Average Rent in Montana

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Current Versus Historical Montana Rents

Montana rentals average $193 for a studio rental to $5,900 for a 4-bedroom rental. The median price of all currently available listings is $2,435, or roughly $20 per square feet.
For the apartment units and housing in June 2026, median rents have risen substantially over the last year. Studio rentals prices have decreased by $433 (-69.24%) year-over-year from $626 to $193. 1-bedroom rentals prices have increased by $68 (10.46%) year-over-year from $650 to $718. 2-bedroom rentals prices have increased by $1,302 (114.85%) year-over-year from $1,133 to $2,435. 3-bedroom rentals prices have increased by $333 (13.38%) year-over-year from $2,492 to $2,825. 4-bedroom rentals prices have decreased by $1,217 (-29.55%) year-over-year from $4,117 to $2,900. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 20.07% this month. 1-bedroom rents have gone down by 9.04% this month. 2-bedroom rents have gone up by 11.19% this month. 3-bedroom rents have gone up by 0.89% this month. 4-bedroom rents have gone up by 1.81% this month.
Beds
Price / Sqft
Jun 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $8.40 $193 $626 (-69.24%) $603 (-68.09%)
1 BR N/A $718 $650 (10.46%) $1,128 (-36.34%)
2 BR $19.90 $2,435 $1,133 (114.85%) $1,617 (50.62%)
3 BR $14.35 $2,825 $2,492 (13.38%) $2,253 (25.37%)
4+ BR $25.08 $2,900 $4,117 (-29.55%) $2,681 (8.18%)

Historical Rents in Montana

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Montana

There are a total of 17 cities nearby Montana. The average rent in Montana is currently $1,650 per month. A total of 14 cities nearby have an average rent lower than that. Our records show that St. Paul, MN, with an average rent of $1,050, is the most affordable city nearby. In contrast, the most expensive city near Montana is San Francisco, CA. Monthly rents here are on average $4,440 per month.

Let's compare Montana's rent against other top cities nearby by bedroom size. Typically, rent for studios in Montana is 416.88% more affordable than other cities nearby. One bedrooms are about 76.18% more affordable. Two bedrooms in Montana are about 26.63% more expensive. Finally, rent for three bedrooms are about 17.70% more expensive. Want more information? Check out the top 10 cities out of 17 total cities near Montana in the following table.
City Studio 1 Bed 2 Bed All
Pocatello, ID $700 $625 $999 $1,050
Lakewood, CO $1,025 $1,265 $1,408 $1,425
Westminster, CO $995 $1,210 $1,787 $1,475
Boise City, ID $483 $1,200 $1,403 $1,615
Denver, CO $1,427 $1,275 $1,900 $1,630
Portland, OR $1,145 $1,395 $1,695 $1,650
Salt Lake City, UT $1,599 $1,675 $1,800 $1,799
Aurora, CO $875 $1,100 $1,850 $1,800
Seattle, WA $1,613 $2,257 $3,024 $2,212
Mount Vista, WA N/A $2,314 $2,520 $2,401

Top Neighborhoods Near Montana

There are a total of 8 neighborhoods in or near Montana. Some of these neighborhoods include Capitol Hill, Central City, and Fisher's Landing East. We've included all of these top 8 neighborhoods in or near Montana in the following table.

The average rent for these 8 neighborhoods in or near Montana is currently around $2,062 per month. A total of 5 neighborhoods have a lower average rent. Meaning, only three neighborhoods have a higher average rent than $2,062. Interestingly, the neighborhoods' average rent is less than Montana's average rent, which is actually $2,435. Out of all the neighborhoods in or near Montana, Capitol Hill has the most affordable average rent at $1,025 per month. Whereas, at $4,688 average rent per month, South of Market is the most expensive neighborhood in or near Montana. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Capitol Hill, Denver, CO $900 $1,070 $1,299 $1,025
Central City, Salt Lake City, UT $1,599 $1,675 $2,699 $1,600
Fisher's Landing East, Vancouver, WA N/A $1,918 $2,819 $1,918
Old Westport, Kansas City, MO $1,559 $1,993 $3,265 $1,972
Kerns, Portland, OR $1,794 $2,193 $3,477 $2,152
Central Business District, Seattle, WA $2,020 $2,695 $3,641 $2,440
South-Lake Union, Seattle, WA $2,151 $2,463 $3,636 $2,481
South of Market, San Francisco, CA $4,060 $4,508 $6,675 $4,688

