Single-family Foreclosures in Billings, MT

Current Market Conditions in Billings, MT

The real estate market in Billings is currently experiencing a boom, with an increased demand for housing due to a growing population and job market. Prices have seen a steady increase, making it a competitive environment for buyers. Investors are taking interest as the city continues to attract newcomers, presenting opportunities for rental properties and new developments.

The rental market is also strong, with vacancy rates low. Many locals are looking for rental properties as they navigate the current housing market, which continues to push prices higher, benefiting investors and property owners in the area.

Rent Prices In Billings, MT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Billings, MT, is on a rollercoaster ride. The average rent price in Billings, MT, is $1,537.00. Indeed, when looking to rent in Billings, MT, you can expect to pay as little as $440.00 or as much as $3,270.00, with the average rent median estimated to be $1,510.00. The good news is that finding an affordable and desirable property to rent in Billings, MT -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.