758 W G Rd
HuntleyMT59037
Cheap Homes for Rent near Shepherd, MT from $500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Shepherd.
4130 Arden Ave
BillingsMT59101
2004 10th Ave N
BillingsMT59101
2489 2nd St
WordenMT59088
1014 4th St W
BillingsMT59101
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
103 Alderson Ave
BillingsMT59101
1331 Lake Elmo Dr
BillingsMT59105
215 Jackson St
BillingsMT59101
130 Broadwater Ave
BillingsMT59101
1327 Panners Pl
BillingsMT59105
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Showing Results 1-10, 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 a home in Shepherd?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shepherd 2 Bedroom Homes for Rent | $1,480 | $775 | $2,600 |
| Shepherd 3 Bedroom Homes for Rent | $2,173 | $1,225 | $4,150 |
| Shepherd 4 Bedroom Homes for Rent | $2,370 | $1,295 | $3,500 |
Browse Top Homes for Rent in Shepherd
Explore Shepherd
Shepherd, MT Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $595. Rockvue Lofts in the North Side Billings neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $825. 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 | $595 |
| Rockvue Lofts | Small Studio | 2BR,1BA | $825 |
| 1141 28th St | 1 Beds | 1BR,1BA | $850 |
Best Value Apartments for Rent in Shepherd, MT and Nearby
As of August 08, 2026 the best value apartment in the Shepherd area is the $1.59 price per square foot Unit E - Three Bedrooms Model at Shiloh Commons in the in the West Central Billings neighborhood starting from $2,290. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shiloh Commons | Unit E - Three Bedrooms | 3BR,2BA | $1.59 |
| The Amber Townhomes 1 | Tri-Level 2 X 2.5 Townhome | 2BR,2.5BA | $1.64 |
| Inter Pointe | Three Bedroom | 3BR,2BA | $1.52 |
| Lordwith Apartments | Renovated 2 Bedroom 1 Bath | 2BR,1BA | $1.37 |
| Rocky Meadows Apartments | B1 | 2BR,2BA | $1.50 |
| Rimrock West Apartments | B1 | 2BR,1.5BA | $1.41 |
| Olympic Village Apartments | B1R | 2BR,1BA | $1.49 |
| Country Meadows Apartment Homes | A2 | 1BR,1BA | $1.59 |
| The Place at Rimrock | 2 Bedroom - Refresh | 2BR,1BA | $1.51 |
| 1141 28th St | 2 Beds | 2BR,1BA | $1.44 |
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 Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read Article
Quick 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.
Let everyone know!
Do you know the Shepherd area?
If you’re an expert on all things Shepherd, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 Shepherd
What type of rentals are currently available in Shepherd?
There are currently 55 Apartments for Rent in Shepherd, MT with pricing that ranges from $495 to $3,095. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shepherd ranging from $550 to $4,150.
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 $550 to $4,150 with an average monthly rent of $1,825.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.