
Cheap Homes for Rent in Roy, MT from $300 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Roy.


224 7th Ave

1515 5th St

232 7th Ave
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.

402 2nd Ave

1544 3rd St

100 Wodrich Rd

2217 1st Ave S
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.

621 1st Ave
Roy, MT Local Guide

How much does it cost to rent a home in Roy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Roy 2 Bedroom Homes for Rent | $1,095 | $650 | $1,790 |
| Roy 3 Bedroom Homes for Rent | $1,680 | $1,000 | $2,495 |
| Roy 4 Bedroom Homes for Rent | $2,481 | $1,600 | $3,800 |
| Roy 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Top Homes for Rent in Roy
Explore 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 |
Best Value Apartments for Rent in Roy, MT and Nearby
As of June 13, 2026 the best value apartment in the Roy area is the $1.45 price per square foot 3X2D Model at Inter Urban in the in the West Central Billings neighborhood starting from $1,990. The second greatest value Roy apartment is the Three Bedroom Model at Inter Pointe starting at $1,925 with a $1.52 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. |
|---|---|---|---|
| Inter Urban | 3X2D | 3BR,2BA | $1.45 |
| Inter Pointe | Three Bedroom | 3BR,2BA | $1.52 |
| Brookshire Village Apartments | 2 Bed/1.75 Bath | 2BR,2BA | $1.28 |
| Rocky Meadows Apartments | B1 | 2BR,2BA | $1.36 |
| Rimrock West Apartments | B1 | 2BR,1.5BA | $1.39 |
| Olympic Village Apartments | B2 | 2BR,1BA | $1.34 |
| Rockvue Lofts | 2 bed 1 bath | 2BR,1BA | $1.12 |
| 1141 28th St | 2 Beds | 2BR,1BA | $1.44 |
| 620 7th St | 2BR 1BA | 2BR,1BA | $1.32 |
| 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 Roy
What type of rentals are currently available in Roy?
There are currently 52 Apartments for Rent in Roy, MT with pricing that ranges from $495 to $6,891. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Roy ranging from $342 to $3,800.
What is the current price range for Rental Homes in Roy?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Roy ranges from $342 to $3,800 with an average monthly rent of $1,661.
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

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.

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.

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.