Cheap Homes for Rent in Shepherd, MT from $900 (16 Rentals)

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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.

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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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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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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 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 ListingModel NameBed/BathPriced From
The Place at North 24thStudio1BR,1BA$645
Ridgeview ApartmentsStudio2BR,1BA$795
Rockvue LoftsSmall Studio2BR,1BA$865
Highlands Apartments1 Bedroom 1 Bath-Madison1BR,1BA$895
The Place at Rimrock1 Bedroom1BR,1BA$900

Best Value Apartments for Rent in Shepherd, MT and Nearby

As of October 16, 2025 the best value apartment in the Shepherd area is the $1.46 price per square foot Wild Rose Model at Farmstead Townhomes in the in the West Central Billings neighborhood starting from $2,795. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Farmstead TownhomesWild Rose3BR,2BA$1.46
Brookshire Village Apartments2 Bed/1.75 Bath2BR,2BA$1.28
Lordwith ApartmentsRenovated 2 Bedroom 1 Bath2BR,1BA$1.41
1433 Wyoming Ave3 Bed/1.5 Bath3BR,1.5BA$1.20
Rimrock West ApartmentsB12BR,1.5BA$1.36
Olympic Village ApartmentsB12BR,1BA$1.29
1410 Lake Elmo Dr2 Bed/1 Bath2BR,1BA$1.22
Ridgeview Apartments1 Bed/1 Bath1BR,1BA$1.06
The Place at Rimrock1 Bedroom1BR,1BA$1.37
Highlands Apartments1 Bedroom 1 Bath-Madison1BR,1BA$1.38

The 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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Frequently Asked Questions about Shepherd

What type of rentals are currently available in Shepherd?

There are currently 51 Apartments for Rent in Shepherd, MT with pricing that ranges from $600 to $5,589. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shepherd ranging from $925 to $3,500.

What is the current price range for Rental Homes in Shepherd?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Shepherd ranges from $925 to $3,500 with an average monthly rent of $1,811.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.