Cheap Apartments for Rent in Shepherd, MT from $600 (41 Rentals)

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Search the lowest-cost Apartments available for rent right now in Shepherd.

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.

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307 S 28th St
1 Bedroom Apartments

307 S 28th St

307 S 28th StBillings, MT 59101
  • Utilities Included
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4 Lewis Ave
Studio Apartments

4 Lewis Ave

4 Lewis AveBillings, MT 59101
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838 Avenue B
1 Bedroom Apartments

838 Avenue B

838 Avenue BBillings, MT 59102
  • Utilities Included

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.

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3 7th St. West
2 Bedroom Apartments

3 7th St. West

3 7th St WBillings, MT 59101
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1410 Lake Elmo Dr
2 Bedroom Apartments

1410 Lake Elmo Dr

1410 Lake Elmo DrBillings, MT 59105
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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813 Dreamers Loop
1 Bedroom Apartments

813 Dreamers Loop

839 Dreamers LoopBillings, MT 59105
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Samuel Court
1 Bedroom Apartments

Samuel Court

601 Samuel CtBillings, MT 59105
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Bench Apartments
1 Bedroom Apartments

Bench Apartments

927 Bench BlvdBillings, MT 59105

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Central Court Village
1 Bedroom Apartments

Central Court Village

78 27th St WBillings, MT 59102
Senior Living
  • Utilities Included
Showing Results 1-41, Page 1 of 1

Shepherd, MT Local Guide

Cheapest Available Shepherd Apartments for Rent and Nearby

 

The cheapest available apartment rental in Shepherd, MT is a 1 Bed unit found at 307 S 28th St in the North Side Billings neighborhood priced from $695. The Place at North 24th in the North Side Billings neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Shepherd apartments for rent:

Apartment ListingModel NameBed/BathPriced From
307 S 28th St1 Bed/1 Bath1BR,1BA$695
The Place at North 24th1 Bedroom1BR,1BA$775
Ridgeview ApartmentsStudio2BR,1BA$795
Rockvue LoftsSmall StudioStudio,1BA$850
The Place at Rimrock1 Bedroom1BR,1BA$900
810 Crist Dr1 Bed/1 Bath1BR,1BA$975
1433 Wyoming Ave2 Bed/1.5 Bath2BR,1BA$995
Eastwood Apartments2 Bed/1 Bath2BR,1BA$995
Central Court Village1 Bedroom | 1 Bath1BR,1BA$1,108
Samuel Court1BR/1BA1BR,1BA$1,150

Best Value Apartments for Rent in Shepherd, MT and Nearby

As of July 26, 2025 the best value apartment in the Shepherd area is the $1.64 price per square foot Tri-Level 2 X 2.5 Townhome Model at The Amber Townhomes 1 in the in the West Central Billings neighborhood starting from $2,349. The second greatest value Shepherd 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 Shepherd apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Amber Townhomes 1Tri-Level 2 X 2.5 Townhome2BR,2BA$1.64
Inter PointeThree Bedroom3BR,2BA$1.52
Rimrock West ApartmentsB12BR,1.5BA$1.42
Olympic Village ApartmentsB12BR,1BA$1.42
1433 Wyoming Ave2 Bed/1.5 Bath2BR,1.5BA$1.24
Castlerock Apartment HomesB12BR,1BA$1.63
Ridgeview Apartments1 Bed/1 Bath1BR,1BA$1.06
Eastwood Apartments2 Bed/1 Bath2BR,1BA$1.33
The Place at Rimrock1 Bedroom1BR,1BA$1.37
The Place at North 24th1 Bedroom1BR,1BA$1.49

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Best Local Schools in
Shepherd, MT

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Remember the 3 Rules of Real Estate:
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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 $695 at 307 S 28th St.

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 The Place at Rimrock and starts from $1,250.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.