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Average Rent in Billings, MT & Rent Trends

What is the average 2-bedroom rent in Billings, MT?

The average listed 2-bedroom apartment rent in Billings, MT is $1,423 per month, as of November 6, 2026. This sample includes 18 priced apartments in 4 buildings. These are tracked asking prices, not signed leases.

We use published total monthly rent when known and base rent otherwise. Unknown fees remain unknown. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings.

Rent prices and market trends across 4 apartment communities in Billings, MT. Prices update after successful source checks.

Area All Areas West End
Billings 59105
Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed

Showing 2 bedrooms in Billings, MT.

Market Average

$1,423/mo

Lowest Available

$1,180/mo

cheapest unit on market

Communities

4

tracked daily

Units Listed

18

available now

Rent Watch: cuts and increases

Open Rent Watch →

See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.

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 $1,581 - $1,380 3 10
Billings 59105 $1,225 - $1,180 1 8

Is Rent Going Up or Down in Billings, MT?

As of November 2026, the average rent in Billings, MT is $1,423 per month across 4 apartment communities and 18 available units.

The most affordable option is Castlerock Apartment Homes starting at $1,180/mo. By unit type, a 2-bedroom averages $1,423/mo.

Prices range from $1,180 to $1,799 per month. The most common price point is the $1,200 range, where 7 units are currently listed.

Rent Price Distribution

Rent by Bedroom Type in Billings, MT

2 Bed
$1,423
from $1,180 · 18 units

Rent Prices by Apartment in Billings, MT

Property Starting at Average Units Rating
Castlerock Apartment Homes $1,180/mo $1,225/mo 8 4.2
Rimrock West Apartments $1,380/mo $1,440/mo 4 4.2
Rocky Meadows Apartments $1,470/mo $1,470/mo 1 4
Avenue C Apartments $1,661/mo $1,716/mo 5 4.1

Frequently Asked Questions About Rent in Billings, MT

How many bedrooms are you looking for?

How many bedrooms are you looking for?

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2 bedrooms

What is the average 2-bedroom rent in Billings, MT?
The average listed 2-bedroom apartment rent in Billings, MT is $1,423 per month, as of November 6, 2026. This sample includes 18 priced apartments in 4 buildings. These are tracked asking prices, not signed leases.

What rent range can I find in Billings, MT?
The 2-bedroom apartment listings we track in Billings, MT range from $1,180 to $1,799 per month, as of November 6, 2026. These are the lowest and highest listed prices. They are not a typical price for every apartment. The building, floor plan, and lease terms can affect the price.

Are rents going up or down in Billings, MT?
There is not enough comparable history to report a reliable 30-day rent change for 2-bedroom apartment listings in Billings, MT. Missing dates or a change in the buildings we track can prevent a comparison. The chart uses recorded prices for 2-bedroom apartments with a known unit identity. It averages those prices within each building before comparing buildings. Missing history does not mean rents stayed flat.

How much is a 2-bedroom apartment in Billings, MT?
2-bedroom apartments average $1,423 per month across 18 priced listings in Billings, MT. Listed rents range from $1,180 to $1,799 per month, as of November 6, 2026. Compare apartments with similar floor plans and lease terms.

Which tracked building has the lowest starting rent in Billings, MT?
Castlerock Apartment Homes has the lowest starting rent among the buildings in the comparison table, at $1,180 per month. We track 8 priced listings matching your bedroom choice in that building, as of November 6, 2026. The starting price applies to its lowest-priced matching apartment. Check that apartment's latest price and availability.

Which rent range has the most listings in Billings, MT?
The $1,200 to $1,400 monthly range has the most matching listings: 7 units, or 38.9% of the priced apartments we track in Billings, MT. This count does not tell us how fast the apartments rent.

How many apartment listings do you track in Billings, MT?
We track 18 priced units at 4 apartment buildings, as of November 6, 2026. These are 2-bedroom apartments. This is not the total number of apartments in those buildings. A listing can change or become unavailable. Open the apartment details to check its latest status.

How much rent history is available for Billings, MT?
We do not yet have enough accepted price records to draw a history chart for 2-bedroom apartment listings in Billings, MT. Current asking prices can appear before rent history is ready. We do not fill missing history with zero or with prices for a different bedroom count.

Why can the headline rent differ from the trend chart in Billings, MT?
The average at the top of the page gives each matching apartment equal weight. The chart first averages recorded prices within each building, then compares buildings. It removes the highest and lowest groups when at least ten buildings contribute and omits days with fewer than five buildings. Different dates, building counts, and listing mixes can produce different figures. The monthly table averages the recorded daily figures.

Does my bedroom choice change the prices and answers?
Yes. Your chosen area and bedroom count filter the asking rents, listing counts, rent ranges, and answers on this page. The active community exclusions are Student housing and 55+ / senior community and Corporate housing and Military / active duty housing and Veteran housing. When you choose a bedroom count, the history chart uses recorded prices for matching apartments with a known identity. If those records are missing, we leave the chart empty rather than use prices for other bedroom types. Open an individual apartment to check its own price history.

Do these rents include utilities, parking, and other fees?
We use the published total monthly rent when it is available and the base rent otherwise. Unknown fees are not zero. Utilities, parking, pet charges, deposits, and one-time costs can add to the amount you pay. Check the selected unit and lease terms for a complete quote.

How should I compare free-rent offers with listed rent?
A free-rent offer can reduce the effective cost over a lease without changing the listed monthly rent. Compare the same lease length and move-in date, then include required charges and the offer conditions. The market averages do not assume an unconfirmed discount.

Does this page represent every rental in the market?
These figures describe the priced apartment listings we track, not every rental home or every occupied apartment. Coverage and the mix of bedrooms, buildings, and locations can change. A lower market average does not prove that the same apartment received a price cut.

How fresh are the Billings, MT rent figures?
We schedule rent updates each day, but buildings can have different price-check dates. The latest accepted price check for these listings was November 6, 2026. The month label does not mean we checked every price today. Open the building or apartment details for its latest price and availability.

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

$57,000/year

Based on the 30 percent rule, using our tracked average rent of $1,423/mo.

Comfortable income

$68,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,180/mo), you need to earn at least $47,000/year.

Median household income in Billings, MT is $71,855 , about 5% above the comfortable-living threshold.

Explore Billings, MT Apartments

Browse all 4 communities with daily-updated pricing and availability.

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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) $1,423
Utilities $314
Groceries $521
Transportation $747
Healthcare $365
Other goods and services $583
Estimated total $3,953/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

We use listed asking rents and schedule daily data updates. Individual buildings can have different verification dates. Check the building or unit page for its latest price and availability.

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

We estimate annual income by dividing annual rent by 30 percent for the affordability figure and 25 percent for the comfortable-income figure. These estimates are a guide, not a guarantee of rental approval.

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.
Montana Rent Trends
Compare rent across all Montana cities
Explore Billings, MT on Map
See neighborhoods and rent data interactively
US-wide rent comparison
See how Billings, MT rents stack up against the national median

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