Billings vs Provo-Orem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Billings is 23% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,125/mo in Provo-Orem — saving $2,544/year.
Rent by Unit Size
| Unit Size | Billings | Provo-Orem | Difference |
|---|---|---|---|
| Studio | $613 | $707 | $94 |
| 1 Bedroom | $724 | $881 | $157 |
| 2 Bedrooms | $913 | $1,125 | $212 |
| 3 Bedrooms | $1,136 | $1,330 | $194 |
| 4 Bedrooms | $1,214 | $1,544 | $330 |
| Median Income | $47,175 | $72,225 | $25,050 |
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
Provo-Orem
- Studio
- $707/mo
- 1 BR
- $881/mo
- 2 BR
- $1,125/mo
- 3 BR
- $1,330/mo
- 4 BR
- $1,544/mo
- Median Income
- $72,225/yr
Frequently Asked Questions
Is Billings or Provo-Orem cheaper to rent in?
Billings is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,125/mo in Provo-Orem. That's $212/mo or $2,544/year more expensive in Provo-Orem (23% higher).
What is the 2-bedroom rent in Billings vs Provo-Orem?
The HUD Fair Market Rent for a 2-bedroom in Billings is $913/month. In Provo-Orem, a 2-bedroom FMR is $1,125/month.
How do incomes compare between Billings and Provo-Orem?
The median household income in Billings is $47,175/year. In Provo-Orem it is $72,225/year. Provo-Orem has the higher median income.
What is the studio rent in Billings vs Provo-Orem?
A studio apartment Fair Market Rent in Billings is $613/mo. In Provo-Orem it is $707/mo.