Cheap Apartments for Rent in Billings, MT from $500 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in Billings.

The Place at Rimrock

Ridgeview Apartments

1112 Sunnyside Ln

3838 State Ave

201 S 26th St

3510 5th Ave S

216 N 33rd St

Colton Heights Apartments

614 N 30th St

9805 Rudio Rd

2240 Monad Rd

309 S 33rd St

Highlands Apartments

Hoop Dreams

Inter Pointe

211 N 18th St

1609-1615 Glenhaven Dr

701 Howard Ave

Country Meadows Apartment Homes

605 Alderson Ave
Billings, MT Local Guide

How much does it cost to rent an apartment in Billings?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Billings Studio Apartments | $1,110 | $795 | $1,784 |
Cheap Billings 1 Bedroom Apartments | $1,259 | $600 | $2,505 |
Cheap Billings 2 Bedroom Apartments | $1,617 | $795 | $10,000+ |
Cheap Billings 3 Bedroom Apartments | $2,347 | $1,115 | $8,738 |
Cheap Billings 4 Bedroom Apartments | $1,895 | $1,895 | $1,895 |
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Billings, MT Local Guide

- Billings Neighborhoods
- Nearby Cities
- ZIP codes
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Cheapest Neighborhoods for Apartments in Billings, MT
Pricing Updated: 04/11/2025Current apartment rentals in the Billings, MT area range in price from $600 to $13,459 with an overall median price of $1,789. The three Billings neighborhoods with the lowest median rent pricing are South Side Billings at $600, North Side Billings at $600, and East Heights at $600. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Billings Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
South Side Billings | $1,362 | $600 | 47 |
North Side Billings | $1,375 | $600 | 40 |
East Heights | $1,377 | $600 | 25 |
Downtown Billings | $1,895 | $600 | 68 |
East Central Billings | $1,895 | $600 | 86 |
West Central Billings | $2,300 | $1,049 | 62 |
North Central Billings | $2,325 | $795 | 87 |
Cheapest Available Billings Apartments for Rent
 The cheapest available apartment rental in Billings, 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 Billings apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Place at North 24th | Studio | 1BR,1BA | $645 |
Ridgeview Apartments | Studio | 2BR,1BA | $795 |
Midway Apartments | 1 Bed/1 Bath | 1BR,1BA | $795 |
The Place at Lake Elmo | 1 Bedroom | 1BR,1BA | $850 |
Rockvue Lofts | Small Studio | Studio,1BA | $850 |
The Place at Rimrock | 1 Bedroom | 1BR,1BA | $895 |
Basking Ridge Apartments | 1 Bed/1 Bath | 1BR,1BA | $895 |
Colton Heights Apartments | Basic | 1BR,1BA | $900 |
Central Court Village | 1 Bedroom | 1 Bath | 1BR,1BA | $923 |
Highlands Apartments | 1 Bedroom 1 Bath-Highlands | 1BR,1BA | $995 |
Best Value Apartments for Rent in Billings, MT
As of April 11, 2025 the best value apartment in the Billings area is the $1.30 price per square foot C1 Model at Rimrock West Apartments in the in the North Central Billings neighborhood starting from $1,705. The second greatest value Billings apartment is the 2 Bed/1.75 Bath Model at Brookshire Village Apartments starting at $1,495 with a $1.33 price per square foot in the West Central Billings neighborhood. Here is today’s list of the best values for Billings apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Rimrock West Apartments | C1 | 3BR,2BA | $1.30 |
Brookshire Village Apartments | 2 Bed/1.75 Bath | 2BR,2BA | $1.33 |
Inter Urban | 2X2C | 2BR,2BA | $1.53 |
Lordwith Apartments | Classic 2 Bedroom 1 Bath | 2BR,1BA | $1.15 |
534 Hurdle Cir, Unit 436 | 534 Hurdle Cir | 2BR,1BA | $1.28 |
Olympic Village Apartments | B2R | 2BR,1BA | $1.45 |
Riverwalk Apartments | 2 BD/2 BA | 2BR,2BA | $1.44 |
237 Cape Cod Dr, Unit 1 | 237 Cape Cod Dr | 2BR,1BA | $1.39 |
Highlands Apartments | 1 Bedroom 1 Bath-Highlands | 1BR,1BA | $1.41 |
The Place at Rimrock | 1 Bedroom | 1BR,1BA | $1.36 |
Quick Rent Budget Calculator
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Billings Overview
Billings is the largest city in Montana. In spite of its large population, the city has a small town feel to it, with a strong sense of community that makes life in apartments in Billings wonderful. The economy offers a number of job opportunities and outdoor recreational opportunities abound, as it is surrounded by several mountain ranges.
Why live in Billings, MT?
Montana is very affordable with no sales tax. It’s also a great place to start your own business. The economy is growing at a rapid rate, and has done so since it’s very beginning. Jobs are abundant. People are very friendly, which really helps people feel at home here. For nature enthusiasts and outdoor adventurers, Billings has much to offer. From whitewater rafting to skiing and rappelling, there is something for everyone underneath the big blue skies of the “Magic City.”
Pet Friendly LifestyleBillings, MT
Ranked #121
Among cities in Montana for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Billings, MT
Central Heights School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Billings, MT
Walk Score®
44 / 100
Car-Dependent
Most errands require a car
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Billings Apartments
What is a cheap apartment in Billings?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Billings is under $995.
What is the price of a cheap apartment in Billings?
The cheapest apartment in Billings is The Place at North 24th which is listed at $645, while the average apartment in Billings costs $1,789.
What types of apartments are the cheapest in Billings?
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 19 regular apartments in Billings 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 Billings?
Cheap apartments in Billings have an average cost of $118 which is $1,671 cheaper than the average rent for all rentals in Billings.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.