Billings vs Medford
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Billings is 17% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,065/mo in Medford — saving $1,824/year.
Rent by Unit Size
| Unit Size | Billings | Medford | Difference |
|---|---|---|---|
| Studio | $613 | $704 | $91 |
| 1 Bedroom | $724 | $865 | $141 |
| 2 Bedrooms | $913 | $1,065 | $152 |
| 3 Bedrooms | $1,136 | $1,318 | $182 |
| 4 Bedrooms | $1,214 | $1,480 | $266 |
| Median Income | $47,175 | $51,417 | $4,242 |
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
Medford
- Studio
- $704/mo
- 1 BR
- $865/mo
- 2 BR
- $1,065/mo
- 3 BR
- $1,318/mo
- 4 BR
- $1,480/mo
- Median Income
- $51,417/yr
Frequently Asked Questions
Is Billings or Medford cheaper to rent in?
Billings is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,065/mo in Medford. That's $152/mo or $1,824/year more expensive in Medford (17% higher).
What is the 2-bedroom rent in Billings vs Medford?
The HUD Fair Market Rent for a 2-bedroom in Billings is $913/month. In Medford, a 2-bedroom FMR is $1,065/month.
How do incomes compare between Billings and Medford?
The median household income in Billings is $47,175/year. In Medford it is $51,417/year. Medford has the higher median income.
What is the studio rent in Billings vs Medford?
A studio apartment Fair Market Rent in Billings is $613/mo. In Medford it is $704/mo.