Billings vs Chico
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Billings is 16% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,059/mo in Chico — saving $1,752/year.
Rent by Unit Size
| Unit Size | Billings | Chico | Difference |
|---|---|---|---|
| Studio | $613 | $698 | $85 |
| 1 Bedroom | $724 | $859 | $135 |
| 2 Bedrooms | $913 | $1,059 | $146 |
| 3 Bedrooms | $1,136 | $1,354 | $218 |
| 4 Bedrooms | $1,214 | $1,491 | $277 |
| Median Income | $47,175 | $66,884 | $19,709 |
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
Chico
- Studio
- $698/mo
- 1 BR
- $859/mo
- 2 BR
- $1,059/mo
- 3 BR
- $1,354/mo
- 4 BR
- $1,491/mo
- Median Income
- $66,884/yr
Frequently Asked Questions
Is Billings or Chico cheaper to rent in?
Billings is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,059/mo in Chico. That's $146/mo or $1,752/year more expensive in Chico (16% higher).
What is the 2-bedroom rent in Billings vs Chico?
The HUD Fair Market Rent for a 2-bedroom in Billings is $913/month. In Chico, a 2-bedroom FMR is $1,059/month.
How do incomes compare between Billings and Chico?
The median household income in Billings is $47,175/year. In Chico it is $66,884/year. Chico has the higher median income.
What is the studio rent in Billings vs Chico?
A studio apartment Fair Market Rent in Billings is $613/mo. In Chico it is $698/mo.