
Cheap Apartments for Rent in Shelby, MT from $700 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Shelby.


101 1st Ave

620 7th St

Vista Villa/River Run

1900 1st Ave S

515 25th St N
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.

Majestic Drive Apartments

The Highline Apartments

Total Monthly Price
Talus Apartment Homes

Arc Apartment Homes

612-614 13th St N

2525 5th Ave N
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.

417 14th St N

4629 5th Ave S

1626 Central Ave

1413 5th Ave NW

2002 6th St NE

1901 La Brant Rd
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.

3440 11th Ave S

2516 15th St 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 | $1,502 | $1,298 | $2,300 |
| Shelby 1 Bedroom Apartments | $1,447 | $700 | $2,550 |
| Shelby 2 Bedroom Apartments | $1,823 | $900 | $2,349 |
| Shelby 3 Bedroom Apartments | $2,267 | $1,450 | $2,565 |
Browse Top Apartments in Shelby
See all Apartments in ShelbyExplore Shelby
Shelby, MT Local Guide
- Nearby Cities
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Cheapest Available Shelby Apartments for Rent and Nearby
 The cheapest available apartment rental in Shelby, MT is a 2 Beds unit found at 620 7th St priced from $900. Vista Villa/River Run has the second lowest priced unit, which is a 1 Bed apartment currently listed from $942. Here is today’s list of the most affordable Shelby apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 620 7th St | 2BR 1BA | 2BR,1BA | $900 |
| Vista Villa/River Run | Income-Restricted One Bedroom Apartment Home | 1BR,1BA | $942 |
| Majestic Drive Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1,245 |
| Talus Apartment Homes | Dearborn | Studio,1BA | $1,299 |
| Arc Apartment Homes | Studio | Studio,1BA | $1,349 |
Best Value Apartments for Rent in Shelby, MT and Nearby
As of May 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 |
| The Highline Apartments | Dawson | 2BR,1BA | $1.77 |
| 620 7th St | 2BR 1BA | 2BR,1BA | $1.32 |
| Aurora Apartment Homes | Studio XL | Studio ,1BA | $2.52 |
| Arc Apartment Homes | Studio | Studio ,1BA | $2.22 |
| Majestic Drive Apartments | 1 Bed, 1 Bath | 1BR,1BA | $2.49 |
| Talus Apartment Homes | Dearborn | Studio ,1BA | $2.71 |
| Vista Villa/River Run | Income-Restricted One Bedroom Apartment Home | 1BR,1BA | $2.09 |
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!
Explore Shelby, MT Rentals by Map
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 Talus Apartment Homes listed at $1,299.
How much is rent for a Cheap One Bedroom Shelby Apartment?
The lowest price for a Cheap One Bedroom Shelby Apartment is $942 at Vista Villa/River Run.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.