Cheap Homes for Rent in Missoula, MT from $400 (9 Rentals)

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

property at 527 Eddy Ave

$660 - $695

1 Bedroom Rentals

Available Jun 11

527 Eddy Ave

MissoulaMT59801

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.

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.

Missoula, MT Local Guide

Cheapest Neighborhoods for Apartments in Missoula, MT

Pricing Updated: 06/08/2026

Current apartment rentals in the Missoula, MT area range in price from $495 to $3,900 with an overall median price of $3,398. The three Missoula neighborhoods with the lowest median rent pricing are Westside at $1,325, Grant Creek at $750, and Downtown Missoula at $495. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Missoula Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Westside$2,247$1,3254
Grant Creek$2,850$7508
Downtown Missoula$3,495$49515
Upper Rattlesnake$3,495$49512
Fairview and Pattee Canyon$3,900$2,6501
Lewis And Clark$3,900$6607
University District$3,900$49515

Cheapest Available Missoula Apartments for Rent

 

The cheapest available apartment rental in Missoula, MT is a 1 Bed unit found at McNett Flats in the Grant Creek neighborhood priced from $995. Tollefson Apartments in the Westside neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. Here is today’s list of the most affordable Missoula apartments for rent:

Apartment ListingModel NameBed/BathPriced From
McNett FlatsMStudio1BR,1BA$995
Tollefson ApartmentsM1bd1BR,1BA$1,075
North Russell ApartmentsStudio, 1 bathStudio,1BA$1,100

Best Value Apartments for Rent in Missoula, MT

As of June 08, 2026 the best value apartment in the 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 Missoula apartment is the M2bd Model at Alpine Meadows 3005-3009 Tina Ave starting at $1,295 with a $1.18 price per square foot in the Westside neighborhood. Here is today’s list of the best values for Missoula apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
ROAM Student LivingThe Flathead4BR,4BA$0.70
Alpine Meadows 3005-3009 Tina AveM2bd2BR,1BA$1.18
McDonald AveM2bd2BR,1BA$1.27
Midtown ApartmentsM2bd2BR,1BA$1.23
Mountain ShadowsM2bd2BR,1BA$1.54
Quinton ApartmentsM2bd2BR,1BA$1.50
Jenny Place ApartmentsM2bd2BR,1BA$1.68
Fort Grounds Apartment HomesM1bd1BR,1BA$1.61
Grove Apartments1BR/1.0BA1BR,1BA$1.73
Tollefson ApartmentsM1bd1BR,1BA$1.63

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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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.

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Missoula, MT
Population: 74,428

Ranked #480

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Missoula

What type of rentals are currently available in Missoula?

There are currently 219 Apartments for Rent in Missoula, MT with pricing that ranges from $785 to $4,820. There are also 74 Single Family Homes for rent, Condos, and Townhome rentals currently available in Missoula ranging from $495 to $6,900.

What is the current price range for Rental Homes in Missoula?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Missoula ranges from $495 to $6,900 with an average monthly rent of $2,514.

How much are larger Three and Four Bedroom Rentals in Missoula?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Missoula range from $1,695 to $3,243, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $3,750. Four Bedroom Single-Family rentals are also available starting from $2,800 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

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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.

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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.

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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.

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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.