Rental market snapshot for Billings, Montana

Billings, Montana Rental Property Market Overview

Billings, Montana is the largest city in the state, with a population of 117,445 as of 2021, according to the US Census. It is located in the south-central region of the state, and is the county seat of Yellowstone County. The city is known for its vibrant culture, with a variety of museums, galleries, and performing arts venues. It is also home to a number of outdoor activities, such as hiking, fishing, and skiing. Billings is a great place to live, work, and play.

The average rent for an apartment in Billings is $1,103. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -6.3% over the past year.

Last Updated January 31, 2023

Average monthly rent graph in Billings Montana | Cost of Living

  • The most expensive ZIP Code in Billings is 59102 with an average price of $1,400
  • The cheapest ZIP Code in Billings is 59101 with an average price of $850

Billings ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
159102$1,400
259105$1,399
359106$1,175
459101$1,075

Live near Billings, Montana's Top Sights and Attractions

Burlington Park is a large, picturesque park located in the heart of the city. It features a large lake, walking trails, and plenty of open space for picnics and other outdoor activities. The park also has a playground, tennis courts, and a disc golf course. There are also several pavilions and gazebos for special events. The park is a great place to spend a day with family and friends, or just to relax and enjoy the beauty of nature.

South Park is a large, picturesque park located in the heart of the city. It features a large lake, walking trails, and plenty of green space for picnics and outdoor activities. The park also has a playground, a basketball court, and a disc golf course. In the summer, visitors can enjoy the park's outdoor pool and splash pad. South Park is a great place to relax and enjoy the outdoors.

Stewart Park is a beautiful outdoor area located in the heart of Montana. It features lush green grass, tall trees, and a large lake that is perfect for fishing, swimming, and boating. There are also plenty of trails for hiking, biking, and horseback riding. The park also has a playground, picnic areas, and a variety of wildlife. It is the perfect place to spend a day outdoors with family and friends.

Veterans Park is a large outdoor space located in the heart of the city. It features a large pond with a fountain, walking paths, and a variety of trees and shrubs. The park also has a memorial to honor veterans, with a large stone monument and several plaques. There are also several benches and picnic tables for visitors to enjoy. The park is a popular spot for locals and visitors alike, and is a great place to relax and take in the beauty of the area.

Lake Elmo State Park is a scenic outdoor destination located in the foothills of the Rocky Mountains. It features a large lake surrounded by lush forests and rolling hills. Visitors can enjoy a variety of activities such as fishing, boating, camping, hiking, and wildlife viewing. The park also offers a variety of amenities, including picnic areas, playgrounds, and restrooms. With its stunning views and abundance of recreational opportunities, Lake Elmo State Park is a great place to spend a day or weekend in the great outdoors.

Pioneer Park is a large outdoor recreational area located in the heart of Montana. It features a variety of activities including a large playground, a disc golf course, a skate park, a fishing pond, and a walking trail. The park also has several picnic areas, a basketball court, and a large open field for sports and other activities. The park is a great place to spend a day outdoors, with plenty of activities to keep everyone entertained.

Amend Park is a beautiful outdoor area located in the heart of the city. It features a large lake, walking trails, and plenty of open space for picnics and other activities. The park is home to a variety of wildlife, including ducks, geese, and other birds. There are also plenty of trees and shrubs providing shade and a peaceful atmosphere. Visitors can also enjoy the playground, tennis courts, and a disc golf course.

Rose Park is a beautiful park located in the heart of the city. It features a large lake surrounded by lush green grass and trees, providing a peaceful and tranquil atmosphere. There are plenty of walking paths, benches, and picnic areas, making it a great spot for a leisurely stroll or a picnic lunch. The park also features a playground, a basketball court, and a skate park, making it a great spot for families to enjoy. The park is also home to a variety of wildlife, including ducks, geese, and other birds.

Harvest Olympics Park is a family-friendly outdoor recreation area located in the foothills of the Rocky Mountains. The park features a variety of activities, including a disc golf course, a playground, a walking path, and a picnic area. There are also two large fields for sports such as soccer, baseball, and softball. The park also offers a variety of special events throughout the year, such as concerts, festivals, and holiday celebrations.

North Park is a popular outdoor destination located in the foothills of the Rocky Mountains. It features a variety of recreational activities, including hiking, biking, fishing, and camping. The park is home to a variety of wildlife, including deer, elk, and birds. Visitors can also enjoy stunning views of the surrounding mountains and valleys. North Park also features a playground, picnic areas, and a disc golf course.

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Billings, Montana area median rent change by ZIP Code map

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How does Billings compare to other cities in Montana ?

citymedian price
Butte$1,200
Billings$1,399
Kalispell$2,200
Butte$880
Whitefish$3,200
Bozeman$2,600
Great Falls$876
Helena$1,650
Whitefish$2,450

Average household income in Billings area graph - US Census

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The median household income in Billings in 2021 was $60,032. This represents a 25.4% change from 2011 when the median was $47,869.

#categorypercent
0Less than $10,0004.9%
1$10,000 to $14,9993.6%
2$15,000 to $19,9994.2%
3$20,000 to $24,9995.2%
4$25,000 to $29,9995.4%
5$30,000 to $34,9994.7%
6$35,000 to $39,9994.3%
7$40,000 to $44,9995.3%
8$45,000 to $49,9993.5%
9$50,000 to $59,9998.8%
10$60,000 to $74,99911.4%
11$75,000 to $99,99912.5%
12$100,000 to $124,9999.0%
13$125,000 to $149,9995.1%
14$150,000 to $199,9996.0%
15$200,000 or more6.2%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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