2-Bedroom Rent · July 2026

2-Bedroom Apartment Rent in Billings, MT

$1,453/mo

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

2-Bedroom median
$1,453
July 2026
vs city overall
0%
$1,458 city median
vs national
-12%
$1,655 US median
Montana rank
#4
of 11 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
1Great Falls$1,217
2Laurel$1,350
3Butte$1,370
4Billings (this page)$1,453
5Helena$1,580
6Kalispell$1,580
7Livingston$1,590
8Missoula$1,630
9Whitefish$1,900
10Bozeman$1,970
11Belgrade$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

Nearby cities — 2-bedroom rent

Considering nearby alternatives? 2 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%)
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 July 2026, the median 2-bedroom apartment rent in Billings, Montana is $1,453 per month. This is in line with the citywide median of $1,458.

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 11 cities in Montana with 2-bedroom data, Billings ranks #4 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).

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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 (July 2026) and exclude cities with median rent below $400 or above $20,000.