Missoula, MT 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 Missoula is $1,661, a 6.03% increase compared to the previous year, when the average rent was $1,566.
Studio Apartments at $1,047 offer the most budget-friendly option with 425 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 645 square feet for $1,390, balancing privacy and affordability.
Two-beedroom units at $1,725 offer 944 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,190 sq ft) for $2,179, suitable for larger households.
Average rent in Missoula, MT
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,661 | 833 sq. ft. |
| Studio | $1,047 | 425 sq. ft. |
| 1 Bed | $1,390 | 645 sq. ft. |
| 2 Beds | $1,725 | 944 sq. ft. |
| 3 Beds | $2,179 | 1,190 sq. ft. |
Missoula, MT rent trends
Rental prices in Missoula, MT have increased by 6.03% over the past year. The average rent moved from $1,566 to $1,661.
What's the typical rent budget in Missoula, MT?
The largest share of rentals in Missoula, MT (45%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Missoula, MT?
17,736 or 52% of the households in Missoula, MT are renter-occupied while 16,222 or 48% are owner-occupied.
Average Rent in Missoula, MT By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Missoula City | $1,652 |
How Missoula Compares to Other Cities
| City | Average Rent |
|---|---|
| Missoula | $1,661 |
| Billings | $1,501 |
| Bozeman | $2,154 |
| Kalispell | $1,517 |
| Great Falls | $1,513 |
| Helena | $1,712 |
| Whitefish | $1,744 |
| Sidney | $1,068 |
| Butte | $804 |
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 Missoula 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.