Apartments in 59474

Apartments near 59474

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Looking for apartments for rent in 59474 Shelby, MT?

Shelby, MT offers a variety of amenities and points of interest. Nearby, you'll find beautiful parks such as Shelby City Park and Heritage Park, where you can enjoy outdoor activities and relax in nature. The community also offers convenient access to essentials like grocery stores, restaurants, and shopping centers.

Whether you're looking for a one-bedroom, two-bedroom, or studio apartment, Rentable has a variety of options to suit your needs. Take a look at our apartments near 59474 and find the perfect rental that fits your budget and lifestyle. Don't miss out on this opportunity to find your new home in Shelby, MT!

Shelby:
February Rent Report

Welcome to the February 2026 Shelby Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 2026 key findings and figures for the Shelby rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Shelby and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Shelby average rent prices in the chart below.

Monthly Rent Report

$1,050
$790
$530
$260
$0
Mar. 2025
Apr. 2025
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Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
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Jan. 2026
Feb. 2026
1 BR       2 BR

Shelby Rent Prices Decrease From January to February

Shelby rent prices decreased over the last month. From January to February, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Shelby one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from January to February, Shelby experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Shelby two-bedroom apartments currently stands at $.

February Prices: Shelby vs. Surrounding Areas

Rent Prices in Shelby and Surrounding Areas

Rent prices have decreased in Shelby over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Shelby suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Shelby suburbs

  • Rents did not decrease in any of the Shelby suburbs.

February 2026 Pricing Trends: Shelby vs. National Comparisons

Shelby Rent Prices More Affordable Than Major Cities

Rent growth in Shelby over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Shelby average rent prices appear to be relatively affordable for local residents.

The price for a Shelby one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Shelby and surrounding area rent prices, take a look at the complete data set below.

Data set for Shelby and suburbs

1 BR February 1 BR M/M % Change 2 BR February 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.