5+ Days Ago
Highlights
- On-site laundry
- Off-street parking
- Spacious two bedrooms
- Water, sewer, and garbage services
Location
516 Avenue E, Billings, MT 59102, USA
Tour 516 Avenue E
Contact
Rainbow Property Management, Inc.
Nearby rentals
Renter hub
Property management
Amenities for 516 Avenue E
Apartment Amenities
| Carpet |
Building
| Onsite Laundry |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 6+ months |
|---|
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About 516 Avenue E
3631 - Spacious two bedrooms one bathroom apartment which is part of a 4-plex. Newer Carpet throughout! With over 1000 square feet of space, there's plenty of room for your furniture! Off-street parking, on-site laundry, with water, sewer, and garbage services paid by the property owner. ( Renter's Insurance Required ). Call us today at 406-248-9028.
Lease Terms
6 monthProperty highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 516 Avenue E compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.3 mile away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Grow a garden indoors
- A balcony, backyard, or shared outdoor space isn't available
Address details
| Zip code | 59102 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Billings
2-bedroom apartments at 516 Avenue E cost about 19% less than the average rent price for 2-bedroom apartments in Billings.
Median rents as of Nov 22 2025.
Billings
| Month | Median Rent |
|---|---|
| December 2023 | $1,098 |
| January 2024 | $1,100 |
| February 2024 | $1,200 |
| March 2024 | $1,344 |
| April 2024 | $1,400 |
| May 2024 | $1,363 |
| June 2024 | $1,304 |
| July 2024 | $1,322 |
| August 2024 | $1,358 |
| September 2024 | $1,408 |
| October 2024 | $1,299 |
| November 2024 | $1,345 |
| December 2024 | $1,352 |
| January 2025 | $1,219 |
| February 2025 | $1,172 |
| March 2025 | $1,183 |
| April 2025 | $1,196 |
| May 2025 | $1,263 |
| June 2025 | $1,223 |
| July 2025 | $1,222 |
| August 2025 | $1,214 |
| September 2025 | $1,195 |
| October 2025 | $1,196 |
| November 2025 | $1,202 |
Affordability calculator
Can I afford to live at 516 Avenue E?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$39,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $39,800 annually to afford this 2-bedrooms monthly rent price of $995.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 1 year ago | $895 |
Schools near 516 Avenue E
Highland Elementary School
729 parkhill
billings, MT, 59102
PK, K-5Public
B
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Internet available near 516 Avenue E
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Billings near 516 Avenue E
Walking
6/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Points of interest for 516 Avenue E, Billings
Groceries
3/10
At least one supermarket within a 30-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
4/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Nightlife
3/10
Some bars within walking distance
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