Bozeman, MT Rental Market Trends
Last updated: February 18, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Bozeman is $2,134, a 5.35% decrease compared to the previous year, when the average rent was $2,254.
Studio Apartments at $1,390 offer the most budget-friendly option with 449 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 715 square feet for $1,873, balancing privacy and affordability.
Two-beedroom units at $2,060 offer 1,042 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,244 sq ft) for $2,580, suitable for larger households.
Average rent in Bozeman, MT
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,134 | 985 sq. ft. |
| Studio | $1,390 | 449 sq. ft. |
| 1 Bed | $1,873 | 715 sq. ft. |
| 2 Beds | $2,060 | 1,042 sq. ft. |
| 3 Beds | $2,580 | 1,244 sq. ft. |
Bozeman, MT rent trends
Rental prices in Bozeman, MT have decreased by 5.35% over the past year. The average rent moved from $2,254 to $2,134.
What's the typical rent budget in Bozeman, MT?
The largest share of rentals in Bozeman, MT (47%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Bozeman, MT?
12,806 or 55% of the households in Bozeman, MT are renter-occupied while 10,325 or 45% are owner-occupied.
How Bozeman Compares to Other Cities
| City | Average Rent |
|---|---|
| Bozeman | $2,134 |
| Billings | $1,493 |
| Missoula | $1,638 |
| Great Falls | $1,624 |
| Whitefish | $1,770 |
| Sidney | $1,001 |
| Helena | $1,651 |
| Butte | $838 |
| Kalispell | $1,546 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Bozeman apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.