Billings vs El Paso
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
El Paso is 5% cheaper for renters. A 2-bedroom rents for $868/mo vs $913/mo in Billings — saving $540/year.
Rent by Unit Size
| Unit Size | Billings | El Paso | Difference |
|---|---|---|---|
| Studio | $613 | $557 | $56 |
| 1 Bedroom | $724 | $685 | $39 |
| 2 Bedrooms | $913 | $868 | $45 |
| 3 Bedrooms | $1,136 | $1,052 | $84 |
| 4 Bedrooms | $1,214 | $1,194 | $20 |
| Median Income | $47,175 | $45,964 | $1,211 |
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
El Paso
- Studio
- $557/mo
- 1 BR
- $685/mo
- 2 BR
- $868/mo
- 3 BR
- $1,052/mo
- 4 BR
- $1,194/mo
- Median Income
- $45,964/yr
Frequently Asked Questions
Is Billings or El Paso cheaper to rent in?
El Paso is cheaper — a 2-bedroom Fair Market Rent is $868/mo vs $913/mo in Billings. That's $45/mo or $540/year more expensive in Billings (5% higher).
What is the 2-bedroom rent in Billings vs El Paso?
The HUD Fair Market Rent for a 2-bedroom in Billings is $913/month. In El Paso, a 2-bedroom FMR is $868/month.
How do incomes compare between Billings and El Paso?
The median household income in Billings is $47,175/year. In El Paso it is $45,964/year. Billings has the higher median income.
What is the studio rent in Billings vs El Paso?
A studio apartment Fair Market Rent in Billings is $613/mo. In El Paso it is $557/mo.