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Rent by ZIP · Yellowstone County

Rent in Billings, MT 59106

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,780 (+2.9% vs FY2026). Renters in this ZIP code pay a median $1,545 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,250$1,240+0.8%$1,125–1,375–
1 bedroom$1,410$1,350+4.4%$1,269–1,551$1,615 ±$189
2 bedrooms$1,780$1,730+2.9%$1,602–1,958$1,549 ±$182
3 bedrooms$2,460$2,380+3.4%$2,214–2,706$1,258 ±$868
4 bedrooms$2,810$2,710+3.7%$2,529–3,091$3,005 ±$2,037

Small Area FMRs for the Billings, MT HUD Metro FMR Area. 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 59106

Median gross rent$1,545±$149 · all sizes
Renter households1,68821% of occupied homes
No cash rent91households

How rents are spread

Under $1,00010%
$1,000–1,49936%
$1,500–1,99944%
$2,000–2,4996%
$2,500–2,9990%
$3,000–3,4994%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
59105Billings$1,630$1,164
59102Billings$1,470$1,150
59101Billings$1,360$999
59107Billings$1,440–
59104Billings$1,440–
59108Billings$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.