Rentometer, Inc. | Data as of 10/24/2025
Bozeman, nestled in the heart of Montana’s stunning Gallatin Valley, blends a vibrant university atmosphere with rugged outdoor adventure. Home to Montana State University and a growing tech scene, the city attracts students, young professionals, and remote workers alike. With stunning mountain views, a walkable downtown, and easy access to world‑class ski resorts, trail networks, and the renowned Museum of the Rockies, Bozeman offers a dynamic lifestyle that balances cultural amenities with frontier charm.
The rental market reflects this diverse demand, offering a mix of modern apartments and spacious single‑family homes. Studio apartments typically sit in the $1500s, while one‑bedroom units often approach the $2000 range, making them attractive options for students and solo renters. Larger families gravitate toward two‑ and three‑bedroom apartments that comfortably exceed $2000, and four‑plus bedroom units can climb into the $3000 bracket. For those seeking a house, three‑bedroom homes average near $3000, with premium four‑plus bedroom homes surpassing $3900, providing ample space for growing households. Popular neighborhoods such as Downtown Bozeman, Custer, Bridger, and the Southside corridor each offer distinct character, from historic bungalows to contemporary townhomes.
Beyond housing, Bozeman’s rental community enjoys proximity to premier outdoor recreation, vibrant farmers markets, boutique dining, and cultural events that foster a strong sense of belonging. The city’s blend of academic influence, entrepreneurial energy, and natural beauty makes it a compelling destination for renters seeking both convenience and adventure in Montana’s premier mountain city.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,563 | $1,600 | $1,100 - $2,050 | $1,300 - $1,705 |
| Apartment | 1 Bedroom | $1,859 | $1,925 | $645 - $2,775 | $1,649 - $2,170 |
| Apartment | 2 Bedroom | $2,112 | $2,063 | $800 - $3,428 | $1,825 - $2,475 |
| Apartment | 3 Bedroom | $2,447 | $2,450 | $750 - $4,330 | $1,995 - $2,900 |
| Apartment | 4+ Bedroom | $2,686 | $3,100 | $825 - $4,500 | $1,035 - $3,600 |
| House | 1 Bedroom | $2,143 | $2,150 | $812 - $3,950 | $1,595 - $2,500 |
| House | 2 Bedroom | $2,135 | $1,995 | $840 - $4,500 | $1,795 - $2,450 |
| House | 3 Bedroom | $2,996 | $2,850 | $1,450 - $6,000 | $2,500 - $3,500 |
| House | 4+ Bedroom | $3,832 | $3,895 | $1,100 - $7,500 | $3,295 - $4,200 |
In the current period, the average rent in Bozeman was $1,563 for Studio, $1,881 for 1 Bedroom, $2,118 for 2 Bedroom, $2,823 for 3 Bedroom, and $3,613 for 4+ Bedroom.
Data provided by Rentometer, Inc.