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Apartments for Rent in Missoula, MT under $500

Apartments for Rent in Missoula, MT under $500. 3 Rentals Available
3 Rentals Available
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    Income restricted
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    4.0 (7)
    1137 Montana St., Missoula, MT 59801
    In unit laundry • Dishwasher • Patio/Balcony
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    Income restricted
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    4.5 (3)
    1535 Liberty Lane, Missoula, MT 59808
    Parking • In unit laundry • Patio/Balcony
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    Income restricted
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    4.0 (1)
    2550 Great Northern Ave, Missoula, MT 59808
    Dishwasher • Air conditioner • Extra Storage
3-0-city

Frequently asked questions

When were prices and availability in Missoula, MT last updated?

Prices and availability in Missoula, MT were last updated on 4 Aug 2026.

What are the best apartments in Missoula, MT?
What type of rental buildings are in Missoula, MT?

In Missoula 53% of the housing is rented out compared to 47% of homes are owned, according to the most recent Census Bureau estimates. 11% of Missoula's apartments are found in large buildings of 50 units or more, 68% are located in smaller apartment complexes with less than 50 units, and 18% are single-family rentals.

Renting apartments in Missoula, MT under $500

Searching for apartments for rent in Missoula, MT under $500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Missoula, MT. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition.