2-Bedroom Rent · August 2026

2-Bedroom Apartment Rent in Billings, MT

$1,453/mo

Median asking rent for a 2-bedroom apartment in Billings, Montana as of August 2026. That's +1% higher than the citywide median of $1,437 and +12% below the national 2-bedroom median of $1,655.

2-Bedroom median
$1,453
August 2026
vs city overall
+1%
$1,437 city median
vs national
-12%
$1,655 US median
Montana rank
#5
of 12 cities

Income needed for a 2-bedroom in Billings

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.

Annual income
$58,120
Monthly gross
$4,843
Hourly (full-time)
$27.94

Rent by apartment size in Billings

Compare Billings's median rent across every apartment size.

Studio
$1,070
1-Bedroom
$1,125
2-Bedroom (current)
$1,453
3-Bedroom
$1,998
4+ Bedroom
$2,248

Cheapest cities for a 2-bedroom in Montana

#City2-Bedroom rent
1Miles City$808
2Great Falls$1,217
3Laurel$1,350
4Butte$1,370
5Billings (this page)$1,453
6Helena$1,580
7Kalispell$1,580
8Livingston$1,590
9Missoula$1,630
10Whitefish$1,900
11Bozeman$1,970
12Belgrade$1,980

Most expensive cities for a 2-bedroom in Montana

#City2-Bedroom rent
1Belgrade$1,980
2Bozeman$1,970
3Whitefish$1,900
4Missoula$1,630
5Livingston$1,590
6Kalispell$1,580
7Helena$1,580
8Billings (this page)$1,453
9Butte$1,370
10Laurel$1,350
11Great Falls$1,217
12Miles City$808

Nearby cities — 2-bedroom rent

Considering nearby alternatives? 3 of these cities have cheaper 2-bedroom rents than Billings.

CityDistance2-Bedroom rentvs Billings
Laurel, MT16.2 mi$1,350$-103 (-7%)
Cody, WY114.3 mi$1,030$-423 (-29%)
Sheridan, WY134.2 mi$1,090$-363 (-25%)
Livingston, MT140.8 mi$1,590+$137 (+9%)
Bozeman, MT170.1 mi$1,970+$517 (+36%)

2-Bedroom rent in Billings — common questions

How much is a 2-bedroom apartment in Billings?

As of August 2026, the median 2-bedroom apartment rent in Billings, Montana is $1,453 per month. This is +1% higher than the citywide median of $1,437.

What income do you need to afford a 2-bedroom in Billings?

Using the standard 30% rent-to-income rule, you would need an annual income of about $58,120 ($4,843/month gross), which works out to roughly $27.94/hour at a full-time job.

Is Billings expensive for a 2-bedroom compared to the rest of the US?

Billings's 2-bedroom median of $1,453 is +12% below the national 2-bedroom median of $1,655. It ranks in the 37th percentile of US cities tracked.

How does Billings rank for 2-bedroom rent in Montana?

Among the 12 cities in Montana with 2-bedroom data, Billings ranks #5 from cheapest to most expensive.

Are there cheaper 2-bedroom options near Billings?

Yes — nearby cities with cheaper 2-bedroom rents include Laurel ($1,350), Cody ($1,030), Sheridan ($1,090).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Billings, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (August 2026) and exclude cities with median rent below $400 or above $20,000.