Apartments for Rent in Lockwood, MT

Prices and availability in Lockwood, MT were last updated on 24 May 2026.

The best apartment in Lockwood, MT is: 3305 Driftwood Lane.

The average rent in Lockwood, MT is $1,148.

In Lockwood, 24% of the residents are renting compared to 76% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent none of Lockwood's rentals, 6% are small-scale complexes with under 50 units, and 39% are single-family rentals.

The average age of rental buildings in Lockwood is 43 years old, with 21% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 4 stories, of which 71% are garden-style apartment communities, 19% are mid-sized buildings, and 10% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Lockwood come in a range of sizes and floorplans. Studio apartments represent 12% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 54% of the total apartments in the city, while 2-bedroom floorplans represent around 27% of all rentals in Lockwood. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.