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Depending on what part of Helena you live in, you might be able to just walk, as mthawki suggested. However, although Helena is small and rather dense, the valley is quite large, and alot of people live out in the valley (or around East Helena) versus Helena. Thus, public transportation is rather limited. You will probably want to invest in an automobile.
Depending on where you are from, Helena may be more or less expensive than where you are from. Do understand that Helena is not the cheapest place in the world to live. Compared to where I live, Helena is considerably higher on the cost of living aspects. There are several apartment complexes around, as well as duplexes and quad-plexes (I used to live in one on Sunlight Circle in the upper east side).
All in all, Helena is a great place to live. I think you will really like it there.. very scenic, lots of outdoorsy type activities, and a wonderful downtown really make Helena unique.
Ian
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