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Laurel, MT Houses for Rent

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  • /18

    $1,900 Per Month

    • 3 Beds
    • 2 Baths
    • 1,322 Sq Ft
    • House for Rent

    302 N 5th Ave, Laurel, MT 59044

    Remodeled house on a corner lot and close to downtown in Laurel! This 3 bed, 2 bath home features an open living, dining and kitchen, updated kitchen and appliances, gas fireplace, updated furnace with central air, master bedroom includes a great ensuite bathroom. Outside is a fenced yard and large patio for enjoying the evenings after work. Will consider small dog or cat for extra rent and

    302 N 5th Ave, Laurel, MT 59044
  • /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

Frequently Asked Questions

How much does it cost to rent a single-family home in Laurel, MT?
The median rent for a single-family home in Laurel, MT is $1,495 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 $48,880 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 $1,222 per month in Laurel, MT, renters typically need to show $3,666 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 17.9, 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 single-family 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 single-family home include West End, North Central Billings, East Central Billings, Hilands and Billings Heights, each with its own character and price range.

Rental Home Trends

Number of Houses for Rent
2
Median Single Family Home Rent
$1,495
Median 4 Bedroom Single Family Home Rent
$1,495
How to Rent a Home