Updated 5+ Days Ago
Highlights
- 2 pet limit
- On-site laundry room
- No smoking
- Natural surroundings
- Trails
Location
850 Lake Elmo Dr, Billings, MT 59105, USA|Heights
Tour 850 Lake Elmo Dr
Contact
Rainbow Property Management, Inc.
Nearby rentals
Property management
Property Overview
Located near a top-rated elementary school and ranking well for value for money, the property also offers natural surroundings and access to trails. With outdoor spaces, nearby pet services, an on-site laundry room, and a 2-pet limit, it combines practical features with a pet-friendly setting and no-smoking environment.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- Less expensive
- Laundry available on site
Great for
Pet owners
Amenities for 850 Lake Elmo Dr, Heights
Apartment Amenities
| Air Conditioning | Balcony |
Building
| Dogs OK | Onsite Laundry |
Grounds
| Assigned Parking |
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
Parking Policy
Assigned Parking
Cat Policy
Not allowed
Large Dog Policy
Not allowed
Small Dog Policy
Allowed
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 6+ months |
|---|
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About 850 Lake Elmo Dr
Live in the Heights at The Place At Lake Elmo! Located on Lake Elmo Drive and Milton Road. Units are all 1 bed/ 1 bath with parking. The apartment has a/c and heat is electric. Tenant pays a utility charge for water, sewer, trash and electricity. Small pets are allowed. (2 pet limit) No smoking in unit. A laundry room with electronic pay is on-site available to tenants only. Close by is shopping, restaurants and services while minutes away from enjoying the great outdoors at Lake Elmo. The Rims offer parks and trails for tenants to experience Montana's sunrises and sunsets along with its natural surroundings and a view of downtown Billings. Call today and book a showing at The Place At Lake Elmo! Pictures may be of a similar unit. # 12 ( Renter's Insurance Required )
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 850 Lake Elmo Dr compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.1 mile away
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
- No in-unit dishwasher
- Dishwashers aren't available
Address details
| Neighborhood | Heights |
|---|---|
| Zip code | 59105 |
| Type | Apartment for rent |
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Rent trends in Heights
1-bedroom apartments at 850 Lake Elmo Dr cost about 5% less than the average rent price for 1-bedroom apartments in Billings.
Median rents as of Sep 12 2026.
Heights
Billings
| Month | Median Rent |
|---|---|
| September 2024 | $995 |
| October 2024 | $1,003 |
| November 2024 | $1,017 |
| December 2024 | $1,050 |
| January 2025 | $1,016 |
| February 2025 | $995 |
| March 2025 | $967 |
| April 2025 | $928 |
| May 2025 | $950 |
| June 2025 | $953 |
| July 2025 | $960 |
| August 2025 | $949 |
| September 2025 | $969 |
| October 2025 | $990 |
| November 2025 | $995 |
| December 2025 | $967 |
| January 2026 | $949 |
| February 2026 | $945 |
| March 2026 | $937 |
| April 2026 | $956 |
| May 2026 | $954 |
| June 2026 | $945 |
| July 2026 | $965 |
| August 2026 | $997 |
| September 2026 | $1,072 |
| Month | Median Rent |
|---|---|
| September 2024 | $950 |
| October 2024 | $1,037 |
| November 2024 | $928 |
| December 2024 | $867 |
| January 2025 | $909 |
| February 2025 | $1,006 |
| March 2025 | $872 |
| April 2025 | $850 |
| May 2025 | $950 |
| June 2025 | $965 |
| July 2025 | $970 |
| August 2025 | $1,060 |
| September 2025 | $1,140 |
| October 2025 | $950 |
| November 2025 | $947 |
| December 2025 | $929 |
| January 2026 | $853 |
| February 2026 | $835 |
| March 2026 | $870 |
| April 2026 | $935 |
| May 2026 | $885 |
| June 2026 | $934 |
| July 2026 | $935 |
| August 2026 | $942 |
| September 2026 | $985 |
Affordability calculator
Can I afford to live at 850 Lake Elmo Dr?
Bedrooms
1 bedroomRent-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
$37,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $37,000 annually to afford this 1-bedroom monthly rent price of $925.
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.| 3 months ago | $800 |
Schools near 850 Lake Elmo Dr
Bench School
505 milton rd
billings, MT, 59105
PK, K-5Public
C+
Independent Elementary School
2907 roundup rd
billings, MT, 59105
PK, K-6Public
B
Pioneer School
1937 dover rd
billings, MT, 59105
PK, K-8Public
C-
Blue Creek School
3652 blue creek rd
billings, MT, 59101
PK, K-6Public
C
Morin School
8824 pryor rd
billings, MT, 59101
PK, K-6Public
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Internet available near 850 Lake Elmo Dr
Neighborhood
Heights | Billings, MT
Getting around Billings near 850 Lake Elmo Dr
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Points of interest for 850 Lake Elmo Dr, Billings
Groceries
8/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
5/10
Variety of shops within a short drive
Cafes
4/10
Some cafés within a short drive
Restaurants
6/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Nightlife
8/10
Wide variety of bars within a few minutes' walk
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Check availability
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