Cheap Apartments for Rent in the Downtown Billings Neighborhood of Billings, MT from $500 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Billings area of Billings.

The Place at Rimrock

1211 Broadwater Ave, Unit 1211 Broadwater Ave, #2

1609 8th Ave N

1112 Sunnyside Ln

3838 State Ave

201 S 26th St

216 N 33rd St

3510 5th Ave S

Colton Heights Apartments
Downtown Billings, Billings, MT Local Guide

How much does it cost to rent an apartment in Downtown Billings?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Billings Studio Apartments | $1,903 | $875 | $5,591 |
Downtown Billings 1 Bedroom Apartments | $1,137 | $600 | $4,908 |
Downtown Billings 2 Bedroom Apartments | $1,477 | $200 | $10,000+ |
Downtown Billings 3 Bedroom Apartments | $2,846 | $1,115 | $8,738 |
Downtown Billings 4 Bedroom Apartments | $1,895 | $1,895 | $1,895 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the Downtown Billings Neighborhood of Billings, MT.
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Downtown Billings, Billings, MT Local Guide
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Cheapest Available Downtown Billings Apartments for Rent
 The cheapest available apartment rental in the Downtown Billings area of Billings, MT is a 2 Beds unit found at Rosepark Plaza Apartments priced from $200. The Place at North 24th has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Downtown Billings apartments for rent in Billings, MT:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Rosepark Plaza Apartments | 2 Beds, 1 bath | 2BR,1BA | $200 |
The Place at North 24th | 1 Bedroom | 1BR,1BA | $800 |
The Place at Lake Elmo | 1 Bedroom | 1BR,1BA | $850 |
The Place at Rimrock | 1 Bedroom | 1BR,1BA | $895 |
Rockvue Lofts | 1 bed 1 bath | 1BR,1BA | $995 |
Pinehurst Apartments | 2 Bed 1 Bath | 2BR,1BA | $1,050 |
Highlands Apartments | 2 Bedroom 1 Bath-Highlands | 2BR,1BA | $1,075 |
Colton Heights Apartments | 2 Bedroom - Small | 2BR,1BA | $1,100 |
Samuel Court | 1BR/1BA | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Downtown Billings, MT
As of March 26, 2025 the best value apartment in the Downtown 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 Downtown Billings apartment is the 2 BD/2 BA Model at Riverwalk Apartments starting at $1,295 with a $1.44 price per square foot in the North Side Billings neighborhood. Here is today’s list of the best values for Downtown Billings apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
32 Clark Ave, Unit Upper | 32 Clark Ave | 3BR,2BA | $1.06 |
Riverwalk Apartments | 2 BD/2 BA | 2BR,2BA | $1.44 |
Pinehurst Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.17 |
Rocky Meadows Apartments | A1 | 1BR,1BA | $1.52 |
Rosepark Plaza Apartments | 2 Beds, 1 bath | 2BR,1BA | $0.26 |
1211 Broadwater Ave, Unit 1211 Broadwater Ave, #2 | 1211 Broadwater Ave | 1BR,1BA | $1.14 |
The Place at Rimrock | 1 Bedroom | 1BR,1BA | $1.36 |
Rockvue Lofts | 1 bed 1 bath | 1BR,1BA | $1.54 |
The Place at North 24th | 1 Bedroom | 1BR,1BA | $1.54 |
The Place at Lake Elmo | 1 Bedroom | 1BR,1BA | $1.72 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Billings, Billings, MT
Ranked #4
Among neighborhoods in Billings, MT for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Downtown Billings, Billings, MT
School data provided by Great Schools
Best Local Schools in Downtown Billings, Billings, MT
School data provided by Great Schools
Getting Around the Downtown Billings Neighborhood in Billings, MT
Walk Score®
73 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
61 / 100
Bikeable
Some 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 Downtown Billings Apartments
What is the Cheapest Studio apartment in Downtown Billings?
Currently the most affordable Cheap Studio Apartment in Downtown Billings is at Ridgeview Apartments listed at $795.
How much is rent for a Cheap One Bedroom Downtown Billings Apartment?
The lowest price for a Cheap One Bedroom Downtown Billings Apartment is $795 at Ridgeview Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Billings Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Billings is starting from $200 at Rosepark Plaza Apartments.
What is the most affordable Downtown Billings Three Bedroom Apartment?
The best deal on a cheap Downtown 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.

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.