Last updated on September 14, 2026

Average rent in
Billings, MT

Key takeaways for renters

  • The bottom line

    Billings, MT rents are essentially flat year over year, with a current median of $1,295/month. The $14 per month decrease compared to last year is negligible and does not indicate a meaningful change in rents.

  • Compared to national trends

    Billings is 31.8% more affordable than the $1,900/month national median, offering a lower-cost rental market with 279 total rentals available across the city.

  • Rent ranges by bedroom

    Studios rent for $845/month, 1-bedrooms for $1,050/month, 2-bedrooms for $1,235/month, 3-bedrooms for $1,995/month, and 4+ bedrooms for $2,300/month in Billings. These figures reflect the range of rents by bedroom count across the city.

  • Price ranges

    Apartments make up 65.4% of rentals with a median rent of $1,150/month, while houses rent for a median of $1,850/month. This property-type spread shows the variation in rental costs within Billings.

Median rent

Median rent in Billings

$1,295/mo

increased by4%

vs previous year

The average rent in Billings is $1,295 per month as of September 2026. This is 32% below the national average rent, or $605 less per month.

$1.58

average price per square foot

Total rentals

Available rentals in Billings

279

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Billings rentals at each price point

65%49%33%16%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 2% 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 $1,150, whereas a house costs $1,850. 1-bedroom apartments in Billings run $1,000 on average, while 2-bedroom apartments are $1,195.

Listings

Studio

$845

6%

8%

1 bedroom

$1,050

1%

8%

2 bedroom

$1,235

1%

3%

3 bedroom

$1,995

3%

7%

4 bedroom

$2,300

2%

10%

Studio

Average rent

$845

Last 30 days

6%

Last year

8%

1 bedroom

Average rent

$1,050

Last 30 days

1%

Last year

8%

2 bedroom

Average rent

$1,235

Last 30 days

1%

Last year

3%

3 bedroom

Average rent

$1,995

Last 30 days

3%

Last year

7%

4 bedroom

Average rent

$2,300

Last 30 days

2%

Last year

10%

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$1,295
decreased by32%

lower than the national median

Median rent price$2,300
increased by21%

higher than the national median

Takeaway

The median rent for all rentals in Billings, MT is 44% lower than the median rent in Big Sky, MT.

Average rent in nearby cities

Explore rent trends in neighboring markets

Big Sky

$2,300

decreased by90%
Last year
Bozeman

$2,000

decreased by1%
Last year
Buffalo

$1,725

increased by1%
Last year
Cody

$1,560

increased by7%
Last year
Great Falls

$1,500

increased by15%
Last year
Helena

$1,585

decreased by13%
Last year

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 & Services2% lower
Groceries3% higher
Health10% 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

2006 10th Ave N - Photo 1 of 1

3d ago

7.7

Very good

2006 10th Ave N

2006 10th Ave N, Billings, MT 59101

2 beds

1 bath

$895

CANARY MOBILE CT - Photo 1 of 1

3d ago

7.7

Very good

CANARY MOBILE CT

1807-1821 1807-1821 CANARY 3909-3911 BLUEBIRD, Billings, MT 59101

2 beds

1 bath

$895

1216 Quinella Dr - Photo 1 of 1

5d+ ago

Apartment for rent in Billings

Two Bedroom Apartment in Lockwood

1216 Quinella Dr, Billings, MT 59101

2 beds

1 bath

$945

Stay up to date with rental market insights

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

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 $1,295 per month as of September 12, 2026.

Is rent up or down in Billings?

Average rent prices in Billings have increased by 2% 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 32% below the national average, which means renters are paying approximately $605 less per month.

Which neighborhoods are most affordable in Billings?

The most affordable neighborhoods in Billings are North Park ($995/mo), South Side ($995/mo), and Central Terry ($1,050/mo).

What salary do I need to afford rent in Billings?

To comfortably afford rent in Billings, you'd need to earn approximately $52,000/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
Apartments for rent in Laurel

2408 Icewine Dr, Billings, MT 59102, USA
531 Pemberton Ln, Billings, MT 59105, USA
5313 Golden Hollow Rd, Billings, MT 59101, USA
6150 Elysian Rd, Billings, MT 59101, USA
731 Custer Ave, Billings, MT 59101, USA
853 Dreamers Loop, Billings, MT 59105, USA
921 Howard Ave, Billings, MT 59101, USA
940 N 17th St, Billings, MT 59101, USA
115 N 35th St, Billings, MT 59101, USA
1409 Harmony Ct, Billings, MT 59101, USA
1937 Clubhouse Way, Billings, MT 59105, USA
2019 Virginia Ln, Billings, MT 59102, USA
2148 Walter Rd, Billings, MT 59105, USA
2218 2nd Ave N, Billings, MT 59101, USA
2437 Howard Ave, Billings, MT 59102, USA
2513 7th Ave N, Billings, MT 59101, USA
2518 Broadwater Ave, Billings, MT 59102, USA
2915 2nd Ave S, Billings, MT 59101, USA
32 Custer Ave, Billings, MT 59101, USA
420 Lordwith Dr, Billings, MT 59102, USA