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Rental Market Trends in Missoula, MT

What is the average rent in Missoula, MT?

$1,330/month

Average Rent

682 Sq Ft

Average Apartment Size

+3.2%

Increase in the Last Year

As of June 2025, the average rent in Missoula, MT is $1,330 per month. This is 18% lower than the national average rent of $1,628/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 $1,096 per month for a studio, $1,330 for a one-bedroom apartment, and around $1,639 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,052 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,096/month
478 Sq Ft
One Bedroom
$1,330/month
682 Sq Ft
Two Bedroom
$1,639/month
933 Sq Ft
Three Bedroom
$2,052/month
964 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,318/month
448 Sq Ft
Three Bedroom
$2,452/month
1,150 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,314/month
513 Sq Ft
Two Bedroom
$2,081/month
988 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 3.2%, which averages out to $42 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 June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Missoula, MT
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Missoula, MT
Percentage*
Rent Range
0% Below $700/month
21% $700 - $1,000/month
56% $1,001 - $1,500/month
16% $1,501 - $2,000/month
8% 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 Hellgate Meadows are the most affordable neighborhoods in Missoula.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Missoula Downtown Historic District
$1,400/month
548 Sq Ft
Downtown Missoula
$1,688/month
592 Sq Ft
Hellgate Meadows
$1,866/month
780 Sq Ft
The 4100 Condominiums
$2,024/month
780 Sq Ft

What are the most expensive neighborhoods in Missoula?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
The 4100 Condominiums
$2,024/month
780 Sq Ft
Hellgate Meadows
$1,866/month
780 Sq Ft
Downtown Missoula
$1,688/month
592 Sq Ft
Missoula Downtown Historic District
$1,400/month
548 Sq Ft

Which Missoula neighborhoods have the most rentals available?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Missoula
$1,688/month
592 Sq Ft
The 4100 Condominiums
$2,024/month
780 Sq Ft
Hellgate Meadows
$1,866/month
780 Sq Ft
Missoula Downtown Historic District
$1,400/month
548 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 $1,330, you’ll want to make about $4,433 per month or $53,196 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 0.3% lower than the national average. Generally, housing in Missoula is 2.9% less expensive than the national average, with rent falling between $1,096 - $2,052. You can expect to pay 2.1% more for groceries, 0.2% more for utilities, and 0.2% more for transportation.

City

Missoula, MT

356 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

The 4100 Condominiums

Missoula, MT

Studio
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-
One Bedroom
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Two Bedroom
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Three Bedroom
-
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Search
Search

Apartment communities in Missoula we think you'll love

The Vantage 2370 Clark Fork Ln

The Vantage 2370 Clark Fork Ln

2370 Clark Fork Lane Rd,
Missoula, MT 59808

1-3 Beds | $1,495 - $2,595

Snowfarm

Snowfarm

2175 Sagebrush Rd,
Missoula, MT 59808

1-3 Beds | $1,943 - $2,562

Pine at Wildroot

Pine at Wildroot

1990 Rimel Rd,
Missoula, MT 59803

Studio - 3 Beds | $1,785 - $2,854

North Russell Apartments

North Russell Apartments

1650 N Russell St,
Missoula, MT 59808

Studio - 2 Beds | $1,150 - $1,600

Property Management Companies in Missoula, MT

Roundhouse
Roundhouse
  • 34

    Communities

  • 6,960

    Units

  • 16

    Cities

6 Communities in Missoula
AMC
AMC
  • 646

    Communities

  • 126,201

    Units

  • 258

    Cities

4 Communities in Missoula
Campus Advantage
Campus Advantage
  • 32

    Communities

  • 6,964

    Units

  • 28

    Cities

1 Community in Missoula
Devco Residential Group
Devco Residential Group
  • 43

    Communities

  • 9,577

    Units

  • 23

    Cities

1 Community in Missoula

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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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity