5+ Days Ago
Location
850 Lake Elmo Drive, Billings, Montana 59105, United States|Heights
Tour 850 Lake Elmo Drive
Contact
Rainbow Property Management, Inc.
Nearby rentals
Renter hub
Property management
Property Overview
Located near a highly rated elementary school, this property ranks in the 75th percentile for value compared to similar options in the area. It features pet-friendly amenities, with multiple nearby pet hospitals, supply stores, and grooming services, as well as outdoor spaces that enhance its appeal.
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 Drive, 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 Drive
Sweet deal!
This listing is 13% below the median price for 1 bedroom apartments in Heights.
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.#3, no. 8 and no. 29 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 Drive 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 Drive cost about 13% less than the average rent price for 1-bedroom apartments in Billings.
Median rents as of Nov 29 2025.
Heights
Billings
| Month | Median Rent |
|---|---|
| December 2023 | $883 |
| January 2024 | $862 |
| February 2024 | $895 |
| March 2024 | $1,042 |
| April 2024 | $1,142 |
| May 2024 | $957 |
| June 2024 | $897 |
| July 2024 | $880 |
| August 2024 | $971 |
| September 2024 | $1,023 |
| 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 |
| Month | Median Rent |
|---|---|
| December 2023 | $941 |
| January 2024 | $930 |
| February 2024 | $846 |
| March 2024 | $857 |
| April 2024 | $860 |
| May 2024 | $861 |
| June 2024 | $1,010 |
| July 2024 | $963 |
| August 2024 | $883 |
| September 2024 | $917 |
| 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 |
Affordability calculator
Can I afford to live at 850 Lake Elmo Drive?
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
$33,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $33,000 annually to afford this 1-bedroom monthly rent price of $825.
For more information on rent affordability, visit our rent calculator.
Schools near 850 Lake Elmo Drive
Bench School
505 milton rd
billings, MT, 59105
PK, K-5Public
C+
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Internet available near 850 Lake Elmo Drive
Neighborhood
Heights | Billings, MT
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Billings near 850 Lake Elmo Drive
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 Drive, Billings
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
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
4/10
Some bars within walking distance
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Check availability
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