Billings vs Evansville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Evansville is 32% cheaper for renters. A 2-bedroom rents for $694/mo vs $913/mo in Billings — saving $2,628/year.
Rent by Unit Size
| Unit Size | Billings | Evansville | Difference |
|---|---|---|---|
| Studio | $613 | $442 | $171 |
| 1 Bedroom | $724 | $564 | $160 |
| 2 Bedrooms | $913 | $694 | $219 |
| 3 Bedrooms | $1,136 | $844 | $292 |
| 4 Bedrooms | $1,214 | $981 | $233 |
| Median Income | $47,175 | $35,376 | $11,799 |
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
Evansville
- Studio
- $442/mo
- 1 BR
- $564/mo
- 2 BR
- $694/mo
- 3 BR
- $844/mo
- 4 BR
- $981/mo
- Median Income
- $35,376/yr
Frequently Asked Questions
Is Billings or Evansville cheaper to rent in?
Evansville is cheaper — a 2-bedroom Fair Market Rent is $694/mo vs $913/mo in Billings. That's $219/mo or $2,628/year more expensive in Billings (32% higher).
What is the 2-bedroom rent in Billings vs Evansville?
The HUD Fair Market Rent for a 2-bedroom in Billings is $913/month. In Evansville, a 2-bedroom FMR is $694/month.
How do incomes compare between Billings and Evansville?
The median household income in Billings is $47,175/year. In Evansville it is $35,376/year. Billings has the higher median income.
What is the studio rent in Billings vs Evansville?
A studio apartment Fair Market Rent in Billings is $613/mo. In Evansville it is $442/mo.