Albany vs Billings
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albany is 58% cheaper for renters. A 2-bedroom rents for $577/mo vs $913/mo in Billings — saving $4,032/year.
Rent by Unit Size
| Unit Size | Albany | Billings | Difference |
|---|---|---|---|
| Studio | $407 | $613 | $206 |
| 1 Bedroom | $488 | $724 | $236 |
| 2 Bedrooms | $577 | $913 | $336 |
| 3 Bedrooms | $748 | $1,136 | $388 |
| 4 Bedrooms | $841 | $1,214 | $373 |
| Median Income | $39,279 | $47,175 | $7,896 |
Albany
- Studio
- $407/mo
- 1 BR
- $488/mo
- 2 BR
- $577/mo
- 3 BR
- $748/mo
- 4 BR
- $841/mo
- Median Income
- $39,279/yr
Billings
- Studio
- $613/mo
- 1 BR
- $724/mo
- 2 BR
- $913/mo
- 3 BR
- $1,136/mo
- 4 BR
- $1,214/mo
- Median Income
- $47,175/yr
Frequently Asked Questions
Is Albany or Billings cheaper to rent in?
Albany is cheaper — a 2-bedroom Fair Market Rent is $577/mo vs $913/mo in Billings. That's $336/mo or $4,032/year more expensive in Billings (58% higher).
What is the 2-bedroom rent in Albany vs Billings?
The HUD Fair Market Rent for a 2-bedroom in Albany is $577/month. In Billings, a 2-bedroom FMR is $913/month.
How do incomes compare between Albany and Billings?
The median household income in Albany is $39,279/year. In Billings it is $47,175/year. Billings has the higher median income.
What is the studio rent in Albany vs Billings?
A studio apartment Fair Market Rent in Albany is $407/mo. In Billings it is $613/mo.