Apartments & Condos for Rent in Montana

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What to Know About

Living in Montana

Montana is renowned for its breathtaking landscapes and diverse wildlife. Get ready to embark on an adventure and explore the natural beauty of Yellowstone National Park, Grand Teton National Park, Glacier National Park, Flathead Lake, and the Beartooth Mountains, which will leave you mesmerized. Discover Montana's rich history at museums like the Montana Historical Society Museum and the C.M. Russell Museum, providing a glimpse into the state's cultural heritage, or further your education at major universities like Montana State University, the University of Montana, and Rocky Mountain College, offering many academic opportunities.

Montana's economy thrives, powered by agriculture, mining, and tourism, making it a hub of opportunity. As a result, the state offers endless opportunities for outdoor recreation, from skiing and snowboarding at Big Sky and Whitefish to fishing, hiking, and camping in the summer. Explore famous attractions like the Lewis and Clark Trail, the Little Bighorn Battlefield National Monument, and the Museum of the Rockies, each providing a unique glimpse into Montana's history and culture.

With its picturesque landscapes and thriving economy, Montana is an ideal place for those who relish outdoor adventures and a distinct western lifestyle, making it a great place to call home.

Rental Market Trends

Montana

As of April 2025, Montana's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Montana's average rent is 10.1% ($181) lower than the U.S. average of $1,799.

Average Rent
$1,618
Monthly ChangeMonth Over Month Change
Decreased2.7% ($45)
Yearly ChangeYear Over Year Change
Increased1.4% ($22)
Avg. Days on MarketAverage Days on Market
39
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,445 Increased2.2% ($31) Increased20.5% ($246)
2 Beds $1,734 Increased5.2% ($85) Increased10.4% ($164)
3 Beds $2,401 Increased2.6% ($60) Increased8% ($177)
Top Markets in Montana Average Rent Avg. Rent vs. MTAverage Rent vs. Montana Avg. Days on MarketAverage Days on Market
Bozeman $2,481 Increased53.3% ($863) 29 days
Billings $1,609 Decreased0.6% ($9) 31 days
Missoula $1,314 Decreased18.8% ($304) 34 days
Belgrade $1,862 Increased15.1% ($244) 50 days
Great Falls $1,212 Decreased25.1% ($406) 35 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Montana Rental Market FAQs

Explore rental prices, market trends, and availability in Montana.

The average rent in Montana is $1,618 per month.
Apartments in Montana typically rent for between $1,012 and $3,121 per month, with an average of $1,618 per month.
In Montana, the average rent for a 1-bedroom apartment is $1,445 per month, for a 2-bedroom apartment, $1,734 per month, and a 3-bedroom apartment is $2,401 per month.
The average rent in Montana is 10.1% ($181) lower than the national average of $1,799 per month.
The average rent in Montana has decreased by 2.7% ($45) in the last month and increased by 1.4% ($22) over the past year.
The rental market in Montana, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Montana, the average rental stays on the market for approximately 39 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
Based on the current averages, a household would need an annual income of $69,360 to comfortably afford a 2-bedroom apartment in Montana.
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