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Rental Market Trends in Bozeman, MT

What is the average rent in Bozeman, MT?

$1,881/month

Average Rent

719 Sq Ft

Average Apartment Size

-4.3%

Decrease in the Last Year

As of May 2026, the average rent in Bozeman, MT is $1,881 per month. For comparison, the national average rent price in the US is currently $1,644/month, which means Bozeman rent prices are 14% higher than the national average. When you rent an apartment in Bozeman, you can expect to pay about $2,271 per month for a studio, $1,881 for a one-bedroom apartment, and around $2,169 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,886 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,271/month
773 Sq Ft
One Bedroom
$1,881/month
719 Sq Ft
Two Bedroom
$2,169/month
1,039 Sq Ft
Three Bedroom
$2,886/month
1,354 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,004/month
653 Sq Ft
Two Bedroom
$1,933/month
866 Sq Ft
Three Bedroom
$2,804/month
1,301 Sq Ft
Four Bedroom
$5,024/month
2,105 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,285/month
670 Sq Ft
Two Bedroom
$1,964/month
870 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,600/month
911 Sq Ft

How much has average rent changed in Bozeman, MT?

In the past year, rent has decreased by 4.3%, which averages out to $80 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 May 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Bozeman, MT
Last Updated May 2026
Above $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
8% $1,001 - $1,500/month
40% $1,501 - $2,000/month
47% Above $2,000/month

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

Because the average rent in Bozeman is $1,881, you’ll want to make about $6,270 per month or $75,240 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 29.3% higher than the national average. Generally, housing in Bozeman is 54.6% more expensive than the national average, with rent falling between $1,881 - $2,886. You can expect to pay 2.5% more for groceries, 16.2% less for utilities, and 13.0% more for transportation.

City

Bozeman, MT

1,036 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

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

$1,999 - $8,250

1-3 Beds

19th & Graf Apartment Homes

19th & Graf Apartment Homes

3001 S 21st Ave,
Bozeman, MT 59718

$1,699 - $5,451

1-3 Beds

1 Bedroom & 1 Bedroom + Den at UC!

1 Bedroom & 1 Bedroom + Den at UC!

2020 W Kagy Blvd,
Bozeman, MT 59718

$1,825

1 Bed

Spanish Peak Apartments

Spanish Peak Apartments

2210-2220 Remington Way,
Bozeman, MT 59718

$1,650 - $2,025

1-2 Beds

Property Management Companies in Bozeman, MT

Roundhouse
Roundhouse
  • 35

    Communities

  • 6,984

    Units

  • 15

    Cities

7 Communities in Bozeman
Cornerstone Residential
Cornerstone Residential
  • 83

    Communities

  • 10,833

    Units

  • 40

    Cities

5 Communities in Bozeman
RAM Partners
RAM Partners
  • 299

    Communities

  • 79,677

    Units

  • 170

    Cities

4 Communities in Bozeman
Pillar Residential
Pillar Residential
  • 11

    Communities

  • 1,817

    Units

  • 6

    Cities

3 Communities in Bozeman
Avenue5 Residential
Avenue5 Residential
  • 574

    Communities

  • 127,821

    Units

  • 220

    Cities

2 Communities in Bozeman
AMC
AMC
  • 609

    Communities

  • 122,261

    Units

  • 244

    Cities

1 Community in Bozeman
Cardinal Group Management and Advisory, LLC
Cardinal Group Management and Advisory, LLC
  • 160

    Communities

  • 32,262

    Units

  • 86

    Cities

1 Community in Bozeman
PeakMade Real Estate
PeakMade Real Estate
  • 74

    Communities

  • 13,997

    Units

  • 53

    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 February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity