Billings vs Louisville-Jefferson County
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Louisville-Jefferson County is 9% cheaper for renters. A 2-bedroom rents for $835/mo vs $913/mo in Billings — saving $936/year.
Rent by Unit Size
| Unit Size | Billings | Louisville-Jefferson County | Difference |
|---|---|---|---|
| Studio | $613 | $555 | $58 |
| 1 Bedroom | $724 | $707 | $17 |
| 2 Bedrooms | $913 | $835 | $78 |
| 3 Bedrooms | $1,136 | $1,082 | $54 |
| 4 Bedrooms | $1,214 | $1,307 | $93 |
| Median Income | $47,175 | $52,763 | $5,588 |
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
Louisville-Jefferson County
- Studio
- $555/mo
- 1 BR
- $707/mo
- 2 BR
- $835/mo
- 3 BR
- $1,082/mo
- 4 BR
- $1,307/mo
- Median Income
- $52,763/yr
Frequently Asked Questions
Is Billings or Louisville-Jefferson County cheaper to rent in?
Louisville-Jefferson County is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $913/mo in Billings. That's $78/mo or $936/year more expensive in Billings (9% higher).
What is the 2-bedroom rent in Billings vs Louisville-Jefferson County?
The HUD Fair Market Rent for a 2-bedroom in Billings is $913/month. In Louisville-Jefferson County, a 2-bedroom FMR is $835/month.
How do incomes compare between Billings and Louisville-Jefferson County?
The median household income in Billings is $47,175/year. In Louisville-Jefferson County it is $52,763/year. Louisville-Jefferson County has the higher median income.
What is the studio rent in Billings vs Louisville-Jefferson County?
A studio apartment Fair Market Rent in Billings is $613/mo. In Louisville-Jefferson County it is $555/mo.