Upper-half FMR gap - Billings, MT HUD Metro FMR Area
Displayed gap in Billings, MT HUD Metro FMR Area: +32.5% (HUD $1,417 vs ACS $1,069) · counties in FMR rows: Carbon County, Yellowstone County .
FMR gap dispatch plate
CBSA 13740 · Billings, MT -32.5% shortfall
GAP-GENEROUS · FMR-ABOVE · SPREAD-PLUS · PHOTO-FINISH · COUNTY-SPARSE · BOOK-FULL
- GAP-GENEROUS 32.5% surplus
- FMR-ABOVE #256/396 · P65
- SPREAD-PLUS +$348
- PHOTO-FINISH Roanoke
- COUNTY-SPARSE 2 counties
- BOOK-FULL HUD+ACS pair
Nearest shortfall peer: Roanoke, VA Metro Area (-0.0pp)
HUD's reference overshoots the ACS median by $348/mo. Lease-up odds are usually better than in shortfall markets, though still compare Roanoke, VA Metro Area before assuming portability helps.
Instrument codes from this metro’s HUD FMR vs ACS shortfall band, national FMR quartile, dollar spread, gap peer, county footprint, and book completeness, not a moving recommendation.
Shortfall neighbourhood around Billings, MT
Metros nearest this CBSA on voucher-vs-market shortfall (HUD FMR vs ACS 2-BR median). Full ladder: /gap/.
- Billings · this metro -32.55
Billings · this metro: -32.5% shortfall
-32.55 % shortfall
- Roanoke -32.56
Roanoke: -32.6% shortfall
-32.56 % shortfall
- Buffalo-Cheektow -32.58
Buffalo-Cheektow: -32.6% shortfall
-32.58 % shortfall
- Fayetteville-Spr -32.58
Fayetteville-Spr: -32.6% shortfall
-32.58 % shortfall
- Waterbury-Shelto -32.64
Waterbury-Shelto: -32.6% shortfall
-32.64 % shortfall
How does Billings, MT compare with nearby FMR areas?
These are the twelve metros closest to Billings, MT on the displayed voucher-vs-market margin. Their county lists are HUD FMR-area coverage, not a claim that the markets are interchangeable.
- Roanoke, VA Metro Area
-32.6% shortfall · HUD $1,254 vs ACS $946 · $+$308/mo
HUD FMR-area counties: Botetourt County, Craig County, Roanoke County, Roanoke city, Salem city.
- Buffalo-Cheektowaga, NY Metro Area
-32.6% shortfall · HUD $1,343 vs ACS $1,013 · $+$330/mo
HUD FMR-area counties: Erie County, Niagara County.
- Fayetteville-Springdale-Rogers, AR Metro Area
-32.6% shortfall · HUD $1,347 vs ACS $1,016 · $+$331/mo
HUD FMR-area counties: Benton County, Madison County, Washington County.
- Waterbury-Shelton, CT Metro Area
-32.6% shortfall · HUD $1,788 vs ACS $1,348 · $+$440/mo
HUD FMR-area counties: Naugatuck Valley Planning Region.
- Greensboro-High Point, NC Metro Area
-32.9% shortfall · HUD $1,330 vs ACS $1,001 · $+$329/mo
HUD FMR-area counties: Guilford County, Randolph County.
- Lexington Park, MD Metro Area
-32.2% shortfall · HUD $2,083 vs ACS $1,576 · $+$507/mo
HUD FMR-area counties: Calvert County.
- Altoona, PA Metro Area
-32.9% shortfall · HUD $1,138 vs ACS $856 · $+$282/mo
HUD FMR-area counties: Blair County.
- Burlington-South Burlington, VT Metro Area
-33.0% shortfall · HUD $2,140 vs ACS $1,609 · $+$531/mo
HUD FMR-area counties: Chittenden County, Chittenden County, Chittenden County, Chittenden County, Chittenden County, Chittenden County.
- Tampa-St. Petersburg-Clearwater, FL Metro Area
-32.1% shortfall · HUD $1,977 vs ACS $1,497 · $+$480/mo
HUD FMR-area counties: Hernando County, Hillsborough County, Pasco County, Pinellas County.
- Valdosta, GA Metro Area
-33.0% shortfall · HUD $1,192 vs ACS $896 · $+$296/mo
HUD FMR-area counties: Brooks County, Echols County, Lanier County, Lowndes County.
- Bridgeport-Stamford-Danbury, CT Metro Area
-32.0% shortfall · HUD $2,511 vs ACS $1,902 · $+$609/mo
HUD FMR-area counties: Greater Bridgeport Planning Region, Greater Bridgeport Planning Region, Greater Bridgeport Planning Region, Greater Bridgeport Planning Region, Greater Bridgeport Planning Region, Greater Bridgeport Planning Region.
- Riverside-San Bernardino-Ontario, CA Metro Area
-31.9% shortfall · HUD $2,201 vs ACS $1,668 · $+$533/mo
HUD FMR-area counties: Riverside County, San Bernardino County.
Source: HUD USER FY2026 Fair Market Rent area records and Census ACS 2019–2023 median gross rent.
MT FMR scale context
These are the closest FY2026 2-BR FMR values in MT; they help place this HUD reference on its state scale, but do not substitute for each metro’s ACS rent comparison.
- Mineral County, MT HUD Metro FMR Area $1,361 (−$56)
- Great Falls, MT MSA $1,284 (−$133)
- Broadwater County, MT HUD Metro FMR Area $1,748 (+$331)
- Bozeman, MT MSA $2,154 (+$737)
Low-FMR contrast (scale only)
Binghamton, NY MSA ($1,103 2-BR); Floyd County, VA HUD Metro FMR Area ($1,094 2-BR); Fayette County, WV HUD Metro FMR Area ($915 2-BR); Beaumont-Port Arthur, TX MSA ($1,103 2-BR) . Opposite-quartile FMR metros for scale, not gap substitutes for Billings, MT HUD Metro FMR Area.
Billings, MT HUD Metro FMR Area gap inputs
- HUD 2-BR FMR (FY2026): $1,417/mo
- ACS 2019–2023 2-BR median: $1,069/mo
- Displayed gap: +32.5%
- National FMR percentile: 65 (#256/396)
displayed % = (HUD 2-BR − ACS 2-BR median) / ACS median × 100
MT HCV agencies (scale-keyed)
Full payment standards for Billings, MT HUD Metro FMR Area · Payment standards vs FMR
Source: HUD USER Fair Market Rent FY2026, Census ACS median gross rent. Gap is PlainVoucher-derived. Methodology.
Disclaimer. For informational purposes only, not a substitute for PHA counseling or legal advice. Median gross rent reflects rents paid by current tenants; asking rents for available units typically run higher. Actual PHA payment standards can differ from HUD FMR by ±10%. Always confirm the current payment standard with your PHA. PlainVoucher is not affiliated with HUD or any PHA.