Zumper
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Updated 1 Day Ago

Highlights

  • In-building laundry
  • Spacious living area
  • Step-in shower
  • Additional storage space available
  • Full kitchen with stove, oven, and refrigerator
  • Optional 1-stall garage

Location

516 W Olive St, Bozeman, MT 59715, USA
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Contact

Management

Showstone Properties, LLC

Leasing office

(844) 334-0271 ext. 7858

Property Overview

516 West Olive offers a strong mix of value, convenience, and amenities, with an overall Zumper rating of 7.5 and especially high marks for location and features. It stands out for in-building laundry, a spacious living area, a step-in shower, extra storage, a full kitchen, and optional garage parking, while nearby dining, cultural spots, wellness options, and parks add to its appeal.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

7.5
Very Good
516 West Olive is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • High school nearby
  • Images Available

Great for

  • Wellness
  • Social life

Floor plans

1 Bedroom Apartment - Downtown Bozeman - Olive...1 bed1 bath$2,850 /moCozy Top-Floor Flat in Historic Bozeman Home, Steps to Downtown Settle in for a while in this bright top-floor flat in a beautifully preserved 1905 Dutch Colonial home, now a charming 6-plex in Bozeman's Cooper Park neighborhood. With original hardwood floors, wood trim, and a gas fireplace, the flat offers historic character and a comfortable home base just two blocks from Main Street. Please note: 28-night minimum stay required. No pets. The space King bed plus pull-out sofa Gas fireplace Full kitchen with refrigerator, electric range, microwave, coffee maker, kettle, and blender No dishwasher Dining area Tub/shower combo Hardwood floors and original wood trim Ceiling fan and large windows with tree canopy views Guest access Guests have private access to the top-floor flat, plus the shared backyard and free shared laundry in the basement. Off-street parking is available in the shared gravel lot behind the building. Other things to note This is a quiet shared building with other long-

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Policies and fees

Applicants

Applicants

One-time.

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REQUIRED FEES

Security Deposit

One-time.

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Questions about this property’s policies and fees?

Building details

Property details

Units1

About 516 West Olive

HomeApartments in Bozeman 516 West Olive

Clean 1BR/1BA Basement Apartment | Great Bozeman Location | In-Building Laundry A clean, comfortable 1-bedroom, 1-bathroom basement apartment in a well-maintained 6-plex, just minutes from downtown Bozeman. This unit features a full kitchen with stove/oven, refrigerator, and sink, plus a bright living area and a spacious bedroom with plenty of room to unwind. The bathroom includes a step-in shower and generous built-in storage. Highlights: - 1 bedroom, 1 bathroom - Full kitchen with stove, oven, and refrigerator - Spacious living area - Large bedroom with ample closet/storage space - In-building laundry - Additional storage space available in the building - Optional 1-stall garage available for an additional monthly fee - Great location close to downtown Bozeman - Clean, move-in ready Don't miss this comfortable, well-located rental — schedule a showing today! Note - Security Deposit and first month's rent due at signing.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.5
/10
Very Good
516 West Olive is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
How we rated 516 West Olive
Price·7A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
While the monthly rent is more than the median price per bedroom of nearby properties, 516 West Olive has other amenities and features that might compensate for the increased price. The higher monthly rent potentially reflects a higher quality of living that renters might find here, compared to other properties in the area.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 516 West Olive is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
516 West Olive is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 516 West Olive does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

516 West Olive is great for:

Wellness

  • Ample windows and natural lighting
  • 7 farmers markets or health food stores nearby
  • 30 health/wellness centers nearby
  • 14 parks nearby

Social life

  • 138 restaurants within 1 mile of this property
  • 71 museums, art galleries, or cultural centers within 1 mile
  • 35 theaters, music venues, or sports arenas nearby
  • 254 mixed-use spaces nearby

Property 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 West Olive compares to other nearby properties.

Positives

High school nearby
There is a high school 0.5 miles away
Images Available
There are at least 10 photos of this property

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Rent trends in Bozeman

1-bedroom apartments at 516 West Olive cost about 58% more than the average rent price for 1-bedroom apartments in Bozeman.

Median rents as of Oct 24 2026.
Bozeman
A table of studio rental data trends in Bozeman
MonthMedian Rent
November 2024$1,832
December 2024$1,703
January 2025$1,743
February 2025$1,700
March 2025$1,721
April 2025$1,826
May 2025$1,910
June 2025$1,952
July 2025$1,807
August 2025$1,744
September 2025$1,683
October 2025$1,530
November 2025$1,479
December 2025$1,468
January 2026$1,517
February 2026$1,657
March 2026$1,682
April 2026$1,690
May 2026$1,584
June 2026$1,457
July 2026$1,490
August 2026$1,583
September 2026$1,577
October 2026$1,593

Affordability calculator

Can I afford to live at 516 W Olive St?

Bedrooms

1 bedroom

Rent-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

$114,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $114,000 annually to afford this 1-bedroom monthly rent price of $2,850.
For more information on rent affordability, visit our rent calculator.

Schools near 516 West Olive

Bozeman Online Charter School

404 w main st

bozeman, MT, 59715

K-8Public
A-

Irving Elementary School

811 w alderson st

bozeman, MT, 59715

PK, K-5Public
B+

Cottonwood School

13233 cottonwood rd

bozeman, MT, 59718

PK, K-8Public

Springhill School

6020 springhill comm rd

belgrade, MT, 59714

PK, K-8Public

Story Creek Elem

807 bolinger rd

belgrade, MT, 59714

PK, K-4Public
A-
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Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Bozeman near 516 W Olive St

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

6/10
This area is close to freeways and has adequate parking options.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 516 W Olive St, Bozeman

Groceries

8/10
Wide variety of groceries within a few minutes' walk

Shopping

8/10
Wide variety of shops within a few minutes' walk

Cafes

8/10
Wide variety of cafés within a short drive, including some within walking distance

Restaurants

8/10
Wide variety of restaurants within a short drive, including some within walking distance

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

5/10
At least one high school within a 20-minute walk

Nightlife

8/10
Wide variety of bars within a few minutes' walk

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