Cheap Homes for Rent in Yellowstone County, MT from $500 (20 Rentals)

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

property at 743 Wyoming Ave

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom, 2 Bath Townhome for Rent

Available Now

743 Wyoming Ave

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.

property at 1526 Lake Elmo Dr

$1,219 - $1,408

Total Monthly Price

Total Monthly Price

Base Rent
$1,219 - $1,408

Total Monthly Price
$1,219 - $1,408

1 To 2 Bedroom Condos for Rent

Available Aug 5

1526 Lake Elmo Dr

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 1522 18th St W

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

1522 18th St W

BillingsMT59102

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 Lake Elmo in the East Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. 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 Lake Elmo1 Bedroom1BR,1BA$800
1141 28th St1 Beds1BR,1BA$850
Rockvue Lofts2 bed 1 bath2BR,1BA$865
The Place at Rimrock1 Bedroom1BR,1BA$895

Best Value Apartments for Rent in Yellowstone County, MT

As of July 29, 2026 the best value apartment in the Yellowstone County area is the $1.05 price per square foot 1229 Hawthorne Ln Model at 1229 Hawthorne Ln, Unit 1229 in the in the East Heights neighborhood starting from $2,300. The second greatest value Yellowstone County apartment is the Renovated 2 Bedroom 1 Bath Model at Lordwith Apartments starting at $1,450 with a $1.37 price per square foot in the North Side Billings neighborhood. 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.
1229 Hawthorne Ln, Unit 12291229 Hawthorne Ln4BR,2BA$1.05
Lordwith ApartmentsRenovated 2 Bedroom 1 Bath2BR,1BA$1.37
Brush MeadowsThree Bedroom Two Bathroom3BR,2BA$1.13
2316 Alderson Ave, Unit #32316 Alderson Ave2BR,1BA$1.01
Olympic Village ApartmentsB22BR,1BA$1.40
1542 Governors Blvd, Unit #31542 Governors Blvd2BR,1BA$1.09
Rockvue Lofts2 bed 1 bath2BR,1BA$1.12
1141 28th St2 Beds2BR,1BA$1.44
The Place at Rimrock1 Bedroom1BR,1BA$1.36
711 Avenue B711 Avenue B1BR,1BA$1.42

Frequently Asked Questions about Yellowstone County

What type of rentals are currently available in Yellowstone County?

There are currently 227 Apartments for Rent in Yellowstone County, MT with pricing that ranges from $495 to $3,095. There are also 68 Single Family Homes for rent, Condos, and Townhome rentals currently available in Yellowstone County ranging from $550 to $3,995.

What is the current price range for Rental Homes in Yellowstone County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Yellowstone County ranges from $550 to $3,995 with an average monthly rent of $1,947.

How much are larger Three and Four Bedroom Rentals in Yellowstone County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Yellowstone County range from $1,250 to $3,095, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $3,995. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $1,495.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.