Rental Market Trends in Montana
$1,389/month
Average Rent
-1.1%
Decrease in the Last Year
-$15
Average Price Decrease
Ranked 28th
Least Expensive Rent by State
3,158
Available Rentals
Butte, MT
City with the Lowest Rent
What is the average rent in Montana?
As of January 2026, the average rent in Montana is $1,389/month. When you rent an apartment in Montana, you can expect some variability depending on the region. For instance, metropolitan areas may have higher rents than smaller towns and rural areas. In general, you can expect to pay about $1,473 per month for a studio, $1,389 for a one-bedroom apartment, and around $1,690 for a two-bedroom apartment in Montana. If you opt for a three-bedroom rental, you could pay $2,082 or more.
Rent by City
What are the most affordable cities in Montana?
Based on current rent prices, the cheapest cities in Montana to live are Butte, Great Falls and Billings.
Nearby State Markets
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
State graphics provided by ProPublica
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