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Rental Market Trends in Bozeman, MT

What is the average rent in Bozeman, MT?

$1,832/month

Average Rent

722 Sq Ft

Average Apartment Size

-6.2%

Decrease in the Last Year

As of January 2026, the average rent in Bozeman, MT is $1,832 per month. For comparison, the national average rent price in the US is currently $1,624/month, which means Bozeman rent prices are 13% higher than the national average. When you rent an apartment in Bozeman, you can expect to pay about $2,065 per month for a studio, $1,832 for a one-bedroom apartment, and around $2,104 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,602 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,065/month
743 Sq Ft
One Bedroom
$1,832/month
722 Sq Ft
Two Bedroom
$2,104/month
1,039 Sq Ft
Three Bedroom
$2,602/month
1,278 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,869/month
487 Sq Ft
Three Bedroom
$2,693/month
1,432 Sq Ft
Four Bedroom
$4,371/month
2,217 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,030/month
1,077 Sq Ft
Three Bedroom
$2,371/month
1,503 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,049/month
889 Sq Ft
Three Bedroom
$2,368/month
1,113 Sq Ft

How much has average rent changed in Bozeman, MT?

In the past year, rent has decreased by 6.2%, which averages out to $112 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Bozeman, MT
Last Updated January 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Bozeman, MT
Percentage*
Rent Range
2% Below $700/month
3% $700 - $1,000/month
9% $1,001 - $1,500/month
43% $1,501 - $2,000/month
43% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Bozeman?

Based on current rent prices, Flanders Creek, Baxter Springs Condominiums and Park are the most affordable neighborhoods in Bozeman.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Flanders Creek
$2,091/month
728 Sq Ft
Baxter Springs Condominiums
$2,163/month
691 Sq Ft
Park
$2,396/month
863 Sq Ft
Valley West
$2,619/month
770 Sq Ft

What are the most expensive neighborhoods in Bozeman?

Based on current rent prices, Valley West, Park and Baxter Springs Condominiums are the most expensive neighborhoods in Bozeman.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Valley West
$2,619/month
770 Sq Ft
Park
$2,396/month
863 Sq Ft
Baxter Springs Condominiums
$2,163/month
691 Sq Ft
Flanders Creek
$2,091/month
728 Sq Ft

Which Bozeman neighborhoods have the most rentals available?

The neighborhoods in Bozeman with the most apartments available are Baxter Springs Condominiums, Park and Flanders Creek .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Baxter Springs Condominiums
$2,163/month
691 Sq Ft
Park
$2,396/month
863 Sq Ft
Flanders Creek
$2,091/month
728 Sq Ft
Valley West
$2,619/month
770 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Bozeman, MT?

Because the average rent in Bozeman is $1,832, you’ll want to make about $6,106 per month or $73,272 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Bozeman, MT is 28.8% higher than the national average. Generally, housing in Bozeman is 53.1% more expensive than the national average, with rent falling between $1,832 - $2,602. You can expect to pay 2.5% more for groceries, 16.3% less for utilities, and 12.7% more for transportation.

City

Bozeman, MT

1,253 Available Apartments for Rent

Search for Nearby Apartments

How does Bozeman, MT compare to other nearby cities and neighborhoods?

Use the tool below to compare Bozeman, MT to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Bozeman, MT

Apartment Averages

Flanders Creek

Bozeman, MT

Valley West

Bozeman, MT

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • Belgrade Average Rent

Apartment communities in Bozeman we think you'll love

Uplands

Uplands

1810 N 25th Ave,
Bozeman, MT 59718

$1,759 - $8,250

1-3 Beds

Yellowstone Landing

Yellowstone Landing

303 Belgrade Blvd.,
Belgrade, MT 59714

$1,610 - $2,710

1-4 Beds

19th & Graf Apartment Homes

19th & Graf Apartment Homes

3001 S 21st Ave,
Bozeman, MT 59718

$1,662 - $9,767

1-3 Beds

The Oxbow

The Oxbow

4650 W Garfield St,
Bozeman, MT 59718

$1,760 - $4,029

1-3 Beds

Property Management Companies in Bozeman, MT

Roundhouse
Roundhouse
  • 34

    Communities

  • 6,989

    Units

  • 15

    Cities

7 Communities in Bozeman
RAM Partners
RAM Partners
  • 291

    Communities

  • 77,340

    Units

  • 168

    Cities

4 Communities in Bozeman
Rockworth Companies
Rockworth Companies
  • 14

    Communities

  • 2,817

    Units

  • 9

    Cities

3 Communities in Bozeman
Avenue5 Residential
Avenue5 Residential
  • 549

    Communities

  • 121,726

    Units

  • 218

    Cities

2 Communities in Bozeman
AMC
AMC
  • 647

    Communities

  • 127,926

    Units

  • 251

    Cities

1 Community in Bozeman
Cardinal Group Management and Advisory, LLC
Cardinal Group Management and Advisory, LLC
  • 159

    Communities

  • 31,924

    Units

  • 83

    Cities

1 Community in Bozeman
PeakMade Real Estate
PeakMade Real Estate
  • 68

    Communities

  • 13,147

    Units

  • 53

    Cities

1 Community in Bozeman
Cornerstone Residential
Cornerstone Residential
  • 76

    Communities

  • 10,067

    Units

  • 38

    Cities

1 Community in Bozeman

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United States Montana Bozeman Rental Trends

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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity