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Rental Market Trends in Bozeman, MT

What is the average rent in Bozeman, MT?

$1,928/month

Average Rent

718 Sq Ft

Average Apartment Size

+2.9%

Increase in the Last Year

Bozeman, MT Rental Market Overview

The average rent in Bozeman, MT is $1,928 per month. This is 16% higher than the national average rent price of $1,662/month, making Bozeman one of the most expensive cities in the US.

  • Studio apartments in Bozeman average $2,281 per month.
  • One-bedroom apartments in Bozeman average $1,928 per month.
  • Two-bedroom apartments in Bozeman average $2,201 per month.
  • Three-bedroom apartments in Bozeman average $2,854 or more per month.

Data Updated: July 1, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,281/month
773 Sq Ft
One Bedroom
$1,928/month
718 Sq Ft
Two Bedroom
$2,201/month
1,037 Sq Ft
Three Bedroom
$2,854/month
1,354 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,258/month
625 Sq Ft
Three Bedroom
$2,639/month
1,296 Sq Ft
Four Bedroom
$4,632/month
2,435 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,059/month
533 Sq Ft
Two Bedroom
$2,283/month
997 Sq Ft
Three Bedroom
$2,426/month
1,281 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,882/month
1,072 Sq Ft
Three Bedroom
$2,675/month
1,350 Sq Ft

How much has average rent changed in Bozeman, MT?

In the past year, rent has increased by 2.9%, which averages out to $56 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Bozeman, MT
Last Updated July 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
10% $1,001 - $1,500/month
39% $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 $1,928, you’ll want to make about $6,426 per month or $77,112 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 27.6% higher than the national average. Generally, housing in Bozeman is 53.7% more expensive than the national average, with rent falling between $1,928 - $2,854. You can expect to pay 2.9% more for groceries, 17.4% less for utilities, and 11.6% more for transportation.

City

Bozeman, MT

1,076 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

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

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Apartment Communities in Bozeman We Think You'll Love

Uplands

Uplands

1810 N 25th Ave,
Bozeman, MT 59718

1-3 Beds | $1,899 - $8,250

19th & Graf Apartment Homes

19th & Graf Apartment Homes

3001 S 21st Ave,
Bozeman, MT 59718

1-3 Beds | $1,987 - $3,525

1 Bedroom & 1 Bedroom + Den at UC!

1 Bedroom & 1 Bedroom + Den at UC!

2020 W Kagy Blvd,
Bozeman, MT 59718

1 Bed | $1,700 - $1,975

Spanish Peak Apartments

Spanish Peak Apartments

2210-2220 Remington Way,
Bozeman, MT 59718

1-2 Beds | $1,650 - $2,050

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Frequently Asked Questions

What is the average rent in Bozeman?

The average rent in Bozeman is $1,928 per month, which is 16.0% higher than the national average of $1,662.

What is the average rent for a house in Bozeman?

The average rent for a house in Bozeman, MT is $2,639 per month.

What is the average rent for a townhome in Bozeman?

The average rent for a townhome in Bozeman, MT is $2,882 per month.

What is the average rent for a condo in Bozeman?

The average rent for a condo in Bozeman, MT is $2,059 per month.

Are rents going up or down in Bozeman?

Rents in Bozeman, MT are increasing, with prices up 2.9% year-over-year and $56 more per month.

What rent range is most common in Bozeman?

In Bozeman, MT, 47% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

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 June 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