
Cheap Homes for Rent in Downtown Missoula Neighborhood of Missoula, MT from $1,100 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Missoula area of Missoula.


200 Eddy Ave

1805 Wyoming St

1821 Wyoming St

1824 Phillips St

1909 S 14th St W
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.

1957 S 8th St W

735 Grant St

807 Bulwer St

407 S 5th St E

705 Cleveland St

2418 Leo Ave
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.
Downtown Missoula, Missoula, MT Local Guide

How much does it cost to rent a home in Downtown Missoula?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Missoula 2 Bedroom Homes for Rent | $1,615 | $1,250 | $2,500 |
| Downtown Missoula 3 Bedroom Homes for Rent | $2,771 | $2,095 | $3,500 |
| Downtown Missoula 4 Bedroom Homes for Rent | $2,795 | $2,795 | $2,795 |
| Downtown Missoula 5 Bedroom Homes for Rent | $4,250 | $4,250 | $4,250 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Downtown Missoula Neighborhood of Missoula, MT.
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Downtown Missoula, Missoula, MT Local Guide
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Cheapest Available Downtown Missoula Apartments for Rent
 The cheapest available apartment rental in the Downtown Missoula area of Missoula, MT is a Studio unit found at North Russell Apartments priced from $1,000. Midtown Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,175. Here are the most affordable Downtown Missoula apartments for rent in Missoula, MT:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| North Russell Apartments | Studio, 1 bath | Studio,1BA | $1,000 |
| Midtown Apartments | M1bd | 1BR,1BA | $1,175 |
| Corso Apartment Homes | 0BR x 1BA - Clark Fork | Studio,1BA | $1,197 |
| 1500 Stoddard | Studio | Studio,1BA | $1,250 |
| Riverbend Apartments | 1B / 1B - 2nd FL | 1BR,1BA | $1,260 |
Best Value Apartments for Rent in Downtown Missoula, MT
As of January 09, 2026 the best value apartment in the Downtown Missoula area is the $1.65 price per square foot 1x1.5+den Model at Mountainwood Estates in the in the University District neighborhood starting from $2,350. The second greatest value Downtown Missoula apartment is the 3BR/1.0BA Model at Moose Haus Apartments starting at $1,495 with a $1.50 price per square foot in the University District neighborhood. Here is today’s list of the best values for Downtown Missoula apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mountainwood Estates | 1x1.5+den | 1BR,1.5BA | $1.65 |
| Moose Haus Apartments | 3BR/1.0BA | 3BR,1BA | $1.50 |
| Grand Central | 3 Bedroom 1.5 Bath | 3BR,1.5BA | $1.97 |
| TOO812 | 1BR/1.0BA | 1BR,1BA | $2.17 |
| Ashlyn Place Apartments | B(2x1) | 2BR,1BA | $2.00 |
| Riverbend Apartments | 1B / 1B - 2nd FL | 1BR,1BA | $1.88 |
| Midtown Apartments | M1bd | 1BR,1BA | $1.78 |
| Get in the thick of it! | 1BR/1.0BA | 1BR,1BA | $2.16 |
| North Russell Apartments | Studio, 1 bath | Studio ,1BA | $1.82 |
| 1500 Stoddard | Studio | Studio ,1BA | $2.29 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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.
Pet Friendly LifestyleDowntown Missoula, Missoula, MT
Ranked #2
Among cities in Montana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown Missoula
What type of rentals are currently available in Downtown Missoula?
There are currently 106 Apartments for Rent in Downtown Missoula, MT with pricing that ranges from $775 to $2,700. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Missoula ranging from $1,125 to $4,250.
What is the current price range for Rental Homes in Downtown Missoula?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Missoula ranges from $1,125 to $4,250 with an average monthly rent of $2,603.
How much are larger Three and Four Bedroom Rentals in Downtown Missoula?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Missoula range from $1,850 to $1,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,095 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,795 and Four Bedroom Apartments start at $775.
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

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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