Cheap Homes for Rent in Shepherd, MT from $700 (15 Rentals)

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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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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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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 LoftsLarge StudioStudio,1BA$875
The Place at Rimrock1 Bedroom1BR,1BA$900
The Place at Lake Elmo1 Bedroom1BR,1BA$925

Best Value Apartments for Rent in Shepherd, MT and Nearby

As of August 31, 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 Tri-Level 2 X 2.5 Townhome Model at The Amber Townhomes 1 starting at $2,349 with a $1.64 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
The Amber Townhomes 1Tri-Level 2 X 2.5 Townhome2BR,2BA$1.64
Brookshire Village Apartments2 Bed/1.75 Bath2BR,2BA$1.33
Inter PointeTwo Bedroom2BR,2BA$1.55
Olympic Village ApartmentsB12BR,1BA$1.36
Rocky Meadows ApartmentsA11BR,1BA$1.65
1433 Wyoming Ave2 Bed/1.5 Bath2BR,1.5BA$1.31
Ridgeview Apartments1 Bed/1 Bath1BR,1BA$1.06
Rock Creek2 Bed / 1 Bath A2BR,1BA$1.68
The Place at Rimrock1 Bedroom1BR,1BA$1.37

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Shepherd, MT

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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 $5,294. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shepherd ranging from $725 to $10,000.

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 $725 to $10,000 with an average monthly rent of $2,458.

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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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.