Billings vs New Haven-Milford
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Billings is 30% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,189/mo in New Haven-Milford — saving $3,312/year.
Rent by Unit Size
| Unit Size | Billings | New Haven-Milford | Difference |
|---|---|---|---|
| Studio | $613 | $808 | $195 |
| 1 Bedroom | $724 | $974 | $250 |
| 2 Bedrooms | $913 | $1,189 | $276 |
| 3 Bedrooms | $1,136 | $1,507 | $371 |
| 4 Bedrooms | $1,214 | $1,637 | $423 |
| Median Income | $47,175 | $68,368 | $21,193 |
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
New Haven-Milford
- Studio
- $808/mo
- 1 BR
- $974/mo
- 2 BR
- $1,189/mo
- 3 BR
- $1,507/mo
- 4 BR
- $1,637/mo
- Median Income
- $68,368/yr
Frequently Asked Questions
Is Billings or New Haven-Milford cheaper to rent in?
Billings is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,189/mo in New Haven-Milford. That's $276/mo or $3,312/year more expensive in New Haven-Milford (30% higher).
What is the 2-bedroom rent in Billings vs New Haven-Milford?
The HUD Fair Market Rent for a 2-bedroom in Billings is $913/month. In New Haven-Milford, a 2-bedroom FMR is $1,189/month.
How do incomes compare between Billings and New Haven-Milford?
The median household income in Billings is $47,175/year. In New Haven-Milford it is $68,368/year. New Haven-Milford has the higher median income.
What is the studio rent in Billings vs New Haven-Milford?
A studio apartment Fair Market Rent in Billings is $613/mo. In New Haven-Milford it is $808/mo.