Studio Apartment Rent in Billings, MT
Median asking rent for a studio apartment in Billings, Montana as of August 2026. That's +26% lower than the citywide median of $1,437 and +17% below the national studio median of $1,290.
Income needed for a studio 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 studio at the current median rent.
Rent by apartment size in Billings
Compare Billings's median rent across every apartment size.
Cheapest cities for a studio in Montana
| # | City | Studio rent |
|---|---|---|
| 1 | Miles City | $554 |
| 2 | Great Falls | $883 |
| 3 | Butte | $940 |
| 4 | Laurel | $1,000 |
| 5 | Billings (this page) | $1,070 |
| 6 | Helena | $1,080 |
| 7 | Livingston | $1,090 |
| 8 | Missoula | $1,143 |
| 9 | Kalispell | $1,160 |
| 10 | Belgrade | $1,370 |
| 11 | Bozeman | $1,370 |
| 12 | Whitefish | $1,390 |
Most expensive cities for a studio in Montana
| # | City | Studio rent |
|---|---|---|
| 1 | Whitefish | $1,390 |
| 2 | Bozeman | $1,370 |
| 3 | Belgrade | $1,370 |
| 4 | Kalispell | $1,160 |
| 5 | Missoula | $1,143 |
| 6 | Livingston | $1,090 |
| 7 | Helena | $1,080 |
| 8 | Billings (this page) | $1,070 |
| 9 | Laurel | $1,000 |
| 10 | Butte | $940 |
| 11 | Great Falls | $883 |
| 12 | Miles City | $554 |
Nearby cities — studio rent
Considering nearby alternatives? 3 of these cities have cheaper studio rents than Billings.
| City | Distance | Studio rent | vs Billings |
|---|---|---|---|
| Laurel, MT | 16.2 mi | $1,000 | $-70 (-7%) |
| Cody, WY | 114.3 mi | $710 | $-360 (-34%) |
| Sheridan, WY | 134.2 mi | $830 | $-240 (-22%) |
| Livingston, MT | 140.8 mi | $1,090 | +$20 (+2%) |
| Bozeman, MT | 170.1 mi | $1,370 | +$300 (+28%) |
Studio rent in Billings — common questions
How much is a studio apartment in Billings?
As of August 2026, the median studio apartment rent in Billings, Montana is $1,070 per month. This is +26% below the citywide median of $1,437.
What income do you need to afford a studio in Billings?
Using the standard 30% rent-to-income rule, you would need an annual income of about $42,800 ($3,567/month gross), which works out to roughly $20.58/hour at a full-time job.
Is Billings expensive for a studio compared to the rest of the US?
Billings's studio median of $1,070 is +17% below the national studio median of $1,290. It ranks in the 33th percentile of US cities tracked.
How does Billings rank for studio rent in Montana?
Among the 12 cities in Montana with studio data, Billings ranks #5 from cheapest to most expensive.
Are there cheaper studio options near Billings?
Yes — nearby cities with cheaper studio rents include Laurel ($1,000), Cody ($710), Sheridan ($830).