Old Town Flats
2310 1st Ave N,
Billings, MT 59101
$1,545 - $2,025
1-2 Beds
Downtown Billings
Billings, MT
Downtown Billings - Billings, MT
Area Guide
Looking for a great place to live? Start here
Walkable
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Bicycle-Friendly
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Art
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Culture
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Outdoors
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Universities
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Adventure
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Nightlife
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Downtown Billings starts along the Yellowstone River and extends west. Home to Walla Walla University and south of Montana State University Billings, Downtown Billings is a vibrant city center featuring trendy boutiques, restaurants, public art, and walkability. The wide sidewalks feature a variety of bike racks, and the outdoor cafes add a quaint charm to the neighborhood. Attractions include the castle-like Western Heritage Center, the Moss Mansion Museum, Skypoint, the Wise Wonders Children's Museum, and the Yellowstone Art Museum.
The landscape that surrounds Downtown Billings is wild and rugged. Yellowstone National Park is just two hours away and is home to Old Faithful and other geysers and hot springs as well as bison, elk, wolves, and grizzly bears. Nearby Pictograph Cave State Park features three caves with ancient paintings, and the river is lined with parks such as Josephine Park and Coulson Park. After dark, Downtown Billings provides a vibrant nightlife that includes several casinos and pubs.
Rent Trends
As of January 2026, the average apartment rent in Downtown Billings is $1,027 for a studio, $1,053 for one bedroom, $1,259 for two bedrooms, and $1,559 for three bedrooms. Apartment rent in Downtown Billings has decreased by -2.3% in the past year.
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Studio
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493 sq ft
Average Sq Ft
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$1,027/month
Average Rent
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1 BR
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648 sq ft
Average Sq Ft
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$1,053/month
Average Rent
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2 BR
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942 sq ft
Average Sq Ft
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$1,259/month
Average Rent
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3 BR
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1,236 sq ft
Average Sq Ft
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$1,559/month
Average Rent
Transportation
73
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
61
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Points of Interest
Shopping Centers
Parks and Recreation
- Moss Mansion Museum
- Yellowstone Art Museum
- Western Heritage Center
- Yellowstone County Museum
- Montana Audubon Conservation Education Center
Airports
- Billings Logan International
Top Apartments in Downtown Billings
Houses for Rent in Downtown Billings
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.