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Average Rent in Billings, MT & Rent Trends

Rent prices and market trends across 5 apartment communities in Billings, MT. Updated daily.

Market Average

$1,531/mo

Lowest Available

$1,250/mo

cheapest unit on market

Communities

5

tracked daily

Units Listed

19

available now

Rent by Neighborhood in Billings, MT

Compare average rent across Billings, MT neighborhoods. Click any area to see detailed trends.

Neighborhood Avg Rent From Properties Units
Billings 59102 $1,679 $1,295 4 25
Billings 59105 $1,409 $1,250 1 5

Is Rent Going Up or Down in Billings, MT?

As of June 2026, the average rent in Billings, MT is $1,531 per month across 5 apartment communities and 19 available units.

The most affordable option is Castlerock Apartment Homes starting at $1,250/mo. By unit type, a 2-bedroom averages $1,531/mo.

Prices range from $1,250 to $2,036 per month. The most common price point is the $1,400 range, where 9 units are currently listed.

Rent Price Distribution

Rent by Bedroom Type in Billings, MT

2 Bed
$1,531
from $1,250 · 19 units

Rent Prices by Apartment in Billings, MT

Property Starting at Average Units Rating
Castlerock Apartment Homes $1,250/mo $1,343/mo 4 4.2
Rimrock West Apartments $1,315/mo $1,374/mo 4 4.2
Rocky Meadows Apartments $1,410/mo $1,487/mo 6 4
Premier Property Management Services $1,575/mo $1,775/mo 3 4.7
Avenue C Apartments $1,945/mo $1,991/mo 2 4.1

Frequently Asked Questions About Rent in Billings, MT

What is the average rent in Billings, MT?
The average rent in Billings, MT is $1,531 per month as of June 2026, based on 19 units across 5 apartment communities.
Is rent going up or down in Billings, MT?
The current average rent in Billings, MT is $1,531/mo, refreshed daily to track rent trends.
What is the cheapest apartment in Billings, MT?
The most affordable apartment in Billings, MT is Castlerock Apartment Homes with units starting at $1,250/mo.
How many apartments are available in Billings, MT?
There are 19 units available across 5 apartment communities 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

$61,000/year

Based on the 30 percent rule, using our tracked average rent of $1,531/mo.

Comfortable income

$73,000/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.

Cost of living in Billings, MT

We only have live rent data for Billings, MT so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.

Category Monthly estimate
Rent (market average) $1,531
Estimated total $1,531/mo

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 are refreshed annually.

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