Home values and rents: available snapshot
Only one observation is stored for Billings, MT. A historical trend cannot be calculated from this snapshot.
- Typical home value (ZHVI)
- $410,666
- Source period: 2026-05-31
- Monthly rent index (ZORI)
- $1,435
- Source period: 2026-05-31
Stored snapshot: 2026-06-29. Source dates describe the underlying observations, not today’s market.
Quick Investment Calculator
Purchase
Monthly Cash Flow
* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.
Score Breakdown
Based on 4.19% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.
Based on 2.0% YoY price growth. Moderate growth (3-8%) scores highest.
Based on 0.0% population growth. Growing areas indicate economic stability.
Based on price relative to estimated local incomes.
Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.
Investment Outlook
Strengths
- +Low unemployment (0.0%)
Challenges
- -Below-average rent-to-price ratio (4.19%)
- -Negative cash flow at typical financing (-$1,220/mo)
- -Negative leverage (cap rate 2.7% < mortgage rate 6.9%)
Counties in Billings, MT
Section 8 in Billings, MT: payment standards by ZIP, PHA waitlist status, and voucher counts are on VoucherMatch, the same HUD dataset with the tenant demand side attached.
Compare to Similar Metros
| Metro Area | Verdict | ||||||
|---|---|---|---|---|---|---|---|
Marquette, MI Marquette, MI | 69 | $257,860 | $1,445 | 6.72% | Buy | View | |
Jasper, IN Jasper, IN | 69 | $246,716 | $1,242 | 6.04% | Buy | View | |
Muskogee, OK Muskogee, OK | 69 | $159,251 | $981 | 7.39% | Buy | View | |
Hobbs, NM Hobbs, NM | 69 | $202,522 | $1,433 | 8.49% | Buy | View | |
Storm Lake, IA Storm Lake, IA | 69 | $190,674 | Est. | Buy | View | ||
Current Billings, MT | 49 | $410,666 | $1,435 | 4.19% | Hold |
Rent vs buy in this metro
The Bottom Line
The Billings, MT metro area scores 49/100, ranking #731 of 894 US metros (top 82%). The 4.19% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.