Last updated
Average Rent in Billings, MT & Rent Trends
Rent prices and market trends across 4 apartment communities in Billings, MT. Updated daily.
Market Average
$1,473/mo
Lowest Available
$1,250/mo
cheapest unit on market
Communities
4
tracked daily
Units Listed
14
available now
Price Cuts This Week in Billings, MT
7 listed units across 4 buildings offering 2 bed units in Billings, MT dropped their asking rent in the past 7 days, an average cut of $22/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Avenue C Apartments | Unit 1, Shiloh | $1,916 | $1,888 | $28 |
| Avenue C Apartments | Unit 2, Shiloh | $1,966 | $1,938 | $28 |
| Castlerock Apartment Homes | Unit 5, B3 | $1,320 | $1,300 | $20 |
| Rimrock West Apartments | Unit 1, B1 | $1,440 | $1,420 | $20 |
| Rimrock West Apartments | Unit 2, B1 | $1,465 | $1,445 | $20 |
| Rocky Meadows Apartments | Unit 3, B1 | $1,535 | $1,515 | $20 |
| Rocky Meadows Apartments | Unit 5, B1 | $1,505 | $1,485 | $20 |
Rent by Neighborhood in Billings, MT
Compare average rent across Billings, MT neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| West End | $1,592 | ▼ $46 | $1,215 | 3 | 14 |
| Billings 59105 | $1,268 | ▼ $45 | $1,175 | 1 | 6 |
Is Rent Going Up or Down in Billings, MT?
As of September 2026, the average rent in Billings, MT is $1,473 per month across 4 apartment communities and 14 available units.
The most affordable option is Castlerock Apartment Homes starting at $1,250/mo. By unit type, a 2-bedroom averages $1,473/mo.
Prices range from $1,250 to $1,938 per month. The most common price point is the $1,400 range, where 7 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Billings, MT
Rent Prices by Apartment in Billings, MT
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Castlerock Apartment Homes | $1,250/mo | $1,287/mo | 5 | 4.2 |
| Rimrock West Apartments | $1,420/mo | $1,433/mo | 2 | 4.2 |
| Rocky Meadows Apartments | $1,485/mo | $1,498/mo | 5 | 4 |
| Avenue C Apartments | $1,888/mo | $1,913/mo | 2 | 4.1 |
Frequently Asked Questions About Rent in Billings, MT
What is the average rent in Billings, MT?
Is rent going up or down in Billings, MT?
What is the cheapest apartment in Billings, MT?
How many apartments are available in Billings, MT?
What salary do I need to live comfortably in Billings, MT?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$59,000/year
Based on the 30 percent rule, using our tracked average rent of $1,473/mo.
Comfortable income
$71,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,250/mo), you need to earn at least $50,000/year.
Median household income in Billings, MT is $71,855 , about 2% above the comfortable-living threshold.
Cost of living in Billings, MT
Overall prices in Billings, MT runs below the national average by about 10% (BEA Regional Price Parity index 90.3, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Billings, MT's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,473 |
| Utilities | $314 |
| Groceries | $521 |
| Transportation | $747 |
| Healthcare | $365 |
| Other goods and services | $583 |
| Estimated total | $4,003/mo |
Population
118,321
Median household income
$71,855
Census median rent
$1,097/mo
Census rent burden
29.3%
Median age
38.1
Mean commute
17 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Billings, MT Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Billings, MT Apartments
Browse all 4 communities with daily-updated pricing and availability.