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Cheap Apartments for Rent in Shepherd, MT from $600 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in Shepherd.
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$695 - $1,3751 to 3 Bedroom Apartments Available Now
The Place at Rimrock
2141 Burnstead DrBillings, MT 59101
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$795 - $1,295Studio to 2 Bedroom Apartments Available Now
Ridgeview Apartments
1203 Broadwater AveBillings, MT 59102
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$925 - $9951 Bedroom Apartments Available Now
The Place at Lake Elmo
850 Lake Elmo DrBillings, MT 59105
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$950 - $1,5001 to 3 Bedroom Apartments Available Now
Colton Heights Apartments
2014 Woody DrBillings, MT 59102
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Rent Specials
$995 - $1,3801 to 2 Bedroom Apartments Available Oct 27
Highlands Apartments
1105 N 22nd StBillings, MT 59101
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.
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$1,050 - $2,200Studio to 3 Bedroom Apartments Available Now
Inter Pointe
501 S 44th St WBillings, MT 59106
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$1,075 - $1,2251 to 2 Bedroom Apartments Available Nov 3
Harvest Granger Apartments
3290 Granger Ave EBillings, MT 59102
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500 Josephine Dr
BillingsMT59105
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.
222 Prospectors Ln
BillingsMT59105
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1 N Broadway
BillingsMT59101
3016 10th Ave N
BillingsMT59101
331 Bohl Ave
BillingsMT59105
2022 Burnstead Dr
BillingsMT59101
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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.
836 Yellowstone River Rd
BillingsMT59105
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1321 Quartz Pl
BillingsMT59105
1491 Sourdough Ln
BillingsMT59105
821 N 17th St
BillingsMT59101
640 Lake Elmo Dr
BillingsMT59105
2111 Lake Elmo Dr
BillingsMT59105
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Showing Results 1-32, Page 1 of 1
Shepherd, MT Local Guide
Brown bear by Madeleine Deaton is licensed under CC BY 2.0
How much does it cost to rent an apartment in Shepherd?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shepherd Studio Apartments | $1,621 | $795 | $4,872 |
| Shepherd 1 Bedroom Apartments | $1,389 | $600 | $2,420 |
| Shepherd 2 Bedroom Apartments | $1,591 | $795 | $4,211 |
| Shepherd 3 Bedroom Apartments | $2,408 | $1,215 | $4,775 |
Browse Top Apartments in Shepherd
See all Apartments in ShepherdExplore Shepherd
Shepherd, MT Local Guide
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Cheapest Available Shepherd Apartments for Rent and Nearby
The cheapest available apartment rental in Shepherd, MT is a 1 Bed unit found at The Place at North 24th in the North Side Billings neighborhood priced from $645. Ridgeview Apartments in the North Central Billings neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $795. Here is today’s list of the most affordable Shepherd apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Place at North 24th | Studio | 1BR,1BA | $645 |
| Ridgeview Apartments | Studio | 2BR,1BA | $795 |
| Rockvue Lofts | 2 bed 1 bath | 2BR,1BA | $865 |
| The Place at Rimrock | 1 Bedroom | 1BR,1BA | $900 |
| Central Court Village | 1 Bedroom | 1 Bath | 1BR,1BA | $923 |
| The Place at Lake Elmo | 1 Bedroom | 1BR,1BA | $925 |
| Eastwood Apartments | 1 Bed/1 Bath/Loft | 1BR,1BA | $950 |
| 1433 Wyoming Ave | 2 Bed/1.5 Bath | 2BR,1BA | $995 |
| Pinehurst Apartments | 2 Bed 1 Bath | 2BR,1BA | $1,050 |
| Rock Creek | 2 Bed / 1 Bath A | 2BR,1BA | $1,125 |
Best Value Apartments for Rent in Shepherd, MT and Nearby
As of October 25, 2025 the best value apartment in the Shepherd area is the $1.35 price per square foot Wild Rose Model at Farmstead Townhomes in the in the West Central Billings neighborhood starting from $2,595. The second greatest value Shepherd apartment is the 2 Bed/1.75 Bath Model at Brookshire Village Apartments starting at $1,445 with a $1.28 price per square foot in the West Central Billings neighborhood. Here is today’s list of the best values for Shepherd apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Farmstead Townhomes | Wild Rose | 3BR,2BA | $1.35 |
| Brookshire Village Apartments | 2 Bed/1.75 Bath | 2BR,2BA | $1.28 |
| Lordwith Apartments | Renovated 2 Bedroom 1 Bath | 2BR,1BA | $1.41 |
| Rimrock West Apartments | B1 | 2BR,1.5BA | $1.40 |
| Pinehurst Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.17 |
| Olympic Village Apartments | B1 | 2BR,1BA | $1.31 |
| 1433 Wyoming Ave | 2 Bed/1.5 Bath | 2BR,1.5BA | $1.24 |
| Ridgeview Apartments | 1 Bed/1 Bath | 1BR,1BA | $1.06 |
| The Place at Rimrock | 1 Bedroom | 1BR,1BA | $1.37 |
| Eastwood Apartments | 1 Bed/1 Bath/Loft | 1BR,1BA | $1.46 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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.
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Best Local Schools in Shepherd, MT
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Shepherd, MT Rentals by Map
See the most popular apartments and homes in Shepherd, MT
Frequently Asked Questions about Cheap Shepherd Apartments
What is the Cheapest Studio apartment in Shepherd?
Currently the most affordable Cheap Studio Apartment in Shepherd is at Ridgeview Apartments listed at $795.
How much is rent for a Cheap One Bedroom Shepherd Apartment?
The lowest price for a Cheap One Bedroom Shepherd Apartment is $645 at The Place at North 24th.
What is the lowest price for a Cheap Two Bedroom Shepherd Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Shepherd is starting from $795 at Ridgeview Apartments.
What is the most affordable Shepherd Three Bedroom Apartment?
The best deal on a cheap Shepherd Three Bedroom Apartment rental is at Castlerock Apartment Homes and starts from $1,510.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.