What's the average rent in Billings, MT?

Rental Market Trends in Billings, MT

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Billings, MT is $1,449 per month, which is 25% lower than the national average rent of $1,932 per month.

AVERAGE RENT

$1,449
0.5%
$7 increase month-over-month
-3.4%
-$51 decrease year-over-year

AVAILABLE RENTALS

360

APARTMENTS

$1,302

HOUSES

$2,000

TOWNHOUSES

$1,739
As of November 2026, apartments are the most affordable rental option in Billings, MT at $1,302 per month, while houses are the most expensive at $2,000 per month. Townhomes average $1,739 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,185
2 Bedrooms$1,350
3 Bedrooms$1,995
4 Bedrooms$2,200
All$1,449
As of November 2026, the average rent for a 1 bedroom rental in Billings, MT is $1,185 per month, followed by $1,350 for a 2 bedroom rental, $1,995 for a 3 bedroom rental, and $2,200 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by 0% compared to the previous year, which is a $5 decrease.
This year (2026)
Last year (2025)

Rent distribution

46% of rentals have rent of $800-$1,499/month

Rental price range

The price range for rentals is $650 to $5,500.
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