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Lewistown, MT Home for Rent

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    $1,500 Per Month

    • 2 Beds
    • 2 Baths
    • 1,448 Sq Ft
    • Townhouse for Rent

    1000 Fountain Terrace Dr, Lewistown, MT 59457

    Low maintenance, private, and quiet. This beautiful 2 bed 2 bath condo in the Fountain Terrace condo building is spacious and bright, has in unit laundry, nice rec areas and a deck. Carport parking with storage room. Tenant pays electric.No smoking , Small pet negotiable, must be approved by condo board. 6 month minimum lease. See details and application link at Condo association

    1000 Fountain Terrace Dr, Lewistown, MT 59457

Why Live in Lewistown

Lewistown, Montana, offers a blend of rural charm and modern convenience, with a population of around 6,000. The community is a hub for Fergus County, featuring both small local shops and nearby big-box stores, ensuring residents can easily access daily necessities. Main Street is lined with old brick buildings housing local businesses, while dining options include Big Spring Brewing, Central Feed Grilling Company, and L-Town Pizza. The town is known for its vibrant events, such as the Chokecherry Festival and the Charlie Russell Chew-Choo dinner train, which celebrate local culture and offer scenic experiences. Outdoor activities are abundant, with fishing, hunting, and hiking opportunities in the surrounding Rocky Mountains and local parks like Frank Day Park and Symmes Park. Lewistown is home to highly rated schools, including Garfield School and Lewis & Clark School, providing quality education options. Housing varies from suburban streets to expansive rural properties, featuring ranch-style homes, bungalows, and log cabins. The area is safer than the national average, offering a low crime risk environment. U.S. routes 87 and 191 facilitate easy travel, with Billings located 125 miles southeast and Great Falls 110 miles away for commercial flights.

Frequently Asked Questions

How much does it cost to rent a home in Lewistown, MT?
The median rent for a home in Lewistown, MT is $1,500 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses tend to be the most affordable option.
How much do you need to make to afford rent in Lewistown, MT?
To comfortably afford the median rent in Lewistown, MT, a household needs to earn roughly $60,000 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 $1,500 per month in Lewistown, MT, renters typically need to show $4,500 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 Lewistown, MT?
In Lewistown, MT, the price-to-rent ratio is 7.2, 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.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,500
Median Townhouse Rent
$1,500
How to Rent a Home