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Laurel, MT Homes for Rent

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  • /20

    $1,600 Per Month

    • 3 Beds
    • 2 Baths
    • 1,140 Sq Ft
    • House for Rent

    2706 Topeka Dr, Laurel, MT 59044

    Property Id: 2856795 3 Bedroom, 2 Bathroom Home for Rent in Laurel, MT This comfortable 3-bedroom, 2-bathroom home offers approximately 1,140 sq. ft. of living space with plenty of room both inside and out. Enjoy a large deck that's perfect for relaxing or entertaining, along with a small, not fully fenced yard. The property also features a 1-car garage and plenty of additional

    2706 Topeka Dr, Laurel, MT 59044
  • /17

    $1,395 Per Month

    • 2 Beds
    • 2 Baths
    • 1,148 Sq Ft
    • "Charming 2-Bed, 2-Bath Retreat in Laurel, MT – Your Perfect 1148 Sq Ft Haven on 5th Ave Awaits!"

    202 N 5th Ave, Laurel, MT 59044

    This is a very well-maintained and exceptionally clean 2-bedroom, 1.5-bathroom home. The property features a spacious living room, stainless steel appliances, a dishwasher, central A/C, and forced-air heating. Additional highlights include a single oversized garage with ample storage, as well as extra storage space throughout the home and garage. The large enclosed front porch has brand-new

    202 N 5th Ave, Laurel, MT 59044
  • /11

    $850 Per Month

    • 1 Bed
    • 1 Bath
    • 511 1/2 7th Avenue

    511 1/2 7th Ave, Laurel, MT 59044

    Open house available for viewing 9/16 at 4 pm! Come by and view right at 4. FOR RENT — 511 1/2 7th Avenue, Laurel, MT!Cozy 1 bedroom, 1 bathroom rental available in Laurel!Looking for an affordable and comfortable place to call home? This charming rental is ready for its next tenant! Rent: $850/monthDeposit: $8501 Bedroom | 1 BathroomTenant pays

    511 1/2 7th Ave, Laurel, MT 59044
  • /9

    $1,595 Per Month

    • 2 Beds
    • 2 Baths
    • 1,505 Sq Ft
    • Modern 2 Bed, 2 Bath Duplex in Laurel – Spacious & Stylish!

    301 W First St Unit 4, Laurel, MT 59044

    Available end of September 2026! 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 1,505 sq ft home offers both space and style in a prime location. Open concept layout with a bonus family room on the main floor. Bright kitchen with dishwasher and sleek finishes. Stackable

    301 W First St Unit 4, Laurel, MT 59044
  • /11

    $965 Per Month

    • 1 Bed
    • 1 Bath
    • 450 Sq Ft
    • Condo for Rent

    212 E 1st St Unit 1, Laurel, MT 59044

    Cozy 1 Bed 1 Bath Downtown Apartment in Laurel. Tenant is responsible for Gas & Electric - water, sewer and garbage included. Off street parking and green space. Small pets welcome (fees apply). Call Trailhead Management with any questions. or Trailhead Rental Dot Com Apply: https:/

    212 E 1st St Unit 1, Laurel, MT 59044
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    $1,100 Per Month

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • 2 Bed 1 Bath Upstairs Apartment

    120 Cedar Ave Unit 4, Laurel, MT 59044

    Contact Sunlight Property Management at to set up a showing or for more information. Check out this spacious 2 bed 1 bath upstairs apartment at 120 Cedar Ave., Laurel, MT. This unit is available mid-September. Mini Split unit that provides heat and A/C as well as electric baseboard heat each with their own thermostat. LVP flooring throughout, washer and dryer in the unit. Tenant responsible for

    120 Cedar Ave Unit 4, 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 $1,247 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while 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 $49,880 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 $1,247 per month in Laurel, MT, renters typically need to show $3,741 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 Shiloh, West End, South Central Billings and North Central Billings, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
6
Median Rent
$1,247
Median Single Family Home Rent
$1,600
Median Condo Rent
$1,248
How to Rent a Home