Billings vs Casper
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Casper is 15% cheaper for renters. A 2-bedroom rents for $795/mo vs $913/mo in Billings — saving $1,416/year.
Rent by Unit Size
| Unit Size | Billings | Casper | Difference |
|---|---|---|---|
| Studio | $613 | $561 | $52 |
| 1 Bedroom | $724 | $666 | $58 |
| 2 Bedrooms | $913 | $795 | $118 |
| 3 Bedrooms | $1,136 | $1,009 | $127 |
| 4 Bedrooms | $1,214 | $1,224 | $10 |
| Median Income | $47,175 | $43,997 | $3,178 |
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
Casper
- Studio
- $561/mo
- 1 BR
- $666/mo
- 2 BR
- $795/mo
- 3 BR
- $1,009/mo
- 4 BR
- $1,224/mo
- Median Income
- $43,997/yr
Frequently Asked Questions
Is Billings or Casper cheaper to rent in?
Casper is cheaper — a 2-bedroom Fair Market Rent is $795/mo vs $913/mo in Billings. That's $118/mo or $1,416/year more expensive in Billings (15% higher).
What is the 2-bedroom rent in Billings vs Casper?
The HUD Fair Market Rent for a 2-bedroom in Billings is $913/month. In Casper, a 2-bedroom FMR is $795/month.
How do incomes compare between Billings and Casper?
The median household income in Billings is $47,175/year. In Casper it is $43,997/year. Billings has the higher median income.
What is the studio rent in Billings vs Casper?
A studio apartment Fair Market Rent in Billings is $613/mo. In Casper it is $561/mo.