The High Cost of Rent in Bozeman’s Fancy New Condos

Bozeman, Montana feels like the global hub of fancy, new condominium developments. The last several years have seen many massive projects built and completed. (Some far more tolerable than others, in my opinion.) But many more are on the way, and renting one of these new condos is not cheap.

Have you heard of these Bozeman projects? The Kestrel, Six Range Condominium, and North Central. If you don't already know the names, you will soon. They're big. They're new. And they're in demand.

This article is not about anything other than Bozeman's new reality, and how much it costs to rent a new, high-end condominium.

Supply and demand dictates the price of just about everything in the world - and our rental market is no different. We're here now.

NOTE: The prices that are listed below came from a simple rental search on Realtor.com in May of 2025. Obviously, rental prices are going to vary a little bit depending on when you search.

• The Kestral (130 Village Crossing Way, Bozeman)
• Studio/1 bath
• 615 square feet
• Rent: $2,061/month

About The Kestral: "Controlled access, climate-controlled parking, dedicated bike racks, ski and storage spaces, and EV charging stations. Pamper your furry friends at our dog wash station and bark park. Stay active at our state-of-the-art fitness center, enjoy fire pits, grill stations, and a pizza oven on the amenity deck." (Realtor.com)

• 5 West (5 West Mendenhall, Bozeman)
• 1 bed/1 bath
• 632 square feet
• Rent: $2,100/month (all utilities paid, FYI)

About 5 West: "360 views from the rooftop yard. Minutes from Montana State University, Bozeman Health, with banking, restaurants and other businesses on the 1st floor. Dedicated underground parking included. mailbox on-site, WIFI and cable service included." (Realtor.com)

• One 11 Lofts (111 West Lamme, Bozeman - listed as an apartment, FYI)
• 1 bed/1 bath
• 659 square feet
• Rent: $2,150/month

About One 11 Lofts: "Climate Controlled Parking Option, Conference Room, Dry Cleaning Program, Fitness Center, High-speed Internet Ready, Parcel Receiving Room, Ski & Bike Storage/Workshop, TV Lounge, Dogs Allowed, Cats Allowed." (Realtor.com)

• The Ives (311 North Willson, Bozeman)
• Studio/1 bath
• 598 square feet
• Rent: $1,975/month

About The Ives: "All Inclusive Amenity Fee, Climate Controlled Parking Option, Conference Room, Fitness Center, Pet Washing Station, Private Terrace, Ski & Bike. Storage/Workshop, Solarium Atrium, TV Lounge, Dogs Allowed, Cats Allowed." (Realtor.com)

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