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Rental Market Trends in Bozeman, MT

What is the average rent in Bozeman, MT?

$1,838/month

Average Rent

722 Sq Ft

Average Apartment Size

-8.9%

Decrease in the Last Year

As of December 2025, the average rent in Bozeman, MT is $1,838 per month. For comparison, the national average rent price in the US is currently $1,631/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 $2,092 per month for a studio, $1,838 for a one-bedroom apartment, and around $2,134 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,653 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,092/month
743 Sq Ft
One Bedroom
$1,838/month
722 Sq Ft
Two Bedroom
$2,134/month
1,039 Sq Ft
Three Bedroom
$2,653/month
1,278 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,825/month
343 Sq Ft
Two Bedroom
$1,845/month
723 Sq Ft
Three Bedroom
$2,719/month
1,360 Sq Ft
Four Bedroom
$4,157/month
2,204 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,900/month
496 Sq Ft
Two Bedroom
$1,832/month
1,012 Sq Ft
Three Bedroom
$2,130/month
1,094 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,543/month
953 Sq Ft
Three Bedroom
$2,280/month
1,065 Sq Ft

How much has average rent changed in Bozeman, MT?

In the past year, rent has decreased by 8.9%, which averages out to $163 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 December 2025
Legend
2024 2025
Market Trends Over Time

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, Valley West and Cottonwood Condominiums are the most affordable neighborhoods in Bozeman.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Flanders Creek
$2,067/month
723 Sq Ft
Valley West
$2,097/month
817 Sq Ft
Cottonwood Condominiums
$2,107/month
831 Sq Ft
Baxter Springs Condominiums
$2,189/month
674 Sq Ft
Park
$2,298/month
832 Sq Ft

What are the most expensive neighborhoods in Bozeman?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Park
$2,298/month
832 Sq Ft
Baxter Springs Condominiums
$2,189/month
674 Sq Ft
Cottonwood Condominiums
$2,107/month
831 Sq Ft
Valley West
$2,097/month
817 Sq Ft
Flanders Creek
$2,067/month
723 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 Valley West .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Baxter Springs Condominiums
$2,189/month
674 Sq Ft
Park
$2,298/month
832 Sq Ft
Valley West
$2,097/month
817 Sq Ft
Cottonwood Condominiums
$2,107/month
831 Sq Ft
Flanders Creek
$2,067/month
723 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 $1,838, you’ll want to make about $6,126 per month or $73,512 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 20.9% higher than the national average. Generally, housing in Bozeman is 51.4% more expensive than the national average, with rent falling between $1,838 - $2,653. You can expect to pay 6.9% more for groceries, 7.3% less for utilities, and 0.4% less for transportation.

City

Bozeman, MT

1,242 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

Park

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

$1,699 - $11,734

1-3 Beds

Yellowstone Landing

Yellowstone Landing

303 Belgrade Blvd.,
Belgrade, MT 59714

$1,610 - $3,086

1-4 Beds

Northwest Crossing Apartment Homes

Northwest Crossing Apartment Homes

1595 Twin Lakes Ave,
Bozeman, MT 59718

$1,766 - $5,172

1-3 Beds

Icon Apartment Homes at Ferguson Farm

Icon Apartment Homes at Ferguson Farm

4555 Fallon St,
Bozeman, MT 59718

$1,744 - $5,382

1-3 Beds

Property Management Companies in Bozeman, MT

Roundhouse
Roundhouse
  • 35

    Communities

  • 7,088

    Units

  • 16

    Cities

7 Communities in Bozeman
RAM Partners
RAM Partners
  • 288

    Communities

  • 76,783

    Units

  • 169

    Cities

4 Communities in Bozeman
Rockworth Companies
Rockworth Companies
  • 14

    Communities

  • 2,814

    Units

  • 9

    Cities

3 Communities in Bozeman
Avenue5 Residential
Avenue5 Residential
  • 548

    Communities

  • 121,900

    Units

  • 218

    Cities

2 Communities in Bozeman
Devco Residential Group
Devco Residential Group
  • 38

    Communities

  • 9,134

    Units

  • 18

    Cities

2 Communities in Bozeman
AMC
AMC
  • 667

    Communities

  • 131,066

    Units

  • 260

    Cities

1 Community in Bozeman
Cardinal Group Management and Advisory, LLC
Cardinal Group Management and Advisory, LLC
  • 168

    Communities

  • 33,474

    Units

  • 85

    Cities

1 Community in Bozeman
Coastal Ridge Real Estate
Coastal Ridge Real Estate
  • 106

    Communities

  • 24,963

    Units

  • 58

    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