Billings, MT Rent History

139 months of data, 20152026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-07)
$1,437
1-year change
+5.4%
$74/mo
5-year change
+28.0%
$314/mo
10-year change
+62.4%
$552/mo

Monthly rent trend

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Year-by-year rent in Billings

YearMedian rentYoY changevs 2015
2015$875/mo0.0%
2016$875/mo0.0%0.0%
2017$896/mo+2.4%+2.4%
2018$901/mo+0.6%+3.0%
2019$933/mo+3.6%+6.6%
2020$963/mo+3.2%+10.1%
2021$1,074/mo+11.5%+22.7%
2022$1,222/mo+13.8%+39.7%
2023$1,319/mo+7.9%+50.7%
2024$1,353/mo+2.6%+54.6%
2025$1,343/mo-0.7%+53.5%
2026$1,442/mo+7.4%+64.8%

Frequently asked questions

How much has rent in Billings changed since 2015?

Median rent in Billings, MT was $835 in 2015-01 and is $1,437 as of 2026-07 — 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 +28.0% ($314 per month). The current median is $1,437.

What has rent in Billings done over the past decade?

Over the past 10 years, median rent in Billings, MT has changed +62.4% ($552 per month). It is now $1,437.

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

Year over year, median rent in Billings, MT has increased +5.4% ($74/mo). Current median: $1,437.

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.