Billings vs Syracuse
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Syracuse is 11% cheaper for renters. A 2-bedroom rents for $820/mo vs $913/mo in Billings — saving $1,116/year.
Rent by Unit Size
| Unit Size | Billings | Syracuse | Difference |
|---|---|---|---|
| Studio | $613 | $546 | $67 |
| 1 Bedroom | $724 | $686 | $38 |
| 2 Bedrooms | $913 | $820 | $93 |
| 3 Bedrooms | $1,136 | $1,051 | $85 |
| 4 Bedrooms | $1,214 | $1,207 | $7 |
| Median Income | $47,175 | $42,142 | $5,033 |
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
Syracuse
- Studio
- $546/mo
- 1 BR
- $686/mo
- 2 BR
- $820/mo
- 3 BR
- $1,051/mo
- 4 BR
- $1,207/mo
- Median Income
- $42,142/yr
Frequently Asked Questions
Is Billings or Syracuse cheaper to rent in?
Syracuse is cheaper — a 2-bedroom Fair Market Rent is $820/mo vs $913/mo in Billings. That's $93/mo or $1,116/year more expensive in Billings (11% higher).
What is the 2-bedroom rent in Billings vs Syracuse?
The HUD Fair Market Rent for a 2-bedroom in Billings is $913/month. In Syracuse, a 2-bedroom FMR is $820/month.
How do incomes compare between Billings and Syracuse?
The median household income in Billings is $47,175/year. In Syracuse it is $42,142/year. Billings has the higher median income.
What is the studio rent in Billings vs Syracuse?
A studio apartment Fair Market Rent in Billings is $613/mo. In Syracuse it is $546/mo.