Billings vs Santa Cruz-Watsonville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Billings is 93% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,760/mo in Santa Cruz-Watsonville — saving $10,164/year.
Rent by Unit Size
| Unit Size | Billings | Santa Cruz-Watsonville | Difference |
|---|---|---|---|
| Studio | $613 | $1,172 | $559 |
| 1 Bedroom | $724 | $1,475 | $751 |
| 2 Bedrooms | $913 | $1,760 | $847 |
| 3 Bedrooms | $1,136 | $2,195 | $1,059 |
| 4 Bedrooms | $1,214 | $2,530 | $1,316 |
| Median Income | $47,175 | $89,493 | $42,318 |
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
Santa Cruz-Watsonville
- Studio
- $1,172/mo
- 1 BR
- $1,475/mo
- 2 BR
- $1,760/mo
- 3 BR
- $2,195/mo
- 4 BR
- $2,530/mo
- Median Income
- $89,493/yr
Frequently Asked Questions
Is Billings or Santa Cruz-Watsonville cheaper to rent in?
Billings is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,760/mo in Santa Cruz-Watsonville. That's $847/mo or $10,164/year more expensive in Santa Cruz-Watsonville (93% higher).
What is the 2-bedroom rent in Billings vs Santa Cruz-Watsonville?
The HUD Fair Market Rent for a 2-bedroom in Billings is $913/month. In Santa Cruz-Watsonville, a 2-bedroom FMR is $1,760/month.
How do incomes compare between Billings and Santa Cruz-Watsonville?
The median household income in Billings is $47,175/year. In Santa Cruz-Watsonville it is $89,493/year. Santa Cruz-Watsonville has the higher median income.
What is the studio rent in Billings vs Santa Cruz-Watsonville?
A studio apartment Fair Market Rent in Billings is $613/mo. In Santa Cruz-Watsonville it is $1,172/mo.