Billings vs Ocala
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Ocala is 7% cheaper for renters. A 2-bedroom rents for $850/mo vs $913/mo in Billings — saving $756/year.
Rent by Unit Size
| Unit Size | Billings | Ocala | Difference |
|---|---|---|---|
| Studio | $613 | $584 | $29 |
| 1 Bedroom | $724 | $712 | $12 |
| 2 Bedrooms | $913 | $850 | $63 |
| 3 Bedrooms | $1,136 | $1,069 | $67 |
| 4 Bedrooms | $1,214 | $1,312 | $98 |
| Median Income | $47,175 | $54,036 | $6,861 |
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
Ocala
- Studio
- $584/mo
- 1 BR
- $712/mo
- 2 BR
- $850/mo
- 3 BR
- $1,069/mo
- 4 BR
- $1,312/mo
- Median Income
- $54,036/yr
Frequently Asked Questions
Is Billings or Ocala cheaper to rent in?
Ocala is cheaper — a 2-bedroom Fair Market Rent is $850/mo vs $913/mo in Billings. That's $63/mo or $756/year more expensive in Billings (7% higher).
What is the 2-bedroom rent in Billings vs Ocala?
The HUD Fair Market Rent for a 2-bedroom in Billings is $913/month. In Ocala, a 2-bedroom FMR is $850/month.
How do incomes compare between Billings and Ocala?
The median household income in Billings is $47,175/year. In Ocala it is $54,036/year. Ocala has the higher median income.
What is the studio rent in Billings vs Ocala?
A studio apartment Fair Market Rent in Billings is $613/mo. In Ocala it is $584/mo.