Montana Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Montana is $1,714, a 0.03% decrease compared to the previous year, when the average rent was $1,714.
Average rent in Montana
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,714 | 889 sq. ft. |
Montana rent trends
What's the typical rent budget in Montana?
The largest share of rentals in Montana (42%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Montana?
138,417 or 31% of the households in Montana are renter-occupied while 314,266 or 69% are owner-occupied.
How Montana Compares to Other States
| State | Average Rent | Average Apartment Size |
|---|---|---|
| Alabama | $1,315 | 992 sq. ft. |
| Arizona | $1,573 | 862 sq. ft. |
| Arkansas | $1,133 | 895 sq. ft. |
| California | $2,638 | 854 sq. ft. |
| Colorado | $1,841 | 876 sq. ft. |
| Connecticut | $2,119 | 895 sq. ft. |
| Delaware | $1,687 | 919 sq. ft. |
| District of Columbia | $2,498 | 747 sq. ft. |
| Florida | $1,970 | 982 sq. ft. |
| Georgia | $1,642 | 1,025 sq. ft. |
| Idaho | $1,657 | 928 sq. ft. |
| Illinois | $2,021 | 838 sq. ft. |
| Indiana | $1,313 | 907 sq. ft. |
| Iowa | $1,236 | 898 sq. ft. |
| Kansas | $1,306 | 909 sq. ft. |
| Kentucky | $1,321 | 936 sq. ft. |
| Louisiana | $1,267 | 923 sq. ft. |
| Maryland | $1,885 | 906 sq. ft. |
| Massachusetts | $2,849 | 881 sq. ft. |
| Michigan | $1,396 | 920 sq. ft. |
| Minnesota | $1,625 | 892 sq. ft. |
| Mississippi | $1,305 | 1,005 sq. ft. |
| Missouri | $1,330 | 901 sq. ft. |
| Montana | $1,714 | 889 sq. ft. |
| Nebraska | $1,340 | 933 sq. ft. |
| Nevada | $1,536 | 908 sq. ft. |
| New Hampshire | $2,181 | 879 sq. ft. |
| New Jersey | $2,419 | 868 sq. ft. |
| New Mexico | $1,406 | 831 sq. ft. |
| New York | $2,250 | 898 sq. ft. |
| North Carolina | $1,550 | 976 sq. ft. |
| North Dakota | $1,159 | 966 sq. ft. |
| Ohio | $1,326 | 901 sq. ft. |
| Oklahoma | $1,063 | 858 sq. ft. |
| Oregon | $1,753 | 844 sq. ft. |
| Pennsylvania | $1,778 | 890 sq. ft. |
| Rhode Island | $2,211 | 923 sq. ft. |
| South Carolina | $1,613 | 1,015 sq. ft. |
| South Dakota | $1,182 | 913 sq. ft. |
| Tennessee | $1,529 | 949 sq. ft. |
| Texas | $1,451 | 890 sq. ft. |
| Utah | $1,622 | 927 sq. ft. |
| Virginia | $1,972 | 923 sq. ft. |
| Washington | $2,043 | 830 sq. ft. |
| Wisconsin | $1,582 | 917 sq. ft. |
Popular Cities in Montana
- Apartments in Billings $1,501
- Apartments in Bozeman $2,154
- Apartments in Butte $804
- Apartments in Great Falls $1,513
- Apartments in Helena $1,712
- Apartments in Kalispell $1,517
- Apartments in Missoula $1,661
- Apartments in Sidney $1,068
- Apartments in Whitefish $1,744
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Montana apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.