425 N 5th St W
MissoulaMT59802
Cheap Homes for Rent in Downtown Missoula Neighborhood of Missoula, MT from $400 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Missoula area of Missoula.
740 Turner St
MissoulaMT59802
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.
1909 S 14th St W
MissoulaMT59801
1401 Stoddard St
MissoulaMT59802
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.
1245 Waverly St
MissoulaMT59802
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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 | $1,680 | $1,195 | $2,650 |
| Downtown Missoula 3 Bedroom Homes for Rent | $2,510 | $2,195 | $2,800 |
| Downtown Missoula 4 Bedroom Homes for Rent | $3,800 | $3,800 | $3,800 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 1500 Stoddard priced from $1,185. North Russell Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,190. Here are the most affordable Downtown Missoula apartments for rent in Missoula, MT:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1500 Stoddard | Studio | Studio,1BA | $1,185 |
| North Russell Apartments | Studio, 1 bath | Studio,1BA | $1,190 |
| Spruce Street Apartments | 1 Bedroom, 1 Bath A7 | 1BR,1BA | $1,340 |
Best Value Apartments for Rent in Downtown Missoula, MT
As of May 25, 2026 the best value apartment in the Downtown Missoula area is the $0.70 price per square foot The Flathead Model at ROAM Student Living in the in the University District neighborhood starting from $815. The second greatest value Downtown Missoula apartment is the 1BR/1.0BA Model at TOO812 starting at $1,725 with a $1.87 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. |
|---|---|---|---|
| ROAM Student Living | The Flathead | 4BR,4BA | $0.70 |
| TOO812 | 1BR/1.0BA | 1BR,1BA | $1.87 |
| Riverbend Apartments | 2BR/1.0BA | 2BR,1BA | $1.76 |
| Corso Apartment Homes | 1BR x 1BA - Flathead | 1BR,1BA | $2.78 |
| North Russell Apartments | Studio, 1 bath | Studio ,1BA | $2.16 |
| 1500 Stoddard | Studio | Studio ,1BA | $2.17 |
| Spruce Street Apartments | 1 Bedroom, 1 Bath A7 | 1BR,1BA | $2.54 |
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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Pet Friendly LifestyleDowntown Missoula, Missoula, MT
Ranked #4
Among cities in Montana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Downtown Missoula
What type of rentals are currently available in Downtown Missoula?
There are currently 116 Apartments for Rent in Downtown Missoula, MT with pricing that ranges from $785 to $4,829. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Missoula ranging from $495 to $3,800.
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 $495 to $3,800 with an average monthly rent of $2,052.
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 $1,695 to $4,069, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,195 to $2,800. Four Bedroom Single-Family rentals are also available starting from $3,800 and Four Bedroom Apartments start at $785.
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 Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.