Billings vs Champaign-Urbana
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Champaign-Urbana is 20% cheaper for renters. A 2-bedroom rents for $764/mo vs $913/mo in Billings — saving $1,788/year.
Rent by Unit Size
| Unit Size | Billings | Champaign-Urbana | Difference |
|---|---|---|---|
| Studio | $613 | $503 | $110 |
| 1 Bedroom | $724 | $642 | $82 |
| 2 Bedrooms | $913 | $764 | $149 |
| 3 Bedrooms | $1,136 | $1,017 | $119 |
| 4 Bedrooms | $1,214 | $1,103 | $111 |
| Median Income | $47,175 | $49,808 | $2,633 |
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
Champaign-Urbana
- Studio
- $503/mo
- 1 BR
- $642/mo
- 2 BR
- $764/mo
- 3 BR
- $1,017/mo
- 4 BR
- $1,103/mo
- Median Income
- $49,808/yr
Frequently Asked Questions
Is Billings or Champaign-Urbana cheaper to rent in?
Champaign-Urbana is cheaper — a 2-bedroom Fair Market Rent is $764/mo vs $913/mo in Billings. That's $149/mo or $1,788/year more expensive in Billings (20% higher).
What is the 2-bedroom rent in Billings vs Champaign-Urbana?
The HUD Fair Market Rent for a 2-bedroom in Billings is $913/month. In Champaign-Urbana, a 2-bedroom FMR is $764/month.
How do incomes compare between Billings and Champaign-Urbana?
The median household income in Billings is $47,175/year. In Champaign-Urbana it is $49,808/year. Champaign-Urbana has the higher median income.
What is the studio rent in Billings vs Champaign-Urbana?
A studio apartment Fair Market Rent in Billings is $613/mo. In Champaign-Urbana it is $503/mo.