
Cheap Apartments for Rent in Roy, MT from $400 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Roy.


The Place at North 24th

The Place at Rimrock

The Place at Lake Elmo

1141 28th St

Rockvue Lofts

620 7th St
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.

Highlands Apartments

Inter Pointe

Rosepark Plaza Apartments

632 14th Ave

307 S 28th St

4 Lewis Ave

Midway 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.

Ridgeview Apartments

232 7th Ave

402 2nd Ave

Pinehurst Apartments

1544 3rd St

810 Crist Dr

Eastwood Apartments
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.

Central Court Village

838 Avenue B

3 7th St. West

1410 Lake Elmo Dr

1433 Wyoming Ave

617 N 14th St

621 1st Ave
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.

337 Aristocrat Dr
Roy, MT Local Guide

How much does it cost to rent an apartment in Roy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Roy Studio Apartments | $1,548 | $1,050 | $3,327 |
| Roy 1 Bedroom Apartments | $1,536 | $495 | $6,155 |
| Roy 2 Bedroom Apartments | $1,663 | $900 | $4,049 |
| Roy 3 Bedroom Apartments | $2,319 | $1,195 | $3,586 |
Browse Top Apartments in Roy
See all Apartments in RoyExplore Roy
Roy, MT Local Guide
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Cheapest Available Roy Apartments for Rent and Nearby
 The cheapest available apartment rental in Roy, MT is a 1 Bed unit found at The Place at North 24th in the North Side Billings neighborhood priced from $595. The Place at Lake Elmo in the East Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Roy apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Place at North 24th | Studio | 1BR,1BA | $595 |
| The Place at Lake Elmo | 1 Bedroom | 1BR,1BA | $800 |
| 1141 28th St | 1 Beds | 1BR,1BA | $850 |
| The Place at Rimrock | 1 Bedroom | 1BR,1BA | $850 |
| Rockvue Lofts | 2 bed 1 bath | 2BR,1BA | $865 |
| Colton Heights Apartments | 2 Bedroom - Small | 2BR,1BA | $1,150 |
| Samuel Court | 1BR/1BA | 1BR,1BA | $1,150 |
| Jasmine Circle Apartments | 1 Bed/1 Bath | 1BR,1BA | $1,175 |
| Rock Creek | 2 Bed / 1 Bath A | 2BR,1BA | $1,225 |
| Olympic Village Apartments | B2 | 2BR,1BA | $1,250 |
Best Value Apartments for Rent in Roy, MT and Nearby
As of June 27, 2026 the best value apartment in the Roy area is the $1.59 price per square foot Unit E - Three Bedrooms Model at Shiloh Commons in the in the West Central Billings neighborhood starting from $2,290. The second greatest value Roy apartment is the 3X2D Model at Inter Urban starting at $1,990 with a $1.45 price per square foot in the West Central Billings neighborhood. Here is today’s list of the best values for Roy apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shiloh Commons | Unit E - Three Bedrooms | 3BR,2BA | $1.59 |
| Inter Urban | 3X2D | 3BR,2BA | $1.45 |
| Inter Pointe | Three Bedroom | 3BR,2BA | $1.52 |
| Rocky Meadows Apartments | B1 | 2BR,2BA | $1.53 |
| Rimrock West Apartments | B1 | 2BR,1.5BA | $1.38 |
| Olympic Village Apartments | B2R | 2BR,1BA | $1.42 |
| Highlands Apartments | 2 Bed | 1 Bath | 2BR,1BA | $1.54 |
| Rockvue Lofts | 2 bed 1 bath | 2BR,1BA | $1.12 |
| 1141 28th St | 2 Beds | 2BR,1BA | $1.44 |
| The Place at Rimrock | 1 Bedroom | 1BR,1BA | $1.30 |
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.
Read ArticleReal 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.
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 Roy, MT Rentals by Map
See the most popular apartments and homes in Roy, MT
Frequently Asked Questions about Cheap Roy Apartments
How much is rent for a Cheap One Bedroom Roy Apartment?
The lowest price for a Cheap One Bedroom Roy Apartment is $595 at The Place at North 24th.
What is the lowest price for a Cheap Two Bedroom Roy Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Roy is starting from $865 at Rockvue Lofts.
What is the most affordable Roy Three Bedroom Apartment?
The best deal on a cheap Roy 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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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.