Billings vs Lynchburg
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lynchburg is 27% cheaper for renters. A 2-bedroom rents for $721/mo vs $913/mo in Billings — saving $2,304/year.
Rent by Unit Size
| Unit Size | Billings | Lynchburg | Difference |
|---|---|---|---|
| Studio | $613 | $494 | $119 |
| 1 Bedroom | $724 | $589 | $135 |
| 2 Bedrooms | $913 | $721 | $192 |
| 3 Bedrooms | $1,136 | $933 | $203 |
| 4 Bedrooms | $1,214 | $1,024 | $190 |
| Median Income | $47,175 | $37,857 | $9,318 |
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
Lynchburg
- Studio
- $494/mo
- 1 BR
- $589/mo
- 2 BR
- $721/mo
- 3 BR
- $933/mo
- 4 BR
- $1,024/mo
- Median Income
- $37,857/yr
Frequently Asked Questions
Is Billings or Lynchburg cheaper to rent in?
Lynchburg is cheaper — a 2-bedroom Fair Market Rent is $721/mo vs $913/mo in Billings. That's $192/mo or $2,304/year more expensive in Billings (27% higher).
What is the 2-bedroom rent in Billings vs Lynchburg?
The HUD Fair Market Rent for a 2-bedroom in Billings is $913/month. In Lynchburg, a 2-bedroom FMR is $721/month.
How do incomes compare between Billings and Lynchburg?
The median household income in Billings is $47,175/year. In Lynchburg it is $37,857/year. Billings has the higher median income.
What is the studio rent in Billings vs Lynchburg?
A studio apartment Fair Market Rent in Billings is $613/mo. In Lynchburg it is $494/mo.