Billings vs Terre Haute
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Terre Haute is 35% cheaper for renters. A 2-bedroom rents for $676/mo vs $913/mo in Billings — saving $2,844/year.
Rent by Unit Size
| Unit Size | Billings | Terre Haute | Difference |
|---|---|---|---|
| Studio | $613 | $419 | $194 |
| 1 Bedroom | $724 | $537 | $187 |
| 2 Bedrooms | $913 | $676 | $237 |
| 3 Bedrooms | $1,136 | $806 | $330 |
| 4 Bedrooms | $1,214 | $964 | $250 |
| Median Income | $47,175 | $40,500 | $6,675 |
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
Terre Haute
- Studio
- $419/mo
- 1 BR
- $537/mo
- 2 BR
- $676/mo
- 3 BR
- $806/mo
- 4 BR
- $964/mo
- Median Income
- $40,500/yr
Frequently Asked Questions
Is Billings or Terre Haute cheaper to rent in?
Terre Haute is cheaper — a 2-bedroom Fair Market Rent is $676/mo vs $913/mo in Billings. That's $237/mo or $2,844/year more expensive in Billings (35% higher).
What is the 2-bedroom rent in Billings vs Terre Haute?
The HUD Fair Market Rent for a 2-bedroom in Billings is $913/month. In Terre Haute, a 2-bedroom FMR is $676/month.
How do incomes compare between Billings and Terre Haute?
The median household income in Billings is $47,175/year. In Terre Haute it is $40,500/year. Billings has the higher median income.
What is the studio rent in Billings vs Terre Haute?
A studio apartment Fair Market Rent in Billings is $613/mo. In Terre Haute it is $419/mo.