What's the average rent in Billings, MT?

Rental Market Trends in Billings, MT

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SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Billings, MT is $1,475 per month, which is 23% lower than the national average rent of $1,910 per month.

AVERAGE RENT

$1,475
-1.7%
-$25 decrease month-over-month
5.3%
$75 increase year-over-year

AVAILABLE RENTALS

260

APARTMENTS

$1,384

HOUSES

$2,133

TOWNHOUSES

$1,850
As of May 2026, apartments are the most affordable rental option in Billings, MT at $1,384 per month, while houses are the most expensive at $2,133 per month. Townhomes average $1,850 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,150
2 Bedrooms$1,350
3 Bedrooms$2,000
4 Bedrooms$2,495
All$1,400
As of May 2026, the average rent for a 1 bedroom rental in Billings, MT is $1,150 per month, followed by $1,350 for a 2 bedroom rental, $2,000 for a 3 bedroom rental, and $2,495 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -3% compared to the previous year, which is a $36 decrease.
This year (2026)
Last year (2025)

Rent distribution

47% of rentals have rent of $800-$1,499/month

Rental price range

The price range for rentals is $695 to $4,600.
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