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 -
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 29 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.
Apartments in Montana under $500
Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $500?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 6 apartments for rent in Montana on which you’ll spend less than $500. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.
Rentals near you under $500
Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $500. The average rental size in Montana is 774 Sqft, but the $500 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.