Billings vs Lakeland-Winter Haven
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Billings is 11% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,013/mo in Lakeland-Winter Haven — saving $1,200/year.
Rent by Unit Size
| Unit Size | Billings | Lakeland-Winter Haven | Difference |
|---|---|---|---|
| Studio | $613 | $664 | $51 |
| 1 Bedroom | $724 | $793 | $69 |
| 2 Bedrooms | $913 | $1,013 | $100 |
| 3 Bedrooms | $1,136 | $1,178 | $42 |
| 4 Bedrooms | $1,214 | $1,395 | $181 |
| Median Income | $47,175 | $55,009 | $7,834 |
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
Lakeland-Winter Haven
- Studio
- $664/mo
- 1 BR
- $793/mo
- 2 BR
- $1,013/mo
- 3 BR
- $1,178/mo
- 4 BR
- $1,395/mo
- Median Income
- $55,009/yr
Frequently Asked Questions
Is Billings or Lakeland-Winter Haven cheaper to rent in?
Billings is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,013/mo in Lakeland-Winter Haven. That's $100/mo or $1,200/year more expensive in Lakeland-Winter Haven (11% higher).
What is the 2-bedroom rent in Billings vs Lakeland-Winter Haven?
The HUD Fair Market Rent for a 2-bedroom in Billings is $913/month. In Lakeland-Winter Haven, a 2-bedroom FMR is $1,013/month.
How do incomes compare between Billings and Lakeland-Winter Haven?
The median household income in Billings is $47,175/year. In Lakeland-Winter Haven it is $55,009/year. Lakeland-Winter Haven has the higher median income.
What is the studio rent in Billings vs Lakeland-Winter Haven?
A studio apartment Fair Market Rent in Billings is $613/mo. In Lakeland-Winter Haven it is $664/mo.