All Countries
Billings, MT
Full City Profile · Montana · Yellowstone County County
3.7
/5.0
B+
Good
118,321
Population
2,569/sq mi density
$71,855
Median Income
$42,639 per capita
$311,800
Home Value
$390,654 Zillow
$1,097
Median Rent
29.3% income on rent
49°F
Avg Temperature
311 sunny days/yr
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$71,855 median income, 2.3% unemployment
A
Affordability
4.2 / 5.0
$311,800 home value, $1,097/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B+
Education
4.0 / 5.0
37.0% bachelor's degree or higher
Housing Overview
Median Home Value
$311,800
11% above
US avg: $281,900
Median Rent
$1,097/mo
6% below
US avg: $1,163/mo
Homeownership Rate
64.8%
1% below US avg (65.4%)
Total Housing Units
52,709
Median year built: 1979
Home Value by Source
Census Median
$311,800
Zillow (ZHVI)
$390,654
Median Sale Price
$375,000
Median List Price
$389,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
64.8%
Owner-Occupied
35.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$988/mo
1 Bedroom
$1,076/mo
2 Bedroom
$1,336/mo
3 Bedroom
$1,789/mo
4 Bedroom
$2,113/mo
Census median rent:
$1,097/mo
· Zillow rent:
$1,383/mo
Market Indicators (Redfin)
Median Days on Market
98 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
101
Price Drops
14.2%
of listings with price reduction
Price Per Sq Ft
$174
Active Inventory
486
homes for sale
Affordability & Housing Stock
Rent Burden
29.3%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
64.8%
Complete Housing Data
Home Values
| Census Median Value | $311,800 |
| Zillow Home Value (ZHVI) | $390,654 |
| Median Sale Price | $375,000 |
| Median List Price | $389,900 |
| Price Per Sq Ft | $174 |
Rent
| Census Median Rent | $1,097 |
| Zillow Rent (ZORI) | $1,383 |
| FMR Studio | $988 |
| FMR 1-Bedroom | $1,076 |
| FMR 2-Bedroom | $1,336 |
| FMR 3-Bedroom | $1,789 |
| FMR 4-Bedroom | $2,113 |
Market
| Days on Market | 98 |
| Sale-to-List Ratio | 0.0% |
| Price Drops | 14.2% |
| Homes Sold | 101 |
| Active Inventory | 486 |
| Price Per Sq Ft | $174 |
Ownership & Stock
| Owner-Occupied | 64.8% |
| Renter-Occupied | 35.2% |
| Homeownership Rate | 64.8% |
| Total Housing Units | 52,709 |
| Median Year Built | 1979 |
| Rent Burden | 29.3% |