Billings vs Lake Charles
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lake Charles is 24% cheaper for renters. A 2-bedroom rents for $735/mo vs $913/mo in Billings — saving $2,136/year.
Rent by Unit Size
| Unit Size | Billings | Lake Charles | Difference |
|---|---|---|---|
| Studio | $613 | $490 | $123 |
| 1 Bedroom | $724 | $592 | $132 |
| 2 Bedrooms | $913 | $735 | $178 |
| 3 Bedrooms | $1,136 | $930 | $206 |
| 4 Bedrooms | $1,214 | $984 | $230 |
| Median Income | $47,175 | $45,479 | $1,696 |
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
Lake Charles
- Studio
- $490/mo
- 1 BR
- $592/mo
- 2 BR
- $735/mo
- 3 BR
- $930/mo
- 4 BR
- $984/mo
- Median Income
- $45,479/yr
Frequently Asked Questions
Is Billings or Lake Charles cheaper to rent in?
Lake Charles is cheaper — a 2-bedroom Fair Market Rent is $735/mo vs $913/mo in Billings. That's $178/mo or $2,136/year more expensive in Billings (24% higher).
What is the 2-bedroom rent in Billings vs Lake Charles?
The HUD Fair Market Rent for a 2-bedroom in Billings is $913/month. In Lake Charles, a 2-bedroom FMR is $735/month.
How do incomes compare between Billings and Lake Charles?
The median household income in Billings is $47,175/year. In Lake Charles it is $45,479/year. Billings has the higher median income.
What is the studio rent in Billings vs Lake Charles?
A studio apartment Fair Market Rent in Billings is $613/mo. In Lake Charles it is $490/mo.