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Homes & Apartments for Rent in Billings, MT

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What to Know About

Living in Billings, MT

Billings is an enchanting city famous for its beautiful scenery, western tradition, and ample opportunities for outdoor activities. The city has various cultural landmarks, including the Yellowstone Art Museum, the Western Heritage Center, and the Moss Mansion Historic House Museum. Billings is the location of Montana State University Billings, providing exceptional academic prospects. Billings has a strong and growing economy with various healthcare, energy, and agriculture industries, providing ample employment opportunities for residents.

Nature enthusiasts can explore Billings' many parks and nature preserves, including Pictograph Cave State Park, ZooMontana, and Riverfront Park. In addition, Billings is the gateway to Yellowstone National Park, one of the country's most popular tourist attractions and destinations. The city's dining scene offers local and international cuisine, featuring steak, bison burgers, and craft beer. In addition, billings stages several events every year, such as the MontanaFair, the Magic City Blues Festival, and the Montana Folk Festival.

Billings is a great place to live for anyone looking for a beautiful natural setting, plenty of outdoor recreational activities, excellent education opportunities, high-quality healthcare, a strong economy, and a friendly and welcoming community.

Rental Market Trends

Billings, MT

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As of November 2026, Billings's rental market is competitive, with rentals spending about 23 days on the market, faster than in Montana (26), and rents up 1.1% over the past year. Billings's average rent is 18.4% ($351) lower than the Montana average of $1,910 and 23.4% ($477) lower than the U.S. average of $2,036.

Average Rent
$1,559
Monthly ChangeMonth Over Month Change
Increased0.97% ($15)
Yearly ChangeYear Over Year Change
Increased1.1% ($17)
Days on Market
23
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,219 Increased1.58% ($19) Increased3.3% ($39)
2 Beds $1,443 Increased0.16% ($2) Increased0.3% ($4)
3 Beds $2,077 Increased0.90% ($19) Increased0.3% ($5)
Nearby Cities Average Rent Avg. Rent vs. BillingsAverage Rent vs. Billings Days on Market
Acton $1,308 Decreased16.1% ($251) 22 days
Laurel $1,380 Decreased11.5% ($179) 22 days
Based on rentals advertised on RentalSource in and around Billings.
Frequently Asked Questions
Billings Rental Market FAQs

Explore rental prices, market conditions, and affordability in Billings, MT.

The average rent in Billings, MT is $1,559 per month.
In Billings, the average rent is $1,219 per month for a 1-bedroom home, $1,443 for a 2-bedroom home and $2,077 for a 3-bedroom home.
The average rent in Billings is 23.4% ($477) lower than the national average of $2,036 per month.
The rental market in Billings, MT is currently competitive, with rentals spending about 23 days on the market, faster than in Montana (26), and rents up 1.1% over the past year.
Based on the current averages, a household would need an annual income of $57,700 to comfortably afford a 2-bedroom home in Billings.
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