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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 $86,226, lower than the Oklahoma average of $210,566.
The average cost of rent is $667/mo in Billings, primarily driven by the current value of real estate in the Billings area. In Billings, 24.43% of households rent, and 80.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Billings is $3,761 per month. Households that rent pay about 17.74% of their income on rent here. Billings’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Garber, OK: higher priced homes
- Salt Fork, OK: higher priced homes
- Lamont, OK: higher priced homes
- Tonkawa, OK: equally priced homes
- Hunter, OK: higher priced homes
- Red Rock, OK: higher priced homes
- Breckenridge, OK: higher priced homes
- Marland, OK: higher priced homes
- White Eagle, OK: higher priced homes
- Pond Creek, OK: higher priced homes
Cities with Similar Populations
- Fort Jesup, LA: higher priced homes
- New Kingstown, PA: higher priced homes
- Meriden, MN: higher priced homes
- Majestic, KY: less expensive homes
- Madison, CA: higher priced homes
- Lynch, KY: less expensive homes
- Louise, MS: higher priced homes
- Vaughns Mill, KY: higher priced homes
- Institute, WI: higher priced homes
- Wainwright, MO: higher priced homes
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