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 August 2026, the average rent in Billings, MT is $1,373 per month, which is 30% lower than the national average rent of $1,965 per month.
AVERAGE RENT
$1,373
-1.9%-$27 decrease month-over-month
-8.5%-$127 decrease year-over-year
AVAILABLE RENTALS
277
APARTMENTS
HOUSES
TOWNHOUSES
As of August 2026, apartments are the most affordable rental option in Billings, MT at $1,308 per month, while houses are the most expensive at $1,725 per month. Townhomes average $1,675 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,108 |
| 2 Bedrooms | $1,350 |
| 3 Bedrooms | $1,800 |
| 4 Bedrooms | $2,107 |
| All | $1,373 |
As of August 2026, the average rent for a 1 bedroom rental in Billings, MT is $1,108 per month, followed by $1,350 for a 2 bedroom rental, $1,800 for a 3 bedroom rental, and $2,107 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $795 |
| 2 Bedrooms | $1,600 |
| 3 Bedrooms | $2,000 |
| 4 Bedrooms | $1,900 |
| All | $1,675 |
As of August 2026, the average rent for a 1 bedroom townhome in Billings, MT is $795 per month, followed by $1,600 for a 2 bedroom townhome, $2,000 for a 3 bedroom townhome, and $1,900 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,095 |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | $1,750 |
| 4 Bedrooms | $2,025 |
| All | $1,150 |
As of August 2026, the average rent for a 1 bedroom apartment in Billings, MT is $1,095 per month, followed by $1,150 for a 2 bedroom apartment, $1,750 for a 3 bedroom apartment, and $2,025 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,000 |
| 2 Bedrooms | $1,500 |
| 3 Bedrooms | $1,900 |
| 4 Bedrooms | $2,200 |
| All | $1,725 |
As of August 2026, the average rent for a 1 bedroom house in Billings, MT is $1,000 per month, followed by $1,500 for a 2 bedroom house, $1,900 for a 3 bedroom house, and $2,200 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -10% compared to the previous year, which is a $150 decrease.
This year (2026)
Last year (2025)
Rent distribution
53% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $675 to $4,600.