FairRentWize

Billings vs Portland-South Portland

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Billings is 25% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,145/mo in Portland-South Portland — saving $2,784/year.

Rent by Unit Size

Unit SizeBillingsPortland-South PortlandDifference
Studio$613$765$152
1 Bedroom$724$906$182
2 Bedrooms$913$1,145$232
3 Bedrooms$1,136$1,402$266
4 Bedrooms$1,214$1,638$424
Median Income$47,175$58,824$11,649

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
Full Billings profile →

Portland-South Portland

Studio
$765/mo
1 BR
$906/mo
2 BR
$1,145/mo
3 BR
$1,402/mo
4 BR
$1,638/mo
Median Income
$58,824/yr
Full Portland-South Portland profile →

Frequently Asked Questions

Is Billings or Portland-South Portland cheaper to rent in?
Billings is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,145/mo in Portland-South Portland. That's $232/mo or $2,784/year more expensive in Portland-South Portland (25% higher).
What is the 2-bedroom rent in Billings vs Portland-South Portland?
The HUD Fair Market Rent for a 2-bedroom in Billings is $913/month. In Portland-South Portland, a 2-bedroom FMR is $1,145/month.
How do incomes compare between Billings and Portland-South Portland?
The median household income in Billings is $47,175/year. In Portland-South Portland it is $58,824/year. Portland-South Portland has the higher median income.
What is the studio rent in Billings vs Portland-South Portland?
A studio apartment Fair Market Rent in Billings is $613/mo. In Portland-South Portland it is $765/mo.