
Cheap Apartments for Rent in Shelby, MT from $400 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Shelby.


101 1st Ave

1300 5th Ave N

The Highline 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.

414 4th St N

632 14th Ave

2027 Smelter Ave NE

530 21st Ave NE
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.

23 11th St S

1305 2nd Ave N

615 8th Ave S

2004 6th St NE

2100 4th St NE
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.
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 | $1,435 | $400 | $2,300 |
| Shelby 1 Bedroom Apartments | $1,516 | $725 | $2,500 |
| Shelby 2 Bedroom Apartments | $1,746 | $750 | $2,125 |
| Shelby 3 Bedroom Apartments | $2,199 | $1,200 | $2,525 |
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 Studio unit found at 101 1st Ave priced from $400. 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 | Commercial Space | Studio, | $400 |
| 620 7th St | 2BR 1BA | 2BR,1BA | $900 |
| The Highline Apartments | Cedar | Studio,1BA | $1,129 |
| Arc Apartment Homes | Simms | Studio,1BA | $1,300 |
| Grant Creek Village Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,360 |
Best Value Apartments for Rent in Shelby, MT and Nearby
As of December 09, 2025 the best value apartment in the Shelby area is the $1.19 price per square foot Reastaurant Model at 101 1st Ave in the starting from $1,500. The second greatest value Shelby apartment is the Lower Floorplan Model at Silver Star Apartments starting at $2,250 with a $1.87 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. |
|---|---|---|---|
| 101 1st Ave | Reastaurant | Studio ,0.5BA | $1.19 |
| Silver Star Apartments | Lower Floorplan | 3BR,2BA | $1.87 |
| 1901 La Brant Rd | Apt #1 | 2BR,1BA | $1.86 |
| 166-218 Jewel Basin Court | 2 Beds, 2 baths | 2BR,2BA | $1.65 |
| Grant Creek Village Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.82 |
| 620 7th St | 2BR 1BA | 2BR,1BA | $1.32 |
| Arc Apartment Homes | Simms | Studio ,1BA | $2.29 |
| Aurora Apartment Homes | Studio | Studio ,1BA | $2.78 |
| The Highline Apartments | Cedar | Studio ,1BA | $2.82 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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
Getting Around Shelby, MT
Walk Score®
40 / 100
Car-Dependent
Most errands require a car
Bike Score®
30 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 101 1st Ave listed at $400.
How much is rent for a Cheap One Bedroom Shelby Apartment?
The lowest price for a Cheap One Bedroom Shelby Apartment is $1,360 at Grant Creek Village Apartments.
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 Grant Creek Village Apartments and starts from $2,200.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

