What is the average rent in Montana?
The average rent in Montana for August 2026 is $1,109, according to the most recent data from ApartmentList - July 31, 2026. The average rent of a 2-bedroom apartment in Montana is $1,115. The average rent of a 1-bedroom apartment in Montana is $871.
Compared to the national average of $1,388, Montana rent costs -20.1% less. Read our analysis of rents by state to see how Montana ranks.
Here's a look at how average rents have changed over time:
How Does Montana Rent Compare To The Rest Of The Country?
| Statistic | MT | USA | % Difference |
|---|---|---|---|
| Average Rent | $1,109 | $1,388 | -20.1% |
| M-o-M Change | $12 | $3 | 300.0% |
| Y-o-Y Change | $7 | -$15 | -146.7% |
| M-o-M % Change | 1.1% | 0.2% | - |
| Y-o-Y % Change | 0.6% | -1.1% | - |
Median Rent By Bedrooms In Montana
As you would expect, the median price for rent in Montana increases as the number of bedrooms in the unit increases. 1-Bedroom rent is the cheapest in Montana clocking in at $871, while a 2-bedroom rental will set you back $1,115 per month.
If you don't mind having roommates, the best option on a per room basis is a 2-bedroom rental for $557/room/month.
Read on to find out more or for more on Montana check out:
Month Over Month Montana Rent Statistics
Montana has experienced a $12 change in rent over the past month going from $1,097 to $1,109. That change comes out to 1.1%.
For reference, the US national average rent changed $3 in the past month or 0.2%.
Here's a look at the month over month change for each month since 2017 for Montana:
Year Over Year Montana Rent Statistics
Over the past year, the average rent in Montana changed $7 from $1,102 to $1,109. A change of $7 means that rents changed 0.6% in a year.
That compares to the US national change of -$15 in the past year or -1.1%.
Here's a look at the year over year change by month since 2017 for Montana:
The 10 Places With The Highest Rent In Montana
1. Manhattan
Population: 1,342
Median Rent: $1,029
More on Manhattan: Real Estate
Population: 43,132
Median Rent: $1,022
More on Bozeman: Data | Crime | Cost Of Living | Real Estate
Population: 7,070
Median Rent: $960
More on Whitefish: Data | Crime | Cost Of Living | Real Estate
4. Three Forks
Population: 2,046
Median Rent: $936
More on Three Forks: Real Estate
5. Red Lodge
Population: 2,349
Median Rent: $906
More on Red Lodge: Crime | Real Estate
Population: 6,491
Median Rent: $903
More on Sidney: Data | Crime | Cost Of Living | Real Estate
Population: 8,026
Median Rent: $900
More on Belgrade: Data | Crime | Cost Of Living | Real Estate
Population: 109,082
Median Rent: $883
More on Billings: Data | Crime | Cost Of Living | Real Estate
9. Colstrip
Population: 2,253
Median Rent: $875
More on Colstrip: Crime | Real Estate
10. East Helena
Population: 2,265
Median Rent: $852
More on East Helena: Crime | Real Estate
Learn More About Living In Montana
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