
Cheap Apartments for Rent in Ranchester, WY from $400 (62 Rentals)
Search the lowest-cost Apartments available for rent right now in Ranchester.


The Place at North 24th

The Place at Rimrock

The Place at Lake Elmo

Rockvue Lofts

1141 28th St

Colton Heights Apartments

838 Avenue B

Highlands Apartments

Peak Apartments (Income Based)
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.

Inter Pointe

Hoop Dreams

Western One

1526 Lake Elmo Dr

Grand Slam Patio Home Apartments

Castlerock Apartment Homes

Harvest Granger Apartments

Olympic Village Apartments

Archway Apartments

Rimrock West Apartments
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.

Frontier Apartments

March Madness Patio Home Apartments

Home Run Patio Home Apartments

Granite Peak

Lordwith Apartments

King West One Apartments

Total Monthly Price
Hunter's Pointe

Rocky Meadows Apartments

Inter Urban

Rosepark Plaza Apartments
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.

307 S 28th St

4 Lewis Ave

Ridgeview Apartments

Midway Apartments

Pinehurst Apartments

Eastwood Apartments

810 Crist Dr

Central Court Village

3 7th St. West

1410 Lake Elmo Dr
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.

1433 Wyoming Ave

1715 3rd St W

4139 Arden Ave

1032 Lake Elmo Dr

10 Miners Pl

1937 Clubhouse Way

813 Dreamers Loop

Stoneridge Apartments

Samuel Court

Bench Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Ranchester, WY Local Guide

How much does it cost to rent an apartment in Ranchester?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ranchester Studio Apartments | $1,638 | $865 | $3,242 |
| Ranchester 1 Bedroom Apartments | $1,344 | $495 | $4,774 |
| Ranchester 2 Bedroom Apartments | $1,489 | $895 | $3,633 |
| Ranchester 3 Bedroom Apartments | $2,160 | $1,146 | $3,830 |
| Ranchester 4 Bedroom Apartments | $1,700 | $1,700 | $1,700 |
Browse Top Apartments in Ranchester
See all Apartments in RanchesterExplore Ranchester
Ranchester, WY Local Guide
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Cheapest Available Ranchester Apartments for Rent and Nearby
 The cheapest available apartment rental in Ranchester, WY is a 1 Bed unit found at The Place at North 24th in the North Side Billings neighborhood priced from $595. The Place at Rimrock in the North Side Billings neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Ranchester apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Place at North 24th | Studio | 1BR,1BA | $595 |
| The Place at Rimrock | 1 Bedroom | 1BR,1BA | $795 |
| The Place at Lake Elmo | 1 Bedroom | 1BR,1BA | $800 |
| Rockvue Lofts | Small Studio | Studio,1BA | $850 |
| 1141 28th St | 1 Beds | 1BR,1BA | $850 |
| 838 Avenue B | 1 BD 1 bath | 1BR,1BA | $925 |
| Highlands Apartments | 2 Bed | 1 Bath A | 2BR,1BA | $1,095 |
| Western One | Upstairs unit | 1BR,1BA | $1,099 |
| Hoop Dreams | Upstairs unit | 1BR,1BA | $1,099 |
| Central Court Village | 2 Bedroom | 1 Bath | 2BR,1BA | $1,108 |
Best Value Apartments for Rent in Ranchester, WY and Nearby
As of April 30, 2026 the best value apartment in the Ranchester area is the $1.23 price per square foot C1 Model at Rocky Meadows Apartments in the in the North Central Billings neighborhood starting from $1,680. The second greatest value Ranchester apartment is the 2 Bed/1.75 Bath Model at Brookshire Village Apartments starting at $1,445 with a $1.28 price per square foot in the West Central Billings neighborhood. Here is today’s list of the best values for Ranchester apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Rocky Meadows Apartments | C1 | 3BR,2BA | $1.23 |
| Brookshire Village Apartments | 2 Bed/1.75 Bath | 2BR,2BA | $1.28 |
| Lordwith Apartments | Renovated 2 Bedroom 1 Bath | 2BR,1BA | $1.27 |
| Rimrock West Apartments | B1 | 2BR,1.5BA | $1.36 |
| Olympic Village Apartments | B2R | 2BR,1BA | $1.47 |
| 1937 Clubhouse Way | 2 Bed/1 Bath | 2BR,1BA | $1.30 |
| 1141 28th St | 2 Beds | 2BR,1BA | $1.44 |
| Central Court Village | 2 Bedroom | 1 Bath | 2BR,1BA | $1.53 |
| The Place at Rimrock | 1 Bedroom | 1BR,1BA | $1.21 |
| Highlands Apartments | 1 Bed | 1 Bath A | 1BR,1BA | $1.53 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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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Read ArticleCash 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Ranchester, WY Rentals by Map
See the most popular apartments and homes in Ranchester, WY
Frequently Asked Questions about Cheap Ranchester Apartments
How much is rent for a Cheap One Bedroom Ranchester Apartment?
The lowest price for a Cheap One Bedroom Ranchester Apartment is $595 at The Place at North 24th.
What is the lowest price for a Cheap Two Bedroom Ranchester Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Ranchester is starting from $865 at Rockvue Lofts.
What is the most affordable Ranchester Three Bedroom Apartment?
The best deal on a cheap Ranchester Three Bedroom Apartment rental is at The Place at Rimrock and starts from $1,195.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.