Apartments for Rent in Montana under $500
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Only 1 unit left2 bd $235Base rent1001 Coutts Ave, Red Lodge, MT 59068Apply online • Pet friendly
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Studio $4201 bd $465Base rent475 E. Rosebud Street, Forsyth, MT 59327Laundry Facilities
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Studio $4201 bd $465Base rent457 E. Rosebud Street, Forsyth, MT 59327Laundry Facilities
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1 bd $400+Base rent520 2Nd Ave S (HOLDS), Great Falls, MT 59405Pet friendly
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Ask for pricingIncome restricted4.0 (1)2550 Great Northern Ave, Missoula, MT 59808Dishwasher • Air conditioner • Extra Storage
- 5-0-state
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Frequently asked questions
When were prices and availability in Montana last updated?
Prices and availability in Montana were last updated on 11 Nov 2026.
What are the best apartments in Montana?
The best apartments in Montana are: Yellowstone Landing, Copper Run at Reserve, Avenue C Apartments, Saddleview Apartment Homes and Bluebunch Flats.
What type of rental buildings are in Montana?
In Montana, 31% of the residents are renting compared to 69% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 6% of Montana's rentals, 52% are small-scale complexes with under 50 units, and 34% are single-family rentals.
Your search for apartments in Montana under $500 stops here
Finding apartments for rent in Montana for less than $500 has never been so easy! At RentCafe nice cheap apartments are just one click away. There are currently 5 available units in Montana, renting for under $500. On average, $235 can get you 629 Sqft in this area. Be sure to search for the apartment that is best for you. Under “More”, check the amenities that you consider a must-have, and don’t forget to look at the pet policy. Fitness enthusiasts can even check the Fitness Center box. Whether you are looking for studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, you are sure to find one that will make you want to move in right away.
We’ll help you find the best rental near you
Having to compromise on either price or location can turn your “apartments near me under $500” search into a nightmare. At RentCafe we recognize the importance of both. Therefore, we offer a variety of filters that can help you find exactly what you want. Sorting the results by rent, ascending, will make the cheapest units show up first on the list. Try it out! You will find that right now the cheapest apartment under $500 in Montana goes for $235 per month. If some of the results are outside the area of your choice, you can go to the left side of the screen and draw a radius or a polygon around your location. Now you will only see results that are relevant to you.