Housing & Real Estate — Billings, Montana
Overview
| Total Housing Units | 53,537 |
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| Occupied | 50,340 |
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| Vacant | 3,197 |
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| Owner-Occupied | 32,613 |
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| Renter-Occupied | 17,727 |
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| Median Home Value (Census) | $343,400 |
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| Estimated 2026 | ~$367,000 |
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| Median Rent | $1,097/mo |
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| Median Property Tax | $2,887/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | moderate |
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| Rent as % of Income | 17.9% |
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| Severely Rent-Burdened | 40.6% |
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Housing Age
| Built 2010 or later | 8,506 |
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| Built 2000-2009 | 5,681 |
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| Built 1990-1999 | 6,682 |
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| Built before 1960 | 14,012 |
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| Median Year Built | 1979 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
