockwood.


2040 Burnstead Dr

810 N 22nd St

2101 8th Ave N

216 1/2 N 22nd St

2022 Burnstead Dr

1 N Broadway

809 N 16th St

2150 Burnstead Dr

2050 Clubhouse Way

640 Lake Elmo Dr

821 N 17th St
Lockwood, MT Local Guide

How much does it cost to rent a home in Lockwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lockwood 2 Bedroom Homes for Rent | $1,126 | $850 | $1,695 |
Lockwood 3 Bedroom Homes for Rent | $1,630 | $1,100 | $1,950 |
Lockwood 4 Bedroom Homes for Rent | $2,348 | $1,895 | $3,300 |
Lockwood 6 Bedroom Homes for Rent | $3,950 | $3,950 | $3,950 |
Browse Top Homes for Rent in Lockwood
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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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
307 S 28th St | 1 Bed/1 Bath | 1BR,1BA | $695 |
The Place at North 24th | 1 Bedroom | 1BR,1BA | $775 |
Ridgeview Apartments | Studio | 2BR,1BA | $795 |
Rockvue Lofts | Small Studio | Studio,1BA | $850 |
The Place at Rimrock | 1 Bedroom | 1BR,1BA | $900 |
Best Value Apartments for Rent in Lockwood, MT and Nearby
As of July 28, 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 Three Bedroom Model at Inter Pointe starting at $1,925 with a $1.52 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. |
---|---|---|---|
The Amber Townhomes 1 | Tri-Level 2 X 2.5 Townhome | 2BR,2BA | $1.64 |
Inter Pointe | Three Bedroom | 3BR,2BA | $1.52 |
Rimrock West Apartments | B1 | 2BR,1.5BA | $1.42 |
Olympic Village Apartments | B1 | 2BR,1BA | $1.42 |
1433 Wyoming Ave | 2 Bed/1.5 Bath | 2BR,1.5BA | $1.24 |
Castlerock Apartment Homes | B1 | 2BR,1BA | $1.63 |
Ridgeview Apartments | 1 Bed/1 Bath | 1BR,1BA | $1.06 |
Eastwood Apartments | 2 Bed/1 Bath | 2BR,1BA | $1.33 |
The Place at Rimrock | 1 Bedroom | 1BR,1BA | $1.37 |
The Place at North 24th | 1 Bedroom | 1BR,1BA | $1.49 |
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Frequently Asked Questions about Lockwood
What type of rentals are currently available in Lockwood?
There are currently 71 Apartments for Rent in Lockwood, MT with pricing that ranges from $600 to $6,423. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lockwood ranging from $795 to $3,950.
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 $795 to $3,950 with an average monthly rent of $1,992.
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.

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.

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.

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.

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.