What's the average rent in Billings, MT?
Rental Market Trends in Billings, MT
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
HOUSES
TOWNHOUSES
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 type | Average 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.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,250 |
| 2 Bedrooms | $1,675 |
| 3 Bedrooms | $2,150 |
| 4 Bedrooms | $2,100 |
| All | $1,900 |
As of May 2026, the average rent for a 1 bedroom townhome in Billings, MT is $1,250 per month, followed by $1,675 for a 2 bedroom townhome, $2,150 for a 3 bedroom townhome, and $2,100 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $995 |
| 2 Bedrooms | $1,200 |
| 3 Bedrooms | $1,750 |
| 4 Bedrooms | $1,695 |
| All | $1,154 |
As of May 2026, the average rent for a 1 bedroom apartment in Billings, MT is $995 per month, followed by $1,200 for a 2 bedroom apartment, $1,750 for a 3 bedroom apartment, and $1,695 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,395 |
| 2 Bedrooms | $1,395 |
| 3 Bedrooms | $2,300 |
| 4 Bedrooms | $2,989 |
| All | $2,200 |
As of May 2026, the average rent for a 1 bedroom house in Billings, MT is $1,395 per month, followed by $1,395 for a 2 bedroom house, $2,300 for a 3 bedroom house, and $2,989 for a 4 bedroom house.
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.