Billings vs South Bend-Mishawaka
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
South Bend-Mishawaka is 26% cheaper for renters. A 2-bedroom rents for $724/mo vs $913/mo in Billings — saving $2,268/year.
Rent by Unit Size
| Unit Size | Billings | South Bend-Mishawaka | Difference |
|---|---|---|---|
| Studio | $613 | $500 | $113 |
| 1 Bedroom | $724 | $609 | $115 |
| 2 Bedrooms | $913 | $724 | $189 |
| 3 Bedrooms | $1,136 | $947 | $189 |
| 4 Bedrooms | $1,214 | $1,108 | $106 |
| Median Income | $47,175 | $45,155 | $2,020 |
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
South Bend-Mishawaka
- Studio
- $500/mo
- 1 BR
- $609/mo
- 2 BR
- $724/mo
- 3 BR
- $947/mo
- 4 BR
- $1,108/mo
- Median Income
- $45,155/yr
Frequently Asked Questions
Is Billings or South Bend-Mishawaka cheaper to rent in?
South Bend-Mishawaka is cheaper — a 2-bedroom Fair Market Rent is $724/mo vs $913/mo in Billings. That's $189/mo or $2,268/year more expensive in Billings (26% higher).
What is the 2-bedroom rent in Billings vs South Bend-Mishawaka?
The HUD Fair Market Rent for a 2-bedroom in Billings is $913/month. In South Bend-Mishawaka, a 2-bedroom FMR is $724/month.
How do incomes compare between Billings and South Bend-Mishawaka?
The median household income in Billings is $47,175/year. In South Bend-Mishawaka it is $45,155/year. Billings has the higher median income.
What is the studio rent in Billings vs South Bend-Mishawaka?
A studio apartment Fair Market Rent in Billings is $613/mo. In South Bend-Mishawaka it is $500/mo.