Rentometer, Inc. | Data as of 10/24/2025
Yellowstone County in Montana offers a vibrant blend of urban conveniences and open‑space lifestyle, anchored by the bustling city of Billings and the scenic Yellowstone River. Residents enjoy easy access to outdoor recreation, cultural venues, and a growing job market, making the county a sought‑after destination for families, professionals, and adventure seekers alike. The rental market reflects this diversity, with a balance of modern apartment communities and spacious single‑family homes that cater to a wide range of preferences.
Apartment options range from cozy studios averaging in the $1080s to four‑plus bedroom units that command the $2300‑$2400 range, while one‑bedroom apartments tend to sit near the $1100 mark. Larger apartment layouts, such as two‑ and three‑bedroom units, fall comfortably within the $1300‑$1800 bracket. Single‑family houses provide comparable flexibility: one‑bedroom homes are priced around $1000, two‑bedroom units hover near $1450, and three‑bedroom houses average just above $2100, with premium four‑plus bedroom homes reaching the $2500 tier. These figures illustrate a well‑balanced market that accommodates both entry‑level renters and those seeking upscale space.
Popular neighborhoods like North Park, Heights, and the historic downtown district showcase a mix of newly renovated apartments and charming houses, often within walking distance of parks, schools, and the bustling River District. Proximity to attractions such as the Rimrock Mall, Yellowstone Art Museum, and nearby trailheads enhances the appeal for renters seeking convenience and lifestyle. Whether you’re looking for a stylish apartment near the downtown core or a spacious home in a family‑friendly suburb, Yellowstone County’s rental landscape offers diverse choices to fit your needs.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,102 | $1,095 | $625 - $1,734 | $875 - $1,295 |
| Apartment | 1 Bedroom | $1,119 | $1,095 | $396 - $1,800 | $895 - $1,400 |
| Apartment | 2 Bedroom | $1,353 | $1,260 | $660 - $2,370 | $1,050 - $1,575 |
| Apartment | 3 Bedroom | $1,894 | $1,803 | $985 - $2,619 | $1,595 - $2,400 |
| Apartment | 4+ Bedroom | $2,447 | $2,347 | $1,895 - $3,200 | $2,195 - $3,200 |
| House | 1 Bedroom | $1,030 | $950 | $705 - $2,000 | $850 - $1,100 |
| House | 2 Bedroom | $1,462 | $1,395 | $600 - $2,500 | $1,150 - $1,650 |
| House | 3 Bedroom | $2,104 | $2,100 | $850 - $3,995 | $1,700 - $2,475 |
| House | 4+ Bedroom | $2,481 | $2,350 | $195 - $9,500 | $2,100 - $2,700 |
In the current period, the average rent in Yellowstone was $1,194 for Studio, $1,100 for 1 Bedroom, $1,402 for 2 Bedroom, $2,056 for 3 Bedroom, and $2,368 for 4+ Bedroom.
Data provided by Rentometer, Inc.