Rent by ZIP · Yellowstone County
Rent in Billings, MT 59101
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,360 (+0.7% vs FY2026). Renters in this ZIP code pay a median $972 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $950 | $970 | -2.1% | $855–1,045 | $718 ±$252 |
| 1 bedroom | $1,070 | $1,060 | +0.9% | $963–1,177 | $784 ±$55 |
| 2 bedrooms | $1,360 | $1,350 | +0.7% | $1,224–1,496 | $999 ±$65 |
| 3 bedrooms | $1,880 | $1,860 | +1.1% | $1,692–2,068 | $1,266 ±$94 |
| 4 bedrooms | $2,150 | $2,110 | +1.9% | $1,935–2,365 | $1,560 ±$276 |
Small Area FMRs for the Billings, MT HUD Metro FMR Area. This ZIP code is in more than one HUD area; figures are for the main one. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Billings, MT HUD Metro FMR Area, 2 bedrooms: $1,432.
What renters pay in 59101
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 59102 | Billings | $1,470 | $1,150 |
| 59105 | Billings | $1,630 | $1,164 |
| 59106 | Billings | $1,780 | $1,549 |
| 59103 | Billings | $1,440 | – |
| 59104 | Billings | $1,440 | – |
| 59107 | Billings | $1,440 | – |
Fair Market Rents across Yellowstone County, MT · All MT counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.