Cheap Apartments for Rent in the University District Missoula, MT from $300 (46 Rentals)

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Search the lowest-cost Apartments available for rent right now in the University District area of Missoula.

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.

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The Equinox
Studio to 2 Bedroom Apartments

The Equinox

1515 Liberty LnMissoula, MT 59808
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Park Place Flats
1 Bedroom Apartments

Park Place Flats

118 W Alder StMissoula, MT 59802
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Alder Apartments
1 to 3 Bedroom Apartments

Alder Apartments

527 W Alder StMissoula, MT 59802
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Creekside Apartments
Studio to 3 Bedroom Apartments

Creekside Apartments

1405 E Broadway StMissoula, MT 59802
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Verde Condos
1 to 2 Bedroom Apartments

Verde Condos

1010-1012 W Pine StMissoula, MT 59802
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Chapman Crossing
1 to 2 Bedroom Apartments

Chapman Crossing

909 Byron StMissoula, MT 59802
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The Hogan
Studio to 1 Bedroom Apartments

The Hogan

243 S 6th St WMissoula, MT 59801
Senior Living
  • Utilities Included

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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Summit View Square
1 to 2 Bedroom Apartments

Summit View Square

1500 S 14th St WMissoula, MT 59801
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312 Minnesota
1 Bedroom Apartments

312 Minnesota

312 Minnesota AveMissoula, MT 59802
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Morgan Building
1 Bedroom Apartments

Morgan Building

712 W Spruce StMissoula, MT 59802
  • Utilities Included

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.

property at 3484 MT-200

$1,385 - $1,925

1 To 2 Bedroom Rentals

Available May 28

3484 MT-200

MissoulaMT59802
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Mountain Shadows
2 Bedroom Apartments

Mountain Shadows

1201-1211 SW Higgins AveMissoula, MT 59803
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Moose Haus
1 to 3 Bedroom Apartments

Moose Haus

1000 Rollins StMissoula, MT 59801

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

University District, Missoula, MT Local Guide

Cheapest Available University District Apartments for Rent

 

The cheapest available apartment rental in the University District area of Missoula, MT is a Studio unit found at 1500 Stoddard priced from $1,185. Grove Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here are the most affordable University District apartments for rent in Missoula, MT:

Apartment ListingModel NameBed/BathPriced From
1500 StoddardStudioStudio,1BA$1,185
Grove Apartments1BR/1.0BA1BR,1BA$1,295
Spruce Street Apartments1 Bedroom, 1 Bath A71BR,1BA$1,340
Mountain ShadowsM2bd2BR,1BA$1,475
Riverbend Apartments2B / 1B - 2nd FL2BR,1BA$1,500
509 Westview Dr2 Beds2BR,1BA$1,695
TOO8121BR/1.0BA1BR,1BA$1,725
Corso Apartment Homes1BR x 1BA - Flathead1BR,1BA$1,776

Best Value Apartments for Rent in University District, MT

As of May 25, 2026 the best value apartment in the University District 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 University District apartment is the M2bd Model at Mountain Shadows starting at $1,475 with a $1.54 price per square foot in the University District neighborhood. Here is today’s list of the best values for University District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
ROAM Student LivingThe Flathead4BR,4BA$0.70
Mountain ShadowsM2bd2BR,1BA$1.54
TOO8121BR/1.0BA1BR,1BA$1.87
Riverbend Apartments2BR/1.0BA2BR,1BA$1.76
509 Westview Dr2 Beds2BR,1BA$1.93
Grove Apartments1BR/1.0BA1BR,1BA$1.73
1516 W Kent Ave, Unit Basement1516 W Kent Ave2BR,1BA$2.00
Corso Apartment Homes1BR x 1BA - Flathead1BR,1BA$2.78
1500 StoddardStudioStudio ,1BA$2.17
Spruce Street Apartments1 Bedroom, 1 Bath A71BR,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.

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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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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
University District, Missoula, MT

Ranked #3

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

This website compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in metropolitan areas across the United States, including Missoula. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, pet-friendly features, multifamily communities for the kids, proximity to transit, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap University District Apartments

What is a cheap apartment in University District?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University District is under $1,776.

What is the price of a cheap apartment in University District?

The cheapest apartment in University District is Grove Apartments which is listed at $1,295, while the average apartment in University District costs $2,600.

What types of apartments are the cheapest in University District?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in University District that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

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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.

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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.