ZIP Code · MT

ZIP 59105

Part of Billings, MT

Pop. 35,480·Yellowstone County·14th most expensive ZIP in Montana

Median rent (all units)

$1,428/mo

Year-over-Year

+4.7%

Month-over-Month

+0.3%

vs US Median

-$504

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 59105 · $1,428

More affordable than 78% of US ZIP codes · National median $1,932/mo

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Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,150

1 BR

$1,250

2 BR

$1,600

3 BR

$2,200

4 BR+

$2,500

Research median

$1,600/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 59105 is at its highest level since Zillow's records here began in February 2023.

Past year vs. the rest of Montana

Rent in ZIP 59105 changed +4.7% over the year to September 2026. Across the 18 Montana ZIP codes Zillow tracks, the typical change was +4.1%.

Recent direction

Rent has risen 5 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($78,014) is $1,950 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,600); a 3-bedroom is $2,200.

Rank in Billings

3rd cheapest of 4 ZIP codes in Billings.

From Zillow's monthly rent index (ZORI) for ZIP 59105. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$17,136/yr

At $1,428/mo median

Location

CityBillings

StateMT

CountyYellowstone County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (4.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+4.7% YoY, +0.3% MoM), not inventory.

Demographics

Who lives here

ZIP 59105 (Billings, MT) is majority owner-occupied, has a large share of families with children, 30.5% of residents hold a bachelor's degree or higher.

Population

35,480

Median income

$78,014

Median age

36.4

Renters

24.1%

Age distribution

26.7%

21.7%

23.6%

16.1%

Under 1826.7%

18–3421.7%

35–5423.6%

55–6411.8%

65+16.1%

Gender

51.3%

48.7%

Male51.3%

Female48.7%

Race & ethnicity

87.9%

White87.9%

Hispanic6.3%

Other5.4%

Education (25+)

31.2%

33.9%

30.5%

No HS diploma4.5%

HS diploma31.2%

Some college33.9%

Bachelor's+30.5%

Housing tenure

75.9%

24.1%

Owner75.9%

Renter24.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How ZIP 59105 in Billings, MT has changed in 5 years

Rent

$1,255 → $1,428

up 13.8%

Income

$68,236 → $78,014

up 14.3%

Population

33,494 → 35,480

up 5.9%

Renter share

24.4% → 24.1%

-0.3 pts

Bachelor's+

30.1% → 30.5%

+0.4 pts

Across the past five years, the going rent in ZIP 59105 in Billings, MT has shifted from $1,255 to $1,428, up 13.8% since 2023. Household income in the area moved from $68,236 to $78,014 across the same window, up 14.3% versus 2021. Census counts show ZIP 59105 in Billings, MT adding about 1,986 residents over the five-year window, up 5.9% on net. Reading these numbers side by side helps frame whether current listings in ZIP 59105 in Billings, MT look reasonable against where the market sat half a decade ago.

Community

Discussions about ZIP 59105

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Local insights

Tips for renters in ZIP 59105

About renting in ZIP 59105

Last updated: October 17, 2026

ZIP code 59105 covers Billings, MT. The median rent here is $1,428/mo as of October 2026. A 1-bedroom rents for a median of $1,250/mo. A 2-bedroom rents for a median of $1,600/mo.

At 22% of local median household income ($78,014/yr), ZIP 59105 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 59105?

To keep rent at or below 30% of gross income, you would need to earn at least $57,000/year (about $27/hour full-time) to afford the median rent of $1,428/mo in ZIP 59105. The local median household income is $78,014/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 59105?

Rent in ZIP 59105 has risen 4.7% over the past year as of September 2026. That is the highest level since Zillow's records here began in February 2023.

How does ZIP 59105 compare to other ZIPs in Montana?

ZIP 59105 is one of the more affordable among Montana ZIP codes for rent, ranking #14 of 20 at $1,428/mo. Over the year to September 2026, rent in ZIP 59105 changed +4.7%, against a typical +4.1% across the 18 Montana ZIP codes Zillow tracks.