Top Counties Near Montana

There are a total of 27 counties located by Montana. Some of these counties include Bannock, ID, Lane, OR, and Canyon, ID. The average rent for rentals in these counties is $1,873. That's roughly around $22 per sqft. A total of 23 counties have a lower average rent. The county that is the most affordable is St. Paul, MN. Its average rent per month is $1,050. Vice versa, with an average rent of $4,440, San Francisco, CA is the most expensive county by Montana.

Typically, rent for studios in Montana is 416.88% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Montana is 77.58% more affordable than other counties nearby. Finally, rent for two bedrooms in Montana is 32.24% more expensive than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Bannock, ID $750 $625 $1,000 $1,050
Lane, OR $995 $1,150 $1,380 $1,250
Canyon, ID $513 $995 $1,400 $1,410
Multnomah, OR $1,145 $1,398 $1,650 $1,650
Salt Lake, UT $1,599 $1,450 $1,550 $1,884
Ada, ID $483 $1,200 $1,403 $1,895
Pierce, WA $1,125 $1,323 $1,983 $1,895
Utah, UT $900 $1,055 $1,350 $2,100
King, WA $1,708 $2,281 $2,863 $2,285
Snohomish, WA $800 $1,820 $2,260 $2,299

Top Zipcodes Near Montana

There are a total of 6 zipcodes in or near Montana. The average rent for all of these zipcodes is $2,078. A total of 5 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 80203, Denver, CO at $1,058 per month. In comparison, the zipcode with the most expensive average rent of $2,440 per month is 98101, Seattle, WA.

Studios in these zipcodes have an average rent of $1,622. That's at least $40 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Montana is $2,070 per month. Or in other words, $34 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,807 per month. Which comes out to $33 per sqft. The following table includes the top 6 zipcodes in Montana. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
98109, Seattle, WA $2,119 $2,395 $3,373 $2,427
98101, Seattle, WA $2,020 $2,695 $3,641 $2,440
84101, Salt Lake City, UT $1,419 $1,884 $2,549 $1,959
98122, Seattle, WA $1,825 $2,256 $3,064 $2,196
80203, Denver, CO $900 $1,099 $1,699 $1,058
80220, Denver, CO $1,365 $1,595 $2,418 $1,820

Frequently Asked Questions - Montana Average Rents

What is the average rent price in Montana?
The average monthly rental price for Montana apartments for rent is approximately $2,435. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Montana rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Montana.
How much is a studio apartment in Montana?
The average monthly rental price for studio apartments is $193 and an average price per square feet of $8.40. There are a total of 2 studio apartment listings currently available for rent in Montana.
How much is a one bedroom apartment in Montana?
The average monthly rental price for one bedroom apartments is $718. There are a total of 5 one bedroom apartment listings currently available for rent in Montana.
How much is a two bedroom apartment in Montana?
The average monthly rental price for two bedroom apartments is $2,435 and an average price per square feet of $19.90. There are a total of 8 two bedroom apartment listings currently available for rent in Montana.
How have rent prices in Montana changed this year?
Rent prices for rentals in Montana can fluctuate yearly. Specifically, studio rental prices have changed by -0.69%, one bedroom rental prices have changed by 0.10%, two bedroom rental prices have changed by 1.15%, three bedroom rental prices have changed by 0.13% year-over-year.
What is a reasonable rent price in Montana?
A reasonable rent price in Montana is around $1,948/month. You can search for these reasonably priced rental listings on RentHop.
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