Cheap Apartments for Rent in the University District Missoula, MT from $388 (51 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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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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
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Alder Apartments
1 to 3 Bedroom Apartments

Alder Apartments

527 W Alder StMissoula, MT 59802
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Summit View Square
1 to 2 Bedroom Apartments

Summit View Square

1500 S 14th St WMissoula, MT 59801
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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312 Minnesota
1 Bedroom Apartments

312 Minnesota

312 Minnesota AveMissoula, MT 59802
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Colonial Manor
2 Bedroom Apartments

Colonial Manor

1510 Ernest AveMissoula, MT 59801
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CAM104
2 Bedroom Apartments

CAM104

104 Camelot CtMissoula, MT 59801

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.

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1024 Stephens Ave
2 Bedroom Apartments

1024 Stephens Ave

1024 Stephens AveMissoula, MT 59801
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1515 South Ave W
1 to 2 Bedroom Apartments

1515 South Ave W

1515 South Ave WMissoula, MT 59801
property at 3484 MT-200

$1,295 - $1,695

1 To 2 Bedroom Rentals

Available Now

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
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TOO812
1 to 2 Bedroom Apartments

TOO812

812 Toole AveMissoula, MT 59802
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1333 Toole Ave
2 Bedroom Apartments

1333 Toole Ave

1333 Toole AveMissoula, MT 59802

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.

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 1 Bed unit found at Midtown Apartments priced from $1,175. CAM104 has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,295. Here are the most affordable University District apartments for rent in Missoula, MT:

Apartment ListingModel NameBed/BathPriced From
Midtown ApartmentsM1bd1BR,1BA$1,175
CAM1042BR/1.0BA2BR,1BA$1,295
Canyon Loft Apartments1 Beds, 1 Baths1BR,1BA$1,295
Riverbend Apartments2BR/1.0BA2BR,1BA$1,395
Mountain ShadowsM2bd2BR,1BA$1,475
TOO8121BR/1.0BA1BR,1BA$1,495
SPR7121BR/1.0BA1BR,1BA$1,750
Ashlyn Place ApartmentsB(2x1)2BR,1BA$1,850
Mountainwood Estates1x1.5+den1BR,1BA$2,950

Best Value Apartments for Rent in University District, MT

As of August 23, 2026 the best value apartment in the University District area is the $2.07 price per square foot 1x1.5+den Model at Mountainwood Estates in the in the University District neighborhood starting from $2,950. 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.
Mountainwood Estates1x1.5+den1BR,1.5BA$2.07
Mountain ShadowsM2bd2BR,1BA$1.54
ROAM Student LivingThe Seeley4BR,2BA$0.83
TOO8121BR/1.0BA1BR,1BA$1.62
SPR7121BR/1.0BA1BR,1BA$1.93
CAM1042BR/1.0BA2BR,1BA$1.44
Riverbend Apartments2BR/1.0BA2BR,1BA$1.57
Ashlyn Place ApartmentsB(2x1)2BR,1BA$2.18
Midtown ApartmentsM1bd1BR,1BA$1.78
Canyon Loft Apartments1 Beds, 1 Baths1BR,1BA$2.15

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 #1

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

Pet Friendliness Lifestyle Score

4.0
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

How much is rent for a Cheap One Bedroom University District Apartment?

The lowest price for a Cheap One Bedroom University District Apartment is $1,175 at Midtown Apartments.

What is the lowest price for a Cheap Two Bedroom University District Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in University District is starting from $1,195 at Midtown Apartments.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.