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Rental Market Trends in Missoula, MT

What is the average rent in Missoula, MT?

$1,318/month

Average Rent

682 Sq Ft

Average Apartment Size

+1.2%

Increase in the Last Year

As of January 2026, the average rent in Missoula, MT is $1,318 per month. This is 19% lower than the national average rent of $1,625/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 $1,069 per month for a studio, $1,318 for a one-bedroom apartment, and around $1,620 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,838 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,069/month
478 Sq Ft
One Bedroom
$1,318/month
682 Sq Ft
Two Bedroom
$1,620/month
935 Sq Ft
Three Bedroom
$1,838/month
963 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,618/month
1,355 Sq Ft
Four Bedroom
$2,905/month
1,401 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,676/month
808 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,895/month
1,506 Sq Ft

How much has average rent changed in Missoula, MT?

In the past year, rent has increased by 1.2%, which averages out to $17 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 January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Missoula, MT
Last Updated January 2026
$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
59% $1,001 - $1,500/month
13% $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, Downtown Missoula, The 4100 Condominiums and Hellgate Meadows are the most affordable neighborhoods in Missoula.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Missoula
$1,518/month
575 Sq Ft
The 4100 Condominiums
$1,889/month
767 Sq Ft
Hellgate Meadows
$1,913/month
745 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
$1,913/month
745 Sq Ft
The 4100 Condominiums
$1,889/month
767 Sq Ft
Downtown Missoula
$1,518/month
575 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
$1,889/month
767 Sq Ft
Hellgate Meadows
$1,913/month
745 Sq Ft
Downtown Missoula
$1,518/month
575 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 $1,318, you’ll want to make about $4,393 per month or $52,716 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 14.7% higher than the national average. Generally, housing in Missoula is 47.8% more expensive than the national average, with rent falling between $1,069 - $1,838. You can expect to pay 1.4% less for groceries, 17.0% less for utilities, and 4.6% more for transportation.

City

Missoula, MT

388 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

Downtown Missoula

Missoula, MT

Hellgate Meadows

Missoula, MT

Studio
$1,147/month
-
One Bedroom
$1,170/month
-
Two Bedroom
$1,586/month
-
Three Bedroom
$1,202/month
-
Search
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Apartment communities in Missoula we think you'll love

Snowfarm

Snowfarm

2175 Sagebrush Rd,
Missoula, MT 59808

$1,695 - $3,166

1-3 Beds

Pine at Wildroot

Pine at Wildroot

1990 Rimel Rd,
Missoula, MT 59803

$1,600 - $2,982

Studio - 3 Beds

ROAM Student Living

ROAM Student Living

305 E Front St,
Missoula, MT 59802

$775 - $1,660

Studio - 4 Beds

Mountainwood Estates

Mountainwood Estates

1720 Peggio Ln,
Missoula, MT 59802

$1,925 - $2,900

1-2 Beds

Property Management Companies in Missoula, MT

Roundhouse
Roundhouse
  • 34

    Communities

  • 6,989

    Units

  • 15

    Cities

6 Communities in Missoula
AMC
AMC
  • 649

    Communities

  • 127,916

    Units

  • 252

    Cities

4 Communities in Missoula
Yugo
Yugo
  • 53

    Communities

  • 11,263

    Units

  • 42

    Cities

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

    Communities

  • 3,056

    Units

  • 19

    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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity