Billings vs Lubbock
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lubbock is 26% cheaper for renters. A 2-bedroom rents for $727/mo vs $913/mo in Billings — saving $2,232/year.
Rent by Unit Size
| Unit Size | Billings | Lubbock | Difference |
|---|---|---|---|
| Studio | $613 | $467 | $146 |
| 1 Bedroom | $724 | $585 | $139 |
| 2 Bedrooms | $913 | $727 | $186 |
| 3 Bedrooms | $1,136 | $896 | $240 |
| 4 Bedrooms | $1,214 | $1,003 | $211 |
| Median Income | $47,175 | $49,610 | $2,435 |
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
Lubbock
- Studio
- $467/mo
- 1 BR
- $585/mo
- 2 BR
- $727/mo
- 3 BR
- $896/mo
- 4 BR
- $1,003/mo
- Median Income
- $49,610/yr
Frequently Asked Questions
Is Billings or Lubbock cheaper to rent in?
Lubbock is cheaper — a 2-bedroom Fair Market Rent is $727/mo vs $913/mo in Billings. That's $186/mo or $2,232/year more expensive in Billings (26% higher).
What is the 2-bedroom rent in Billings vs Lubbock?
The HUD Fair Market Rent for a 2-bedroom in Billings is $913/month. In Lubbock, a 2-bedroom FMR is $727/month.
How do incomes compare between Billings and Lubbock?
The median household income in Billings is $47,175/year. In Lubbock it is $49,610/year. Lubbock has the higher median income.
What is the studio rent in Billings vs Lubbock?
A studio apartment Fair Market Rent in Billings is $613/mo. In Lubbock it is $467/mo.