Studio Rent · July 2026

Studio Apartment Rent in Billings, MT

$1,070/mo

Median asking rent for a studio apartment in Billings, Montana as of July 2026. That's +27% lower than the citywide median of $1,458 and +17% below the national studio median of $1,290.

Studio median
$1,070
July 2026
vs city overall
-27%
$1,458 city median
vs national
-17%
$1,290 US median
Montana rank
#4
of 11 cities

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.

Annual income
$42,800
Monthly gross
$3,567
Hourly (full-time)
$20.58

Rent by apartment size in Billings

Compare Billings's median rent across every apartment size.

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

Cheapest cities for a studio in Montana

#CityStudio rent
1Great Falls$883
2Butte$940
3Laurel$1,000
4Billings (this page)$1,070
5Helena$1,080
6Livingston$1,090
7Missoula$1,143
8Kalispell$1,160
9Belgrade$1,370
10Bozeman$1,370
11Whitefish$1,390

Most expensive cities for a studio in Montana

#CityStudio rent
1Whitefish$1,390
2Bozeman$1,370
3Belgrade$1,370
4Kalispell$1,160
5Missoula$1,143
6Livingston$1,090
7Helena$1,080
8Billings (this page)$1,070
9Laurel$1,000
10Butte$940
11Great Falls$883

Nearby cities — studio rent

Considering nearby alternatives? 2 of these cities have cheaper studio rents than Billings.

CityDistanceStudio rentvs Billings
Laurel, MT16.2 mi$1,000$-70 (-7%)
Cody, WY114.3 mi$710$-360 (-34%)
Livingston, MT140.8 mi$1,090+$20 (+2%)
Bozeman, MT170.1 mi$1,370+$300 (+28%)

Studio rent in Billings — common questions

How much is a studio apartment in Billings?

As of July 2026, the median studio apartment rent in Billings, Montana is $1,070 per month. This is +27% below the citywide median of $1,458.

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 11 cities in Montana with studio data, Billings ranks #4 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).

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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.