Average Rent in Montana

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Current Versus Historical Montana Rents

Montana rentals average $650 for a studio rental to $6,599 for a 4-bedroom rental. The median price of all currently available listings is $1,930, or roughly $26 per square feet.
For the apartment units and housing in September 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $212 (48.29%) year-over-year from $438 to $650. 1-bedroom rentals prices have increased by $173 (18.55%) year-over-year from $934 to $1,108. 2-bedroom rentals prices have increased by $362 (24.06%) year-over-year from $1,503 to $1,865. 3-bedroom rentals prices have increased by $642 (27.21%) year-over-year from $2,358 to $3,000. 4-bedroom rentals prices have increased by $3,474 (111.17%) year-over-year from $3,125 to $6,599. 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 up by 8.33% this month. 1-bedroom rents have gone up by 6.23% this month. 2-bedroom rents have gone up by 11.23% this month. 3-bedroom rents have gone up by 12.15% this month. 4-bedroom rents have gone up by 18.42% this month.
Beds
Price / Sqft
Sep 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $86.74 $650 $438 (48.29%) $517 (25.81%)
1 BR $26.15 $1,108 $934 (18.55%) $1,106 (0.15%)
2 BR $26.25 $1,865 $1,503 (24.06%) $1,594 (16.99%)
3 BR $19.61 $3,000 $2,358 (27.21%) $2,233 (34.33%)
4+ BR $22.63 $6,599 $3,125 (111.17%) $2,739 (140.91%)

Historical Rents in Montana

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Montana

There are a total of 15 cities nearby Montana. The average rent in Montana is currently $1,675 per month. A total of 11 cities nearby have an average rent lower than that. Our records show that Pocatello, ID, with an average rent of $995, is the most affordable city nearby. In contrast, the most expensive city near Montana is San Francisco, CA. Monthly rents here are on average $4,500 per month.

Let's compare Montana's rent against other top cities nearby by bedroom size. Typically, rent for studios in Montana is 101.46% more affordable than other cities nearby. One bedrooms are about 5.02% more expensive. Two bedrooms in Montana are about 11.53% more expensive. Finally, rent for three bedrooms are about 22.30% more expensive. Want more information? Check out the top 10 cities out of 15 total cities near Montana in the following table.
City Studio 1 Bed 2 Bed All
Pocatello, ID $650 $365 $938 $995
Lakewood, CO $1,310 $1,295 $1,399 $1,399
Boise City, ID $850 $1,173 $1,400 $1,595
Denver, CO $1,500 $1,249 $1,750 $1,635
Portland, OR $1,630 $1,535 $1,850 $1,675
Colorado Springs, CO $860 $950 $1,285 $1,698
Aurora, CO $812 $1,050 $1,575 $1,715
Salt Lake City, UT $1,599 $1,495 $2,095 $1,750
Seattle, WA $1,629 $2,309 $3,100 $2,308
Mount Vista, WA N/A $2,314 $2,520 $2,401

Top Neighborhoods Near Montana

There are a total of 5 neighborhoods in or near Montana. Some of these neighborhoods include Central City, Fisher's Landing East, and Old Westport. We've included all of these top 5 neighborhoods in or near Montana in the following table.

The average rent for these 5 neighborhoods in or near Montana is currently around $1,972 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only three neighborhoods have a higher average rent than $1,972. Interestingly, the neighborhoods' average rent is higher than Montana's average rent, which is only $1,930. Out of all the neighborhoods in or near Montana, Central City has the most affordable average rent at $1,599 per month. Whereas, at $5,132 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
Central City, Salt Lake City, UT $899 $1,675 $2,699 $1,599
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
South of Market, San Francisco, CA $4,155 $4,729 $6,229 $5,132

Top Counties Near Montana

There are a total of 26 counties located by Montana. Some of these counties include Bannock, ID, Multnomah, OR, and Salt Lake, UT. The average rent for rentals in these counties is $1,848. That's roughly around $20 per sqft. A total of 14 counties have a lower average rent. The county that is the most affordable is Bannock, ID. Its average rent per month is $999. Vice versa, with an average rent of $4,500, San Francisco, CA is the most expensive county by Montana.

Typically, rent for studios in Montana is 99.23% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Montana is 1.71% more expensive than other counties nearby. Finally, rent for two bedrooms in Montana is 14.01% 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 $695 $365 $950 $999
Multnomah, OR $1,630 $1,400 $1,773 $1,700
Salt Lake, UT $1,494 $1,300 $1,595 $1,800
Ada, ID $1,073 $1,145 $1,398 $1,895
Utah, UT $2,400 $1,050 $1,250 $2,100
Washoe, NV $2,108 $2,300 $1,370 $2,125
Snohomish, WA $1,000 $1,775 $2,253 $2,207
King, WA $1,699 $2,266 $2,685 $2,315
Pierce, WA $1,095 $1,226 $1,613 $2,375
Washington, OR $1,295 $1,822 $1,673 $2,400

Top Zipcodes Near Montana

There are a total of 3 zipcodes in or near Montana. The average rent for all of these zipcodes is $2,320. One zipcode has an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 80203, Denver, CO at $1,166 per month. In comparison, the zipcode with the most expensive average rent of $2,431 per month is 98109, Seattle, WA.

Studios in these zipcodes have an average rent of $1,868. That's at least $39 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Montana is $2,385 per month. Or in other words, $41 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,713 per month. Which comes out to $37 per sqft. The following table includes the top 3 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 $2,086 $2,440 $3,818 $2,431
98122, Seattle, WA $1,868 $2,385 $2,713 $2,320
80203, Denver, CO $945 $1,150 $2,292 $1,166

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 $1,930. 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 $650 and an average price per square feet of $86.74. There are a total of 6 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 $1,315 and an average price per square feet of $26.15. There are a total of 9 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 $1,865 and an average price per square feet of $26.25. There are a total of 18 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 0.48%, one bedroom rental prices have changed by 0.19%, two bedroom rental prices have changed by 0.24%, three bedroom rental prices have changed by 0.27% year-over-year.
What is a reasonable rent price in Montana?
A reasonable rent price in Montana is around $1,544/month. You can search for these reasonably priced rental listings on RentHop.