What's the average rent in Billings, MT?

Rental Market Trends in Billings, MT

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Billings, MT is $1,429 per month, which is 27% lower than the national average rent of $1,948 per month.

AVERAGE RENT

$1,429

-3.9%-$58 decrease month-over-month

-4.7%-$70 decrease year-over-year

AVAILABLE RENTALS

334

APARTMENTS

$1,270

HOUSES

$2,000

TOWNHOUSES

$1,750

As of September 2026, apartments are the most affordable rental option in Billings, MT at $1,270 per month, while houses are the most expensive at $2,000 per month. Townhomes average $1,750 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,175
2 Bedrooms	$1,400
3 Bedrooms	$2,000
4 Bedrooms	$2,195
All	$1,429

As of September 2026, the average rent for a 1 bedroom rental in Billings, MT is $1,175 per month, followed by $1,400 for a 2 bedroom rental, $2,000 for a 3 bedroom rental, and $2,195 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,260
2 Bedrooms	$1,700
3 Bedrooms	$2,375
4 Bedrooms	$1,995
All	$1,750

As of September 2026, the average rent for a 1 bedroom townhome in Billings, MT is $1,260 per month, followed by $1,700 for a 2 bedroom townhome, $2,375 for a 3 bedroom townhome, and $1,995 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,100
2 Bedrooms	$1,250
3 Bedrooms	$1,895
4 Bedrooms	—
All	$1,219

As of September 2026, the average rent for a 1 bedroom apartment in Billings, MT is $1,100 per month, followed by $1,250 for a 2 bedroom apartment, and $1,895 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$950
2 Bedrooms	$1,675
3 Bedrooms	$2,295
4 Bedrooms	$2,200
All	$2,000

As of September 2026, the average rent for a 1 bedroom house in Billings, MT is $950 per month, followed by $1,675 for a 2 bedroom house, $2,295 for a 3 bedroom house, and $2,200 for a 4 bedroom house.