Billings, MT Rental Market Trends

Last updated: February 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Average rent in Billings, MT

Last updated: February 22, 2026

Billings, MT rent trends

Rental prices in Billings, MT have increased by 4.37% over the past year. The average rent moved from $1,430 to $1,493.

What's the typical rent budget in Billings, MT?

The largest share of rentals in Billings, MT (53%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Billings, MT?

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Average Rent in Billings, MT By Neighborhood

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Billings | Rent Comparison by Neighborhood

Neighborhood
vs.

Rent in Billings Heights is 4% lower than in Blue Creek - Duck Creek

$1,408

Billings Heights rent is 6% lower than Billings average

Average Rent $1,408
$1,468

Blue Creek - Duck Creek rent is 2% lower than Billings average

Average Rent $1,468

How Billings Compares to Other Cities

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Billings apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.