Cheap Apartments for Rent in Billings, MT from $500 (50 Rentals)

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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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524 N 23rd St
Studio Apartments

524 N 23rd St

524 N 23rd 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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810 Crist Dr
1 Bedroom Apartments

810 Crist Dr

810 Crist DrBillings, MT 59105
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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 Apartments

307 S 28th St

307 S 28th StBillings, MT 59101
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Okerman Apartments
1 Bedroom Apartments

Okerman Apartments

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

4 Lewis Ave

4 Lewis AveBillings, MT 59101
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838 Avenue B
1 Bedroom Apartments

838 Avenue B

838 Avenue BBillings, MT 59102
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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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435 Lordwith Dr
1 Bedroom Apartments

435 Lordwith Dr

435 Lordwith DrBillings, MT 59102
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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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1905 Burnstead Dr
2 Bedroom Apartments

1905 Burnstead Dr

1905 Burnstead DrBillings, MT 59101
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Sandstone Place
2 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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1433 Wyoming Ave
2 Bedroom Apartments

1433 Wyoming Ave

1433 Wyoming AveBillings, MT 59102
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Shiloh Glen
Studio to 2 Bedroom Apartments

Shiloh Glen

3900 Olympic BlvdBillings, MT 59102
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1937 Clubhouse Way
2 Bedroom Apartments

1937 Clubhouse Way

1937 Clubhouse WayBillings, MT 59105
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Billings, MT Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Billings, MT

Pricing Updated: 03/21/2025

Current apartment rentals in the Billings, MT area range in price from $200 to $10,735 with an overall median price of $1,858. The three Billings neighborhoods with the lowest median rent pricing are East Heights at $600, South Side Billings at $600, and North Side Billings at $600. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Billings Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
East Heights$1,437$6001132
South Side Billings$1,512$6001674
North Side Billings$1,650$6001583
Downtown Billings$1,895$2003355
East Central Billings$1,895$2005944
West Central Billings$2,295$1,0495996
North Central Billings$2,325$2007683

Cheapest Available Billings Apartments for Rent

 

The cheapest available apartment rental in Billings, MT is a 2 Beds unit found at Rosepark Plaza Apartments in the North Central Billings neighborhood priced from $200. The Place at North 24th in the North Side Billings 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 Billings apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rosepark Plaza Apartments2 Beds, 1 bath2BR,1BA$200
The Place at North 24th1 Bedroom1BR,1BA$800
The Place at Lake Elmo1 Bedroom1BR,1BA$850
The Place at Rimrock1 Bedroom1BR,1BA$895
Central Court Village1 Bedroom | 1 Bath1BR,1BA$923
Colton Heights Apartments1.5 Bedroom1BR,1BA$925
Rockvue Lofts1 bed 1 bath1BR,1BA$995
Rock Creek1 Bed / 1 Bath1BR,1BA$1,025

Best Value Apartments for Rent in Billings, MT

As of March 21, 2025 the best value apartment in the Billings area is the $1.06 price per square foot 32 Clark Ave Model at 32 Clark Ave, Unit Upper in the in the North Side Billings neighborhood starting from $1,650. The second greatest value Billings apartment is the C1 Model at Country Meadows Apartment Homes starting at $1,760 with a $1.32 price per square foot in the North Central Billings neighborhood. Here is today’s list of the best values for Billings apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
32 Clark Ave, Unit Upper32 Clark Ave3BR,2BA$1.06
Country Meadows Apartment HomesC13BR,2BA$1.32
Olympic Village ApartmentsB2R2BR,1BA$1.47
Riverwalk Apartments2 BD/2 BA2BR,2BA$1.33
Pinehurst Apartments2 Bed 1 Bath2BR,1BA$1.17
Harvest Granger Apartments2 Bedroom / 1 Bath - 1st Floor2BR,1BA$1.45
Rosepark Plaza Apartments2 Beds, 1 bath2BR,1BA$0.26
1211 Broadwater Ave, Unit A1211 Broadwater Ave1BR,1BA$1.21
The Place at Rimrock1 Bedroom1BR,1BA$1.36
The Place at North 24th1 Bedroom1BR,1BA$1.54

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 Lifestyle
Billings, MT

Ranked #87

Among cities in Montana for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Billings, MT Rentals by Map

View MapBillings, MT Apartments MapView MapBillings, MT Rental Homes Map

Getting Around Billings, MT

Walk Score®

44 / 100

Car-Dependent

Most errands require a car

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Billings Apartments

What is the Cheapest Studio apartment in Billings?

Currently the most affordable Cheap Studio Apartment in Billings is at Hunter's Pointe listed at $1,150.

How much is rent for a Cheap One Bedroom Billings Apartment?

The lowest price for a Cheap One Bedroom Billings Apartment is $800 at The Place at North 24th.

What is the lowest price for a Cheap Two Bedroom Billings Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Billings is starting from $200 at Rosepark Plaza Apartments.

What is the most affordable Billings Three Bedroom Apartment?

The best deal on a cheap Billings Three Bedroom Apartment rental is at The Place at Rimrock and starts from $1,375.

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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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.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.

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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.