Asheville vs Billings
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Billings is 21% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,106/mo in Asheville — saving $2,316/year.
Rent by Unit Size
| Unit Size | Asheville | Billings | Difference |
|---|---|---|---|
| Studio | $689 | $613 | $76 |
| 1 Bedroom | $875 | $724 | $151 |
| 2 Bedrooms | $1,106 | $913 | $193 |
| 3 Bedrooms | $1,316 | $1,136 | $180 |
| 4 Bedrooms | $1,577 | $1,214 | $363 |
| Median Income | $64,400 | $47,175 | $17,225 |
Asheville
- Studio
- $689/mo
- 1 BR
- $875/mo
- 2 BR
- $1,106/mo
- 3 BR
- $1,316/mo
- 4 BR
- $1,577/mo
- Median Income
- $64,400/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 Asheville or Billings cheaper to rent in?
Billings is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,106/mo in Asheville. That's $193/mo or $2,316/year more expensive in Asheville (21% higher).
What is the 2-bedroom rent in Asheville vs Billings?
The HUD Fair Market Rent for a 2-bedroom in Asheville is $1,106/month. In Billings, a 2-bedroom FMR is $913/month.
How do incomes compare between Asheville and Billings?
The median household income in Asheville is $64,400/year. In Billings it is $47,175/year. Asheville has the higher median income.
What is the studio rent in Asheville vs Billings?
A studio apartment Fair Market Rent in Asheville is $689/mo. In Billings it is $613/mo.