Billings vs Idaho Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Idaho Falls is 2% cheaper for renters. A 2-bedroom rents for $897/mo vs $913/mo in Billings — saving $192/year.
Rent by Unit Size
| Unit Size | Billings | Idaho Falls | Difference |
|---|---|---|---|
| Studio | $613 | $583 | $30 |
| 1 Bedroom | $724 | $710 | $14 |
| 2 Bedrooms | $913 | $897 | $16 |
| 3 Bedrooms | $1,136 | $1,089 | $47 |
| 4 Bedrooms | $1,214 | $1,288 | $74 |
| Median Income | $47,175 | $42,238 | $4,937 |
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
Idaho Falls
- Studio
- $583/mo
- 1 BR
- $710/mo
- 2 BR
- $897/mo
- 3 BR
- $1,089/mo
- 4 BR
- $1,288/mo
- Median Income
- $42,238/yr
Frequently Asked Questions
Is Billings or Idaho Falls cheaper to rent in?
Idaho Falls is cheaper — a 2-bedroom Fair Market Rent is $897/mo vs $913/mo in Billings. That's $16/mo or $192/year more expensive in Billings (2% higher).
What is the 2-bedroom rent in Billings vs Idaho Falls?
The HUD Fair Market Rent for a 2-bedroom in Billings is $913/month. In Idaho Falls, a 2-bedroom FMR is $897/month.
How do incomes compare between Billings and Idaho Falls?
The median household income in Billings is $47,175/year. In Idaho Falls it is $42,238/year. Billings has the higher median income.
What is the studio rent in Billings vs Idaho Falls?
A studio apartment Fair Market Rent in Billings is $613/mo. In Idaho Falls it is $583/mo.