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These days, finding an affordable place to live in the Billings area can be challenging. Home prices in Billings are now at a median cost of $259,021, higher than the Missouri average of $246,641.
The average cost of rent is $942/mo in Billings, primarily driven by the current value of real estate in the Billings area. In Billings, 10.20% of households rent, and 31.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Billings is $6,868 per month. Households that rent pay about 13.71% of their income on rent here. Billings’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Union City, MO: equally priced homes
- Clever, MO: equally priced homes
- Logan, MO: equally priced homes
- Republic, MO: less expensive homes
- Browns Spring, MO: equally priced homes
- Marionville, MO: less expensive homes
- McKinley, MO: equally priced homes
- Hurley, MO: higher priced homes
- Brookline Station, MO: higher priced homes
- Battlefield, MO: equally priced homes
Cities with Similar Populations
- Townsend, MT: higher priced homes
- Ely, MN: less expensive homes
- St. Helen, MI: less expensive homes
- Vassalboro, ME: equally priced homes
- Burnham, IL: less expensive homes
- Wakarusa, IN: equally priced homes
- Montrose, CA: higher priced homes
- Marlette, MI: less expensive homes
- Rockford, TN: equally priced homes
- Piggott, AR: less expensive homes
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