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Rental Market Trends in Missoula, MT

Updated July 2026

The average rent in Missoula, MT is $1,369/month.

Rent in Missoula is 18% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,369/month

Average Rent

668 Sq Ft

Average Size

+2.8%

Change / Year

426

Available Apartments

Missoula rent varies by unit size and layout:

  • Studio apartments in Missoula average $1,115 per month.
  • One-bedroom apartments in Missoula average $1,369 per month.
  • Two-bedroom apartments in Missoula average $1,682 per month.
  • Three-bedroom apartments in Missoula average $2,057 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,115/month
478 Sq Ft
One Bedroom
$1,369/month
668 Sq Ft
Two Bedroom
$1,682/month
942 Sq Ft
Three Bedroom
$2,057/month
1,084 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,010/month
1,124 Sq Ft
Three Bedroom
$2,782/month
1,249 Sq Ft
Four Bedroom
$3,231/month
2,423 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,290/month
588 Sq Ft
Two Bedroom
$1,979/month
1,027 Sq Ft
View Missoula Apartments

How much has average rent changed in Missoula, MT?

In the past year, rent has increased by 2.8%, which averages out to $39 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Missoula, MT

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Missoula, MT
Percentage*
Rent Range
0% Below $700/month
16% $700 - $1,000/month
57% $1,001 - $1,500/month
18% $1,501 - $2,000/month
9% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Missoula?

Based on current rent prices, Downtown Missoula is the most affordable neighborhood in Missoula.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Missoula
$1,282/month
572 Sq Ft

What are the most expensive neighborhoods in Missoula?

Based on current rent prices, Downtown Missoula is the most expensive neighborhood in Missoula.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Missoula
$1,282/month
572 Sq Ft

Which Missoula neighborhoods have the most rentals available?

The neighborhood in Missoula with the most apartments available is Downtown Missoula .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Missoula
$1,282/month
572 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 $1,369, you’ll want to make about $4,563 per month or $54,756 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 $1,115 - $2,057. You can expect to pay 1.4% less for groceries, 16.8% less for utilities, and 4.7% more for transportation.

City

Missoula, MT

426 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.

View the Missoula Area Guide

Apartment Averages

Downtown Missoula

Missoula, MT

Downtown Missoula

Missoula, MT

Studio
$1,167/month
$1,167/month
One Bedroom
$1,224/month
$1,224/month
Two Bedroom
$1,642/month
$1,642/month
Three Bedroom
$1,237/month
$1,237/month
View Rentals
View Rentals

Apartment Communities in Missoula We Think You'll Love

Snowfarm

Snowfarm

2175 Sagebrush Rd,
Missoula, MT 59808

1-3 Beds | $1,918 - $3,141

ROAM Student Living

ROAM Student Living

305 E Front St,
Missoula, MT 59802

Studio - 4 Beds | $785 - $1,695

Pine at Wildroot

Pine at Wildroot

1990 Rimel Rd,
Missoula, MT 59803

Studio - 3 Beds | $1,695 - $2,689

Mountainwood Estates

Mountainwood Estates

1720 Peggio Ln,
Missoula, MT 59802

1-2 Beds | $2,950 - $3,100

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Frequently Asked Questions

What is the average rent in Missoula?

The average rent in Missoula is $1,369 per month, which is 17.7% lower than the national average of $1,663.

What is the average rent for a house in Missoula?

The average rent for a house in Missoula, MT is $2,782 per month.

What is the average rent for a condo in Missoula?

The average rent for a condo in Missoula, MT is $1,290 per month.

Are rents going up or down in Missoula?

Rents in Missoula, MT are increasing, with prices up 2.8% year-over-year and $39 more per month.

What rent range is most common in Missoula?

In Missoula, MT, 57% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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 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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© 2026 CoStar Group, Inc.

Equal Housing Opportunity