Apartments for Rent in Billings, MT

Prices and availability in Billings, MT were last updated on 2 Oct 2026.

The best apartments in Billings, MT are: Avenue C Apartments, The Expo Apartments, Granite Peak, King West One Apartments and Highlands Apartments.

The average rent in Billings, MT is $1,465.

The price range for a studio apartment in Billings, MT is between $695 and $2,871.

The price range for a 1-bedroom apartment in Billings, MT is between $695 and $2,871.

The price range for a 2-bedroom apartment in Billings, MT is between $695 and $2,878.

The price range for a 3-bedroom apartment in Billings, MT is between $832 and $2,871.

In Billings 35% of the housing is rented out compared to 65% of homes are owned, according to the most recent Census Bureau estimates. 13% of Billings's apartments are found in large buildings of 50 units or more, 59% are located in smaller apartment complexes with less than 50 units, and 24% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Billings are about 26 years old, on average. Of these, 54% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 95% of the rental communities here are low-rise, garden-style communities, 3% are mid-rises, and 2% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Billings come in a range of sizes and floorplans. Studio apartments represent 3% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 41% of the total apartments in the city, while 2-bedroom floorplans represent around 48% of all rentals in Billings. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.