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 rent457 E. Rosebud Street, Forsyth, MT 59327In unit laundry
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Ask for PricingIncome restricted4.0 (7)1137 Montana St., Missoula, MT 59801In unit laundry • Dishwasher • Patio/Balcony
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Ask for PricingIncome restricted4.5 (3)1535 Liberty Lane, Missoula, MT 59808Parking • In unit laundry • Patio/Balcony
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Ask for pricingIncome restricted1071 Roadrunner Dr, Helena, MT 59602Extra Storage
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Ask for pricingIncome restricted4.0 (1)2550 Great Northern Ave, Missoula, MT 59808Dishwasher • Air conditioner • Extra Storage
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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 31 Jul 2026.
What are the best apartments in Montana?
The best apartments in Montana are: Copper Run at Reserve, Saddleview Apartment Homes, Yellowstone Landing, Ashlyn Place Apartments and Rock Creek.
What type of rental buildings are in Montana?
In Montana 31% of the housing is rented out compared to 69% of homes are owned, according to the most recent Census Bureau estimates. 6% of Montana's apartments are found in large buildings of 50 units or more, 52% are located in smaller apartment complexes with less than 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 6 available units in Montana, renting for under $500. On average, $235 can get you 713 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.