Rent comparison · HUD FY2026
Billings, MT HUD Metro FMR Area vs Bozeman, MT MSA
How do Billings, MT HUD Metro FMR Area and Bozeman, MT MSA rents compare? A side-by-side FY 2026 HUD Fair Market Rent breakdown, studio through 4-bedroom.
- $1,109
- Billings, MT HUD Metro FMR Area (1BR)
- $1,642
- Bozeman, MT MSA (1BR)
- −32%
- 1BR difference
Side-by-side FY 2026 HUD Fair Market Rent comparison. Data from U.S. Department of Housing and Urban Development (HUD).
A 1-bedroom in Billings, MT HUD Metro FMR Area is 32% cheaper than Bozeman, MT MSA at the HUD Fair Market Rent level ($1,109 vs $1,642). Both figures are the 40th percentile of gross rents (utilities included, telephone excluded) set by HUD for the federal fiscal year 2026. Section 8 Housing Choice Voucher payment standards in each area are set between 90% and 110% of these FMR numbers. Source: HUD Fair Market Rents.
How Do Rents Compare By Bedroom?
| Bedrooms | Billings, MT HUD Metro FMR Area | Bozeman, MT MSA | Difference |
|---|---|---|---|
| Studio | $1,016 | $1,485 | −$469 (-32%) |
| 1 Bedroom | $1,109 | $1,642 | −$533 (-32%) |
| 2 Bedroom | $1,417 | $2,154 | −$737 (-34%) |
| 3 Bedroom | $1,951 | $2,996 | −$1045 (-35%) |
| 4 Bedroom | $2,216 | $3,537 | −$1321 (-37%) |
vs US National Average
National average 1BR: $959. Billings, MT HUD Metro FMR Area is 16% above the US average. Bozeman, MT MSA is 71% above.
Sources: HUD Fair Market Rents FY 2026. Population and median income from U.S. Census Bureau American Community Survey (ACS).