Billings vs Wilmington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Billings is 12% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,024/mo in Wilmington — saving $1,332/year.
Rent by Unit Size
| Unit Size | Billings | Wilmington | Difference |
|---|---|---|---|
| Studio | $613 | $656 | $43 |
| 1 Bedroom | $724 | $838 | $114 |
| 2 Bedrooms | $913 | $1,024 | $111 |
| 3 Bedrooms | $1,136 | $1,314 | $178 |
| 4 Bedrooms | $1,214 | $1,459 | $245 |
| Median Income | $47,175 | $52,995 | $5,820 |
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
Wilmington
- Studio
- $656/mo
- 1 BR
- $838/mo
- 2 BR
- $1,024/mo
- 3 BR
- $1,314/mo
- 4 BR
- $1,459/mo
- Median Income
- $52,995/yr
Frequently Asked Questions
Is Billings or Wilmington cheaper to rent in?
Billings is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,024/mo in Wilmington. That's $111/mo or $1,332/year more expensive in Wilmington (12% higher).
What is the 2-bedroom rent in Billings vs Wilmington?
The HUD Fair Market Rent for a 2-bedroom in Billings is $913/month. In Wilmington, a 2-bedroom FMR is $1,024/month.
How do incomes compare between Billings and Wilmington?
The median household income in Billings is $47,175/year. In Wilmington it is $52,995/year. Wilmington has the higher median income.
What is the studio rent in Billings vs Wilmington?
A studio apartment Fair Market Rent in Billings is $613/mo. In Wilmington it is $656/mo.