Last updated on October 29, 2026

Average rent in
Billings, MT

Key takeaways for renters

  • Where Billings rent stands today

    Billings, MT rent rose 3.9% year over year, with a current median of $1,350/month. Renters are paying $50 more per month than last year, a modest increase in rents.

  • Billings is 28.9% more affordable than the $1,900/month national median, providing a more accessible market for renters despite a smaller inventory of 304 total rentals.

  • Price ranges

    Studio rents in Billings run around $850/month, 1-bedrooms around $975/month, and 2-bedrooms around $1,295/month, with 3-bedrooms at $1,850/month and 4+ bedrooms at $2,225/month.

  • Price ranges

    Apartments make up 62.9% of rentals, renting at a median of $1,195/month, while houses rent for $1,850/month. This property-type spread shows a notable difference in rent levels within Billings.

Median rent

Median rent in Billings

$1,350/mo

increased by4%

vs previous year

The average rent in Billings is $1,350 per month as of October 2026. This is 29% below the national average rent, or $550 less per month.

$1.51

average price per square foot

Total rentals

Available rentals in Billings

304

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Billings rentals at each price point

60%45%30%15%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Billings, MT

Average rent prices in Billings have increased by 3% over the last month and have increased by 4% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Billings, MT

Rent prices in Billings vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Billings is $1,195, whereas a house costs $1,850. 1-bedroom apartments in Billings run $975 on average, while 2-bedroom apartments are $1,200.

Listings

Studio

$850

3%

No Change

1 bedroom

$975

No Change

3%

2 bedroom

$1,295

No Change

8%

3 bedroom

$1,850

10%

2%

4 bedroom

$2,225

No Change

7%

Studio

Average rent

$850

Last 30 days

3%

1 bedroom

Average rent

$975

Last year

3%

2 bedroom

Average rent

$1,295

Last year

8%

3 bedroom

Average rent

$1,850

Last 30 days

10%

Last year

2%

4 bedroom

Average rent

$2,225

Last year

7%

The table above reflects average rent prices in Billings, MT, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Billings, MT compare to other cities?

Compare median rent prices in Billings and Big Sky by all bedroom counts and property types.

Billings

Median rent price$1,350
decreased by29%

lower than the national median

Median rent price$1,974
increased by4%

higher than the national median

Takeaway

The median rent for all rentals in Billings, MT is 32% lower than the median rent in Big Sky, MT.

Cost of living in Billings, MT

Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.

Expenses
accrued by most renters
Average cost
compared to national average
Goods & Services1% lower
Groceries3% higher
Health8% higher
Housing8% lower
Transportation5% higher
Utilities18% lower

Discover rentals in Billings, MT

345 1/2 Custer Ave - Photo 1 of 1

5d+ ago

Central - Terry apartment for rent in Billings

Basement Two Bedroom

345 1/2 Custer Ave, Billings, MT 59101

2 beds

1 bath

$795

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
418 9th St W - Photo 1 of 1

5d+ ago

Central - Terry apartment for rent in Billings

2 Bedroom/1 Bath Duplex with Large Yard

418 9th St W, Billings, MT 59101

2 beds

1 bath

$825

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
716 S 32nd St - Photo 1 of 1

5d+ ago

South Side apartment for rent in Billings

2BR/1.0BA

716 S 32nd St, Billings, MT 59101

2 beds

1 bath

$850

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
922 N 23rd St - Photo 1 of 1

5d+ ago

North Park house for rent in Billings

922 N 23rd - -

922 N 23rd St, Billings, MT 59101

2 beds

1 bath

$895

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Billings, MT

Quick answers to common questions about the Billings rental market.

How much is rent in Billings?

The average rent in Billings is $1,350 per month as of October 24, 2026.

Is rent up or down in Billings?

Average rent prices in Billings have increased by 3% over the last month and have increased by 4% since last year.

How does Billings rent compare to the national average?

Rent in Billings is 29% below the national average, which means renters are paying approximately $550 less per month.

Which neighborhoods are most affordable in Billings?

The most affordable neighborhoods in Billings are South Side ($997/mo), North Park ($1,000/mo), and Central Terry ($1,095/mo).

What salary do I need to afford rent in Billings?

To comfortably afford rent in Billings, you'd need to earn approximately $54,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Billings?

May offers the best pricing in Billings with rents running approximately 7% lower than July, which sees the highest prices of the year. Though May brings more competition from other renters, the savings can make it worth navigating the busier market.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Billings