Cheap Homes for Rent in Shepherd, MT from $700 (15 Rentals)

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Shepherd, MT Local Guide

Cheapest Available Shepherd Apartments for Rent and Nearby

 

The cheapest available apartment rental in Shepherd, 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 Shepherd 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

Best Value Apartments for Rent in Shepherd, MT and Nearby

As of March 25, 2025 the best value apartment in the Shepherd area is the $1.33 price per square foot 2 Bed/1.75 Bath Model at Brookshire Village Apartments in the in the West Central Billings neighborhood starting from $1,495. The second greatest value Shepherd apartment is the Two Bedroom Model at Inter Pointe starting at $1,590 with a $1.54 price per square foot in the West Central Billings neighborhood. Here is today’s list of the best values for Shepherd apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Brookshire Village Apartments2 Bed/1.75 Bath2BR,2BA$1.33
Inter PointeTwo Bedroom2BR,2BA$1.54
Olympic Village ApartmentsB2R2BR,1BA$1.46
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
The Place at Rimrock1 Bedroom1BR,1BA$1.36
Rockvue Lofts1 bed 1 bath1BR,1BA$1.54
The Place at North 24th1 Bedroom1BR,1BA$1.54

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Frequently Asked Questions about Shepherd

What type of rentals are currently available in Shepherd?

There are currently 49 Apartments for Rent in Shepherd, MT with pricing that ranges from $200 to $10,735. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shepherd ranging from $725 to $2,395.

What is the current price range for Rental Homes in Shepherd?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Shepherd ranges from $725 to $2,395 with an average monthly rent of $1,491.

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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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.

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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.