Billings vs Palm Bay-Melbourne-Titusville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Billings is 16% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,057/mo in Palm Bay-Melbourne-Titusville — saving $1,728/year.
Rent by Unit Size
| Unit Size | Billings | Palm Bay-Melbourne-Titusville | Difference |
|---|---|---|---|
| Studio | $613 | $712 | $99 |
| 1 Bedroom | $724 | $871 | $147 |
| 2 Bedrooms | $913 | $1,057 | $144 |
| 3 Bedrooms | $1,136 | $1,335 | $199 |
| 4 Bedrooms | $1,214 | $1,531 | $317 |
| Median Income | $47,175 | $62,156 | $14,981 |
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
Palm Bay-Melbourne-Titusville
- Studio
- $712/mo
- 1 BR
- $871/mo
- 2 BR
- $1,057/mo
- 3 BR
- $1,335/mo
- 4 BR
- $1,531/mo
- Median Income
- $62,156/yr
Frequently Asked Questions
Is Billings or Palm Bay-Melbourne-Titusville cheaper to rent in?
Billings is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,057/mo in Palm Bay-Melbourne-Titusville. That's $144/mo or $1,728/year more expensive in Palm Bay-Melbourne-Titusville (16% higher).
What is the 2-bedroom rent in Billings vs Palm Bay-Melbourne-Titusville?
The HUD Fair Market Rent for a 2-bedroom in Billings is $913/month. In Palm Bay-Melbourne-Titusville, a 2-bedroom FMR is $1,057/month.
How do incomes compare between Billings and Palm Bay-Melbourne-Titusville?
The median household income in Billings is $47,175/year. In Palm Bay-Melbourne-Titusville it is $62,156/year. Palm Bay-Melbourne-Titusville has the higher median income.
What is the studio rent in Billings vs Palm Bay-Melbourne-Titusville?
A studio apartment Fair Market Rent in Billings is $613/mo. In Palm Bay-Melbourne-Titusville it is $712/mo.