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Rental Market Trends in Missoula, MT

What is the average rent in Missoula, MT?

$1,332/month

Average Rent

674 Sq Ft

Average Apartment Size

+1.6%

Increase in the Last Year

As of March 2026, the average rent in Missoula, MT is $1,332 per month. This is 18% lower than the national average rent of $1,627/month, making renting in Missoula more affordable than most cities in the US. When you rent an apartment in Missoula, you can expect to pay about $1,077 per month for a studio, $1,332 for a one-bedroom apartment, and around $1,641 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,048 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,077/month
478 Sq Ft
One Bedroom
$1,332/month
674 Sq Ft
Two Bedroom
$1,641/month
941 Sq Ft
Three Bedroom
$2,048/month
1,077 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,628/month
841 Sq Ft
Three Bedroom
$2,884/month
1,598 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,377/month
559 Sq Ft
Two Bedroom
$1,678/month
856 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Missoula, MT?

In the past year, rent has increased by 1.6%, which averages out to $22 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 March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Missoula, MT
Last Updated March 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Missoula, MT
Percentage*
Rent Range
0% Below $700/month
20% $700 - $1,000/month
55% $1,001 - $1,500/month
16% $1,501 - $2,000/month
9% Above $2,000/month

Rent by Neighborhood

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

What are the most affordable neighborhoods in Missoula?

Based on current rent prices, Missoula Downtown Historic District, Downtown Missoula and The 4100 Condominiums are the most affordable neighborhoods in Missoula.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Missoula Downtown Historic District
$1,413/month
540 Sq Ft
Downtown Missoula
$1,458/month
595 Sq Ft
The 4100 Condominiums
$1,843/month
760 Sq Ft
Hellgate Meadows
$1,886/month
757 Sq Ft

What are the most expensive neighborhoods in Missoula?

Based on current rent prices, Hellgate Meadows, The 4100 Condominiums and Downtown Missoula are the most expensive neighborhoods in Missoula.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hellgate Meadows
$1,886/month
757 Sq Ft
The 4100 Condominiums
$1,843/month
760 Sq Ft
Downtown Missoula
$1,458/month
595 Sq Ft
Missoula Downtown Historic District
$1,413/month
540 Sq Ft

Which Missoula neighborhoods have the most rentals available?

The neighborhoods in Missoula with the most apartments available are The 4100 Condominiums, Hellgate Meadows and Downtown Missoula .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
The 4100 Condominiums
$1,843/month
760 Sq Ft
Hellgate Meadows
$1,886/month
757 Sq Ft
Downtown Missoula
$1,458/month
595 Sq Ft
Missoula Downtown Historic District
$1,413/month
540 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Missoula is $1,332, you’ll want to make about $4,440 per month or $53,280 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 Missoula, MT is 15.5% higher than the national average. Generally, housing in Missoula is 48.9% more expensive than the national average, with rent falling between $1,077 - $2,048. You can expect to pay 1.3% less for groceries, 16.9% less for utilities, and 4.9% more for transportation.

City

Missoula, MT

392 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Missoula, 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 Missoula, MT

Apartment Averages

Missoula Downtown Historic District

Missoula, MT

Hellgate Meadows

Missoula, MT

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

Apartment communities in Missoula we think you'll love

Snowfarm

Snowfarm

2175 Sagebrush Rd,
Missoula, MT 59808

$1,695 - $3,141

1-3 Beds

ROAM Student Living

ROAM Student Living

305 E Front St,
Missoula, MT 59802

$785 - $1,695

Studio - 4 Beds

Pine at Wildroot

Pine at Wildroot

1990 Rimel Rd,
Missoula, MT 59803

$1,600 - $2,962

Studio - 3 Beds

Mountainwood Estates

Mountainwood Estates

1720 Peggio Ln,
Missoula, MT 59802

$1,975 - $2,950

1-2 Beds

Property Management Companies in Missoula, MT

Roundhouse
Roundhouse
  • 36

    Communities

  • 7,069

    Units

  • 15

    Cities

9 Communities in Missoula
AMC
AMC
  • 624

    Communities

  • 125,068

    Units

  • 245

    Cities

4 Communities in Missoula
Yugo
Yugo
  • 51

    Communities

  • 10,995

    Units

  • 41

    Cities

1 Community in Missoula
Summerfield Property Management
Summerfield Property Management
  • 21

    Communities

  • 3,056

    Units

  • 19

    Cities

1 Community in Missoula

Learn More with Helpful Articles

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Explore the Renterverse

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United States Montana Missoula 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity