Billings vs Concord
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Billings is 19% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,088/mo in Concord — saving $2,100/year.
Rent by Unit Size
| Unit Size | Billings | Concord | Difference |
|---|---|---|---|
| Studio | $613 | $755 | $142 |
| 1 Bedroom | $724 | $912 | $188 |
| 2 Bedrooms | $913 | $1,088 | $175 |
| 3 Bedrooms | $1,136 | $1,418 | $282 |
| 4 Bedrooms | $1,214 | $1,586 | $372 |
| Median Income | $47,175 | $53,649 | $6,474 |
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
Concord
- Studio
- $755/mo
- 1 BR
- $912/mo
- 2 BR
- $1,088/mo
- 3 BR
- $1,418/mo
- 4 BR
- $1,586/mo
- Median Income
- $53,649/yr
Frequently Asked Questions
Is Billings or Concord cheaper to rent in?
Billings is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,088/mo in Concord. That's $175/mo or $2,100/year more expensive in Concord (19% higher).
What is the 2-bedroom rent in Billings vs Concord?
The HUD Fair Market Rent for a 2-bedroom in Billings is $913/month. In Concord, a 2-bedroom FMR is $1,088/month.
How do incomes compare between Billings and Concord?
The median household income in Billings is $47,175/year. In Concord it is $53,649/year. Concord has the higher median income.
What is the studio rent in Billings vs Concord?
A studio apartment Fair Market Rent in Billings is $613/mo. In Concord it is $755/mo.