Billings, MT Rent History

141 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-09)
$1,393
1-year change
+3.6%
$48/mo
5-year change
+29.7%
$319/mo
10-year change
+64.5%
$546/mo

Monthly rent trend

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Year-by-year rent in Billings

YearMedian rentYoY changevs 2015
2015$830/mo—0.0%
2016$832/mo+0.2%+0.2%
2017$847/mo+1.8%+2.0%
2018$850/mo+0.4%+2.4%
2019$885/mo+4.1%+6.6%
2020$909/mo+2.7%+9.5%
2021$1,014/mo+11.6%+22.2%
2022$1,155/mo+13.9%+39.2%
2023$1,252/mo+8.4%+50.8%
2024$1,282/mo+2.4%+54.5%
2025$1,324/mo+3.3%+59.5%
2026$1,369/mo+3.4%+64.9%

Frequently asked questions

How much has rent in Billings changed since 2015?

Median rent in Billings, MT was $791 in 2015-01 and is $1,393 as of 2026-09 — a change of $602 per month over 11 years.

How much has Billings rent increased in the last 5 years?

Over the past 5 years, median rent in Billings, MT has changed +29.7% ($319 per month). The current median is $1,393.

What has rent in Billings done over the past decade?

Over the past 10 years, median rent in Billings, MT has changed +64.5% ($546 per month). It is now $1,393.

Is rent in Billings going up or down year over year?

Year over year, median rent in Billings, MT has increased +3.6% ($48/mo). Current median: $1,393.

See full rent data for Billings, MT →
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.