Cheap Apartments for Rent in Yellowstone County, MT from $400 (44 Rentals)

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

property at 7 Montana Ave

$725 - $795

Studio To 1 Bedroom Rentals

Available Now

7 Montana Ave

LaurelMT59044

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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220 N 24th St
1 to 2 Bedroom Apartments

220 N 24th St

220 N 24th StBillings, MT 59101
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3300 3rd Ave N
1 Bedroom Apartments

3300 3rd Ave N

3300 3rd Ave NBillings, MT 59101
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Acme Hotel Apartments
Studio to 2 Bedroom Apartments

Acme Hotel Apartments

107 N 28th StBillings, MT 59101
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1117 17th St W
2 Bedroom Apartments

1117 17th St W

1117 17th St WBillings, MT 59102
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524 N 23rd St
Studio to 1 Bedroom Apartments

524 N 23rd St

524 N 23rd StBillings, MT 59101
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Sage Tower Apartments
Studio to 1 Bedroom Apartments

Sage Tower Apartments

115 N 24th StBillings, MT 59101
Senior Living
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307 S 28th St
Studio to 2 Bedroom Apartments

307 S 28th St

307 S 28th StBillings, MT 59101
  • Utilities Included

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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Okerman Apartments
1 to 2 Bedroom Apartments

Okerman Apartments

23-27 Yellowstone AveBillings, MT 59101
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4 Lewis Ave
Studio to 1 Bedroom Apartments

4 Lewis Ave

4 Lewis AveBillings, MT 59101
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Fox Meadows
Studio to 3 Bedroom Apartments

Fox Meadows

2901 Monad RdBillings, MT 59102
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1521 10th St W
2 Bedroom Apartments

1521 10th St W

1521 10th St WBillings, MT 59102
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Ridgeview Apartments
Studio to 2 Bedroom Apartments

Ridgeview Apartments

1203 Broadwater AveBillings, MT 59102
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Midway Apartments
1 Bedroom Apartments

Midway Apartments

2020 Alderson AveBillings, MT 59102
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435 Lordwith Dr
1 to 2 Bedroom Apartments

435 Lordwith Dr

435 Lordwith DrBillings, 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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810 Crist Dr
1 Bedroom Apartments

810 Crist Dr

810 Crist DrBillings, MT 59105
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1905 Burnstead Dr
2 Bedroom Apartments

1905 Burnstead Dr

1905 Burnstead DrBillings, MT 59101
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Central Court Village
1 to 2 Bedroom Apartments

Central Court Village

78 27th St WBillings, MT 59102
Senior Living
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Sandstone Place
2 to 3 Bedroom Apartments

Sandstone Place

540-550 S 28th StBillings, MT 59101
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1201 Yellowstone Ave
2 Bedroom Apartments

1201 Yellowstone Ave

1201 Yellowstone AveBillings, MT 59102
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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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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
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1433 Wyoming Ave
2 to 3 Bedroom Apartments

1433 Wyoming Ave

1433 Wyoming AveBillings, MT 59102
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346 Bench
1 Bedroom Apartments

346 Bench

334 Bench BlvdBillings, MT 59105
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Showing Results 1-44, Page 1 of 1

Cheapest Available Yellowstone County Apartments for Rent

 

The cheapest available apartment rental in Yellowstone County, MT is a 1 Bed unit found at The Place at North 24th in the North Side Billings neighborhood priced from $595. The Place at Rimrock in the North Side Billings neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Yellowstone County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Place at North 24thStudio1BR,1BA$595
The Place at Rimrock1 Bedroom1BR,1BA$795
The Place at Lake Elmo1 Bedroom1BR,1BA$800
Rockvue LoftsSmall StudioStudio,1BA$850
1141 28th St1 Beds1BR,1BA$850
838 Avenue B1 BD 1 bath1BR,1BA$925
Highlands Apartments1 Bed | 1 Bath1BR,1BA$995

Best Value Apartments for Rent in Yellowstone County, MT

As of April 27, 2026 the best value apartment in the Yellowstone County area is the $1.26 price per square foot Elk Horn Model at Farmstead Townhomes in the in the West Central Billings neighborhood starting from $3,095. The second greatest value Yellowstone County apartment is the 522 Woodland Ave Model at 522 Woodland Ave starting at $1,500 with a $1.25 price per square foot . Here is today’s list of the best values for Yellowstone County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Farmstead TownhomesElk Horn3BR,2.5BA$1.26
522 Woodland Ave522 Woodland Ave3BR,2BA$1.25
Brookshire Village Apartments2 Bed/1.75 Bath2BR,2BA$1.28
Lordwith ApartmentsRenovated 2 Bedroom 1 Bath2BR,1BA$1.27
1584 Governors Blvd, Unit #61584 Governors Blvd2BR,1BA$1.00
1200 Avenue C, Unit B1200 Avenue C2BR,1BA$1.20
1221 Yellowstone Ave, Unit #A1221 Yellowstone Ave2BR,1BA$1.08
2316 Alderson Ave, Unit #32316 Alderson Ave2BR,1BA$1.09
1937 Clubhouse Way2 Bed/1 Bath2BR,1BA$1.30
The Place at Rimrock1 Bedroom1BR,1BA$1.21

Frequently Asked Questions about Cheap Yellowstone County Apartments

What is a cheap apartment in Yellowstone County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Yellowstone County is under $995.

What is the price of a cheap apartment in Yellowstone County?

The cheapest apartment in Yellowstone County is The Place at North 24th which is listed at $595, while the average apartment in Yellowstone County costs $2,150.

What types of apartments are the cheapest in Yellowstone County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Yellowstone County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Yellowstone County?

Cheap apartments in Yellowstone County have an average cost of $382 which is $1,768 cheaper than the average rent for all rentals in Yellowstone County.

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

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.