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Laurel, MT Homes for Rent

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  • /9

    $1,250 Per Month

    • 1 Bed
    • 1 Bath
    • 1 bed + 1 bonus room apartment in Laurel

    207 E 1st St, Laurel, MT 59044

    ? Cozy Laurel Home – 1 Bed + Bonus Room ?Now available for rent at 207 E 1st Ave, this charming front side unit apartment features 1 bedroom plus a bonus room, ideal for an office, guest space, or extra storage. You’ll love the fresh feel with new flooring, cabinets, and appliances throughout.Located in the quiet community of Laurel, this home offers easy access to Billings while

    207 E 1st St, Laurel, MT 59044
  • /8

    $925 Per Month

    • 1 Bed
    • 1 Bath
    • 600 Sq Ft
    • Cozy 1 Bed 1 Bath Apartment

    903 E 4th St, Laurel, MT 59044

    Spacious 1 bed 1 bath apartment. New flooring throughout. Newer windows, siding, blinds, & roof. No worrying about yard care as that is taken care of. Owner pays water, sewer, and trash. Tenant responsible for electric and gas. Washer and dryer hookups. NO PETS / NO SMOKINGOur company acts on behalf of the owners of the property you are viewing. Information presented is deemed reliable,

    903 E 4th St, Laurel, MT 59044
  • /10

    $1,595 Per Month

    • 3 Beds
    • 1 Bath
    • 1,456 Sq Ft
    • Laurel 3 bedroom home

    413 Birch Ave, Laurel, MT 59044

    3 bedroom 1 bath home (2 up in loft)-garage & nice size yard (not fenced)-Tenants pays all utilities and is responsible for lawn care and snow removal-Per Pet - $75/month pet rent & an additional $500 deposit-NO smoking-Lease is a month-to-month basis-Does not accept Section 8-Renter's Insurance Required***Call us for a showing today! Showings by

    413 Birch Ave, Laurel, MT 59044
  • /7

    $1,650 Per Month

    • 3 Beds
    • 1 Bath
    • 1,268 Sq Ft
    • r813

    813-815 W 3rd St Unit 815, Laurel, MT 59044

    813-815 W 3rd St Unit 815, Laurel, MT 59044
  • /9

    $1,495 Per Month

    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • Modern 2 Bed, 2 Bath Duplex in Laurel

    301 W First St Unit 1, Laurel, MT 59044

    Available now! Call or text Sunlight Property Management to set up a showing! Step into this beautiful modern 2-story duplex built in 2018, located just steps from downtown Laurel! This 1,100sq ft home offers both space and style in a prime location. Open concept layout on the upstairs floor. Bright kitchen with dishwasher and sleek finishes. Stackable washer and dryer in the unit, covered

    301 W First St Unit 1, Laurel, MT 59044
  • /14

    $1,195 Per Month

    • 2 Beds
    • 1 Bath
    • 1,050 Sq Ft
    • 2 Bed 1 Bath Duplex with Attached Garage

    406 S 1st Ave, Laurel, MT 59044

    Sunlight Property Management brings you this 2 bed 1 bath with attached 1 car oversized garage. Contact Sunlight Property Management to set up a showing This unit had quite a few updates in 2023. Separate laundry room off of the kitchen. This unit has all newer siding, windows, and exterior doors. This unit is available May 18th. 2026 Tenant responsible for all their own utilities. NO PETS /

    406 S 1st Ave, Laurel, MT 59044

Why Live in Laurel

Laurel, MT, is a growing residential city situated north of the Yellowstone River, approximately 20 miles from Billings. Known for its small-town feel, Laurel features a single high school, fostering a close-knit community. The city has a rich history, transitioning from a wheat farming community in the 1880s to a significant railroad terminal in the 1910s, and later adding an oil refinery in the late 1920s. Housing options in Laurel include century-old Minimal Traditional homes, ranch-style properties, and various multistory single-family houses, some of which are horse-friendly and span over 20 acres. Main Street, part of the Laurel Downtown Historic District, hosts local businesses like Blessed Beginnings antique store and The Yogurt Shop, while the Pelican Cafe and High Plains Brewing offer dining and entertainment options. National chains such as Albertsons, Tractor Supply Company, and Walmart Supercenter are also present. Outdoor attractions include the Sundance Lodge Recreation Area on the Yellowstone River, which offers equestrian paths, hunting areas, and inner tube floats. Kiwanis Park, Nutting Park, and Thompson Park provide open spaces, playgrounds, and baseball fields, with Thompson Park featuring a splash park and hosting annual Independence Day fireworks. The Laurel Golf Club is an 18-hole course requiring membership. Laurel Public Schools serve the community, with Laurel High School maintaining a high rating. Interstate 90 connects Laurel to Billings and other destinations, including the Billings-Logan International Airport, Red Lodge, and Yellowstone National Park.

Frequently Asked Questions

How much does it cost to rent a home in Laurel, MT?
The median rent for a home in Laurel, MT is $1,250 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Laurel, MT?
To comfortably afford the median rent in Laurel, MT, a household needs to earn roughly $50,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,250 per month in Laurel, MT, renters typically need to show $3,750 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Laurel, MT?
In Laurel, MT, the price-to-rent ratio is 17.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Laurel, MT are best for renting a home?
The best neighborhood for renting in Laurel, MT depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Shiloh, West End, South Central Billings, North Central Billings and East Central Billings, each with its own character and price range.

Rental Trends in Laurel, MT

Rental Home Trends

Number of Homes for Rent
6
Median Rent
$1,250
Median Single Family Home Rent
$1,595
Median Townhouse Rent
$1,250
Median Condo Rent
$1,195
How to Rent a Home