Billings vs Cape Coral-Fort Myers
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Billings is 28% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,171/mo in Cape Coral-Fort Myers — saving $3,096/year.
Rent by Unit Size
| Unit Size | Billings | Cape Coral-Fort Myers | Difference |
|---|---|---|---|
| Studio | $613 | $802 | $189 |
| 1 Bedroom | $724 | $985 | $261 |
| 2 Bedrooms | $913 | $1,171 | $258 |
| 3 Bedrooms | $1,136 | $1,479 | $343 |
| 4 Bedrooms | $1,214 | $1,690 | $476 |
| Median Income | $47,175 | $72,521 | $25,346 |
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
Cape Coral-Fort Myers
- Studio
- $802/mo
- 1 BR
- $985/mo
- 2 BR
- $1,171/mo
- 3 BR
- $1,479/mo
- 4 BR
- $1,690/mo
- Median Income
- $72,521/yr
Frequently Asked Questions
Is Billings or Cape Coral-Fort Myers cheaper to rent in?
Billings is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,171/mo in Cape Coral-Fort Myers. That's $258/mo or $3,096/year more expensive in Cape Coral-Fort Myers (28% higher).
What is the 2-bedroom rent in Billings vs Cape Coral-Fort Myers?
The HUD Fair Market Rent for a 2-bedroom in Billings is $913/month. In Cape Coral-Fort Myers, a 2-bedroom FMR is $1,171/month.
How do incomes compare between Billings and Cape Coral-Fort Myers?
The median household income in Billings is $47,175/year. In Cape Coral-Fort Myers it is $72,521/year. Cape Coral-Fort Myers has the higher median income.
What is the studio rent in Billings vs Cape Coral-Fort Myers?
A studio apartment Fair Market Rent in Billings is $613/mo. In Cape Coral-Fort Myers it is $802/mo.