ZIP Code · MT

ZIP 59106

Part of Billings, MT
Pop. 21,417·Yellowstone County·7th most expensive ZIP in Montana
Median rent (all units)
$1,842/mo
Year-over-Year
+36.2%
Month-over-Month
+4.1%
vs US Median
-$123
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 59106 · $1,842
More expensive than 51% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,240
1 BR
$1,350
2 BR
$1,730
3 BR
$2,380
4 BR+
$2,710
Research median
$1,730/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: July 20, 2026

Annual cost
$22,104/yr
At $1,842/mo median
Location
StateMT
CountyYellowstone County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 36.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+36.2% YoY, +4.1% MoM), not inventory.
Demographics

Who lives here

ZIP 59106 (Billings, MT) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 52.2% of residents hold a bachelor's degree or higher.

Population
21,417
Median income
$125,833
Median age
39
Renters
20.7%
Age distribution
27%
16.6%
27.3%
18%
Under 1827%
18–3416.6%
35–5427.3%
55–6411.1%
65+18%
Gender
48.4%
51.6%
Male48.4%
Female51.6%
Race & ethnicity
87.2%
White87.2%
Black0.6%
Hispanic3.9%
Other8.2%
Education (25+)
18.1%
27.9%
52.2%
No HS diploma1.8%
HS diploma18.1%
Some college27.9%
Bachelor's+52.2%
Housing tenure
79.3%
20.7%
Owner79.3%
Renter20.7%

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

2021 vs 2026

How ZIP 59106 in Billings, MT has changed in 5 years

Income
$104,117 → $125,833
up 20.9%
Population
19,812 → 21,417
up 8.1%
Renter share
23.7% → 20.7%
-3.0 pts
Bachelor's+
50.1% → 52.2%
+2.1 pts
Median age
40.8 → 39
-1.8 yrs

Median household income rose from $104,117 to $125,833 between 2021 and 2024, a 20.9% shift. The population has grown by 8.1% since 2021, moving from about 19,812 residents to roughly 21,417. Renters now make up 20.7% of households, compared with 23.7% five years ago. College-educated residents now make up 52.2% of adults here, versus 50.1% in 2021.

Community

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Local insights

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About renting in ZIP 59106

Last updated: July 20, 2026

ZIP code 59106 covers Billings, MT. The median rent here is $1,842/mo as of July 2026. A 1-bedroom rents for a median of $1,350/mo. A 2-bedroom rents for a median of $1,730/mo.

At 18% of local median household income ($125,833/yr), ZIP 59106 ranks as affordable compared to the national benchmark of 30%. Rents have increased 36.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 59106?

As of July 20, 2026, the median monthly rent in ZIP 59106 (Billings, MT) is $1,842. This is based on aggregated data from public sources and community submissions.

How does ZIP 59106 rent compare to the US average?

ZIP 59106's median rent of $1,842/mo is $123 (6%) below the US national median of $1,965/mo.

How does ZIP 59106 compare to other ZIPs in Montana?

ZIP 59106 is one of the pricier ZIP codes in Montana, ranking #7 out of 20 ZIPs tracked at $1,842/mo.

How much income do you need to rent in ZIP 59106?

To keep rent at or below 30% of gross income, you would need to earn at least $74,000/year (~$36/hour full-time) to afford the median rent of $1,842/mo in ZIP 59106. The local median household income is $125,833/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 59106?

Rent in ZIP 59106 has increased 36.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 59106 an affordable place to rent?

ZIP 59106 is considered very affordable for renters. At $1,842/mo, rent takes approximately 18% of the local median household income ($125,833/yr). The standard benchmark is 30%. ZIP 59106 falls comfortably within that range.

What percentage of ZIP 59106 residents rent vs. own?

According to Census data, approximately 20.7% of ZIP 59106 households are renters, while 79.3% are owner-occupied. ZIP 59106 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 59106 compare to the rest of Billings?

ZIP 59106 is pricier than Billings as a whole. At $1,842/mo, it's $384 above the Billings citywide median of $1,458/mo.

When was rent data for ZIP 59106 last updated?

Rent data for ZIP 59106 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
18%
VERY AFFORDABLE

At $1,842/mo, rent takes ~18% of ZIP 59106's median household income ($125,833/yr). The standard benchmark is 30%.

ZIP 59106 18%Benchmark 30%
State income tax4.7%
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Schools nearby

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