
Cheap Apartments for Rent in Shelby, MT from $600 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Shelby.


608 Central Ave

101 1st Ave

1620 7th Ave N

609-613 4th Ave S
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.

1909 Central Ave

620 7th St

903 13th St SW

526 2nd Ave N

Vista Villa/River Run
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.

826 3rd Ave S

512 2nd Ave N

Majestic Drive Apartments

Total Monthly Price
Talus Apartment Homes

610 10th St S
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.

114 1st Ave S

1300 6th Ave S
Shelby, MT Local Guide

How much does it cost to rent an apartment in Shelby?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shelby Studio Apartments | $1,469 | $650 | $1,749 |
| Shelby 1 Bedroom Apartments | $1,620 | $725 | $2,749 |
| Shelby 2 Bedroom Apartments | $1,785 | $860 | $2,349 |
| Shelby 3 Bedroom Apartments | $2,258 | $1,600 | $2,465 |
Browse Top Apartments in Shelby
See all Apartments in ShelbyExplore Shelby
Shelby, MT Local Guide
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Cheapest Available Shelby Apartments for Rent and Nearby
 The cheapest available apartment rental in Shelby, MT is a 1 Bed unit found at 101 1st Ave priced from $725. 620 7th St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $900. Here is today’s list of the most affordable Shelby apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 101 1st Ave | 1bd 1ba | 1BR,1BA | $725 |
| 620 7th St | 2BR 1BA | 2BR,1BA | $900 |
| Arc Apartment Homes | Studio | Studio,1BA | $1,599 |
| 166-218 Jewel Basin Court | 2 BR 2 BA | 2BR,2BA | $1,650 |
| Grant Creek Village Apartments | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1,865 |
Best Value Apartments for Rent in Shelby, MT and Nearby
As of August 08, 2026 the best value apartment in the Shelby area is the $1.78 price per square foot Liberty A Model at Liberty Estates in the starting from $2,295. The second greatest value Shelby apartment is the 2 BR 2 BA Model at 166-218 Jewel Basin Court starting at $1,650 with a $1.65 price per square foot . Here is today’s list of the best values for Shelby apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Liberty Estates | Liberty A | 3BR,2.5BA | $1.78 |
| 166-218 Jewel Basin Court | 2 BR 2 BA | 2BR,2BA | $1.65 |
| Aurora Apartment Homes | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $2.14 |
| Grant Creek Village Apartments | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $2.04 |
| 620 7th St | 2BR 1BA | 2BR,1BA | $1.32 |
| Arc Apartment Homes | Studio | Studio ,1BA | $2.63 |
| 101 1st Ave | 1bd 1ba | 1BR,1BA | $1.21 |
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.
Best Local Schools in Shelby, MT
Shelby Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Shelby, MT
Frequently Asked Questions about Cheap Shelby Apartments
What is the Cheapest Studio apartment in Shelby?
Currently the most affordable Cheap Studio Apartment in Shelby is at Arc Apartment Homes listed at $1,599.
How much is rent for a Cheap One Bedroom Shelby Apartment?
The lowest price for a Cheap One Bedroom Shelby Apartment is $725 at 101 1st Ave.
What is the lowest price for a Cheap Two Bedroom Shelby Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Shelby is starting from $900 at 620 7th St.
What is the most affordable Shelby Three Bedroom Apartment?
The best deal on a cheap Shelby Three Bedroom Apartment rental is at Liberty Estates and starts from $2,295.
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

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.

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.

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.