Billings vs Cleveland-Elyria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cleveland-Elyria is 8% cheaper for renters. A 2-bedroom rents for $844/mo vs $913/mo in Billings — saving $828/year.
Rent by Unit Size
| Unit Size | Billings | Cleveland-Elyria | Difference |
|---|---|---|---|
| Studio | $613 | $566 | $47 |
| 1 Bedroom | $724 | $677 | $47 |
| 2 Bedrooms | $913 | $844 | $69 |
| 3 Bedrooms | $1,136 | $1,081 | $55 |
| 4 Bedrooms | $1,214 | $1,197 | $17 |
| Median Income | $47,175 | $59,020 | $11,845 |
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
Cleveland-Elyria
- Studio
- $566/mo
- 1 BR
- $677/mo
- 2 BR
- $844/mo
- 3 BR
- $1,081/mo
- 4 BR
- $1,197/mo
- Median Income
- $59,020/yr
Frequently Asked Questions
Is Billings or Cleveland-Elyria cheaper to rent in?
Cleveland-Elyria is cheaper — a 2-bedroom Fair Market Rent is $844/mo vs $913/mo in Billings. That's $69/mo or $828/year more expensive in Billings (8% higher).
What is the 2-bedroom rent in Billings vs Cleveland-Elyria?
The HUD Fair Market Rent for a 2-bedroom in Billings is $913/month. In Cleveland-Elyria, a 2-bedroom FMR is $844/month.
How do incomes compare between Billings and Cleveland-Elyria?
The median household income in Billings is $47,175/year. In Cleveland-Elyria it is $59,020/year. Cleveland-Elyria has the higher median income.
What is the studio rent in Billings vs Cleveland-Elyria?
A studio apartment Fair Market Rent in Billings is $613/mo. In Cleveland-Elyria it is $566/mo.