Snowfarm
2175 Sagebrush Rd,
Missoula, MT 59808
$1,918 - $3,141
1-3 Beds
Rental Market Trends in Missoula, MT
What is the average rent in Missoula, MT?
$1,356/month
Average Rent
674 Sq Ft
Average Apartment Size
+3.2%
Increase in the Last Year
As of April 2026, the average rent in Missoula, MT is $1,356 per month. This is 17% lower than the national average rent of $1,641/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 $1,089 per month for a studio, $1,356 for a one-bedroom apartment, and around $1,655 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,065 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average 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 $44 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 April 2026
Legend
2025
2026
Rent Ranges in Missoula, MT
Last Updated April 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
19%
$700 - $1,000/month
58%
$1,001 - $1,500/month
11%
$1,501 - $2,000/month
12%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Missoula?
Based on current rent prices, Downtown Missoula is the most affordable neighborhood in Missoula.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Missoula?
Based on current rent prices, Downtown Missoula is the most expensive neighborhood in Missoula.
Neighborhood
Average Rent
Average Sq Ft
Which Missoula neighborhoods have the most rentals available?
The neighborhood in Missoula with the most apartments available is Downtown Missoula .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Missoula, MT?
Because the average rent in Missoula is $1,356, you’ll want to make about $4,520 per month or $54,240 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 $1,089 - $2,065. You can expect to pay 1.3% less for groceries, 16.9% less for utilities, and 4.9% more for transportation.
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.
Studio
$1,155/month
$1,155/month
One Bedroom
$1,229/month
$1,229/month
Two Bedroom
$1,608/month
$1,608/month
Three Bedroom
$1,198/month
$1,198/month
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Property Management Companies in Missoula, MT
Roundhouse
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AMC
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Yugo
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Summerfield Property Management
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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.
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.