Cheap Homes for Rent in Downtown Missoula Neighborhood of Missoula, MT from $1,100 (12 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Missoula area of Missoula.

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.

property at 735 Grant St

$1,300 - $1,395

1 To 2 Bedroom Rentals

Available Now

735 Grant St

MissoulaMT59801

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

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 ListingModel NameBed/BathPriced From
North Russell ApartmentsStudio, 1 bathStudio,1BA$1,000
Midtown ApartmentsM1bd1BR,1BA$1,175
Corso Apartment Homes0BR x 1BA - Clark ForkStudio,1BA$1,197
1500 StoddardStudioStudio,1BA$1,250
Riverbend Apartments1B / 1B - 2nd FL1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Mountainwood Estates1x1.5+den1BR,1.5BA$1.65
Moose Haus Apartments3BR/1.0BA3BR,1BA$1.50
Grand Central3 Bedroom 1.5 Bath3BR,1.5BA$1.97
TOO8121BR/1.0BA1BR,1BA$2.17
Ashlyn Place ApartmentsB(2x1)2BR,1BA$2.00
Riverbend Apartments1B / 1B - 2nd FL1BR,1BA$1.88
Midtown ApartmentsM1bd1BR,1BA$1.78
Get in the thick of it!1BR/1.0BA1BR,1BA$2.16
North Russell ApartmentsStudio, 1 bathStudio ,1BA$1.82
1500 StoddardStudioStudio ,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.

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The 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.

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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.

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Quick 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 Lifestyle
Downtown Missoula, Missoula, MT

Ranked #2

Among cities in Montana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!