Last updated
Average Rent in Bozeman, MT & Rent Trends
Rent prices and market trends across 18 apartment communities in Bozeman, MT. Updated daily.
Market Average
$2,702/mo
▼ 1.6% from last month
Lowest Available
$1,338/mo
cheapest unit on market
Communities
18
tracked daily
Units Listed
266
available now
Rent Watch: cuts and increases
Open Rent Watch →3 cuts and 0 increases among 13 comparable listings this week. Filter by bedrooms and budget, then inspect each building’s history.
- Black Olive
↓ $250/mo
Cut of 10.6% · Unit 406
- The Ives Bozeman
↓ $90/mo
Cut of 4.0% · Unit 612
Rent by Neighborhood in Bozeman, MT
Compare average rent across Bozeman, MT neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Bozeman 59718 | $2,828 | ▼ $374 | $1,437 | 8 | 225 |
| Bozeman 59715 | $1,930 | $0 | $1,338 | 11 | 63 |
Is Rent Going Up or Down in Bozeman, MT?
As of October 2026, the average rent in Bozeman, MT is $2,702 per month across 18 apartment communities and 266 available units. Rents have decreased $43 (1.6%) over the past month.
The most affordable option is Bridger Peaks Apartments starting at $1,338/mo. By unit type, a studio averages $1,695/mo, a 1-bedroom averages $2,284/mo, a 2-bedroom averages $2,862/mo, a 3-bedroom averages $3,686/mo, a 4-bedroom averages $8,250/mo.
Prices range from $1,338 to $8,250 per month. The most common price point is the $2,000 range, where 42 units are currently listed.
Bozeman, MT Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $2,211 | - | 15 |
| August 2026 | $2,279 | +$68 | 16 |
| September 2026 | $2,201 | -$78 | 16 |
| October 2026 | $2,080 | -$121 | 23 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Bozeman, MT
Rent Prices by Apartment in Bozeman, MT
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Bridger Peaks Apartments | $1,338/mo | $1,472/mo | 2 | 4.3 |
| Arrowleaf Park | $1,381/mo | $1,639/mo | 5 | 3.4 |
| Baxter Apartments | $1,437/mo | $1,437/mo | 1 | 3.2 |
| Castlebar Apartments | $1,468/mo | $1,475/mo | 2 | 2.7 |
| Greentree Apartments | $1,550/mo | $1,550/mo | 3 | 4.2 |
| The Kestrel | $1,658/mo | $2,353/mo | 5 | 4.8 |
| Cannery Flats | $1,695/mo | $1,878/mo | 4 | 4.2 |
Frequently Asked Questions About Rent in Bozeman, MT
What is the average rent in Bozeman, MT?
Is rent going up or down in Bozeman, MT?
What is the cheapest apartment in Bozeman, MT?
How much is a 1-bedroom apartment in Bozeman, MT?
How many apartments are available in Bozeman, MT?
What salary do I need to live comfortably in Bozeman, MT?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$108,000/year
Based on the 30 percent rule, using our tracked average rent of $2,702/mo.
Comfortable income
$130,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,338/mo), you need to earn at least $54,000/year.
Median household income in Bozeman, MT is $79,903 , about 38% below the comfortable-living threshold.
Cost of living in Bozeman, MT
Overall prices in Bozeman, MT runs below the national average by about 1% (BEA Regional Price Parity index 99.0, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Bozeman, MT's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,702 |
| Utilities | $565 |
| Groceries | $521 |
| Transportation | $1,348 |
| Healthcare | $657 |
| Other goods and services | $1,052 |
| Estimated total | $6,845/mo |
Population
55,042
Median household income
$79,903
Census median rent
$1,611/mo
Census rent burden
31.2%
Median age
28.6
Mean commute
15 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Bozeman, MT Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Bozeman, MT Apartments
Browse all 18 communities with daily-updated pricing and availability.