Bedroom count
Property type
Last updated on October 29, 2026
Last updated on October 29, 2026
Bedroom count
Property type
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.
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.
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 in Billings
$1,350/mo
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.
average price per square foot
Available rentals in Billings
304
for rent on Zumper.com as of October 2026
Share of Billings rentals at each price point
Average rent prices in Billings have increased by 3% over the last month and have increased by 4% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
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% |
Listings | ||
|---|---|---|
Central Terry | $1,095 | |
Heights | $1,300 | |
North Elevation | $1,450 | |
North Park | $1,000 | |
South Side | $997 | |
Southwest Corridor | $1,400 | |
West End | $1,500 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,195 | 1% | 9% | |
Condos | $1,695 | No Change | 6% | |
Houses | $1,850 | 3% | 2% |
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%
Heights
Average rent
$1,300
West End
Average rent
$1,500
North Park
Average rent
$1,000
Central Terry
Average rent
$1,095
South Side
Average rent
$997
Southwest Corridor
Average rent
$1,400
North Elevation
Average rent
$1,450
Apartments
Average rent
$1,195
Last 30 days
1%
Last year
9%
Condos
Average rent
$1,695
Last year
6%
Houses
Average rent
$1,850
Last 30 days
3%
Last year
2%
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.
Compare median rent prices in Billings and Big Sky by all bedroom counts and property types.
Billings
lower than the national median
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.
Explore rent trends in neighboring markets
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 & Services | 1% lower |
| Groceries | 3% higher |
| Health | 8% higher |
| Housing | 8% lower |
| Transportation | 5% higher |
| Utilities | 18% lower |
Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.
Quick answers to common questions about the Billings rental market.
The average rent in Billings is $1,350 per month as of October 24, 2026.
Average rent prices in Billings have increased by 3% over the last month and have increased by 4% since last year.
Rent in Billings is 29% below the national average, which means renters are paying approximately $550 less per month.
The most affordable neighborhoods in Billings are South Side ($997/mo), North Park ($1,000/mo), and Central Terry ($1,095/mo).
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.
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.
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).