Billings, MT Metro Area - Investment Guide
Metro Area • 21 Cities • 26 ZIP Codes
Avg Home Value
$461,727
Avg Monthly Rent
$1,315
Avg Cap Rate
2.30%
Avg Investability
3.0 ★
Cities
21
ZIP Codes
26
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Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
7.28%
as of Oct 1
Source: Freddie Mac PMMS
⚖️
BALANCED MARKET
Billings, MT Metro Area
Even conditions for buyers and sellers
54 days
Average time to sell
Average
8.7%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of September 19, 2026 — updated weekly
Best ZIP codes in Billings, MT
Every ZIP in the metro, ranked four ways. Free.
Cities in Billings, MT
Absarokee
Montana
1 ZIPs
Ballantine
Montana
1 ZIPs
Belfry
Montana
1 ZIPs
Billings
Montana
8 ZIPs
Bridger
Montana
1 ZIPs
Columbus
Montana
1 ZIPs
Custer
Montana
1 ZIPs
Fishtail
Montana
2 ZIPs
Fromberg
Montana
1 ZIPs
Huntley
Montana
1 ZIPs
Joliet
Montana
1 ZIPs
Laurel
Montana
1 ZIPs
Molt
Montana
1 ZIPs
Nye
Montana
1 ZIPs
Park City
Montana
1 ZIPs
Red Lodge
Montana
1 ZIPs
Reed Point
Montana
1 ZIPs
Roberts
Montana
1 ZIPs
Ryegate
Montana
1 ZIPs
Shepherd
Montana
1 ZIPs
Worden
Montana
1 ZIPs
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 59019 | Columbus | MT | $439,381 | $1,116 | 1.98% | |
| 59071 | Fishtail | MT | $527,326 | $1,116 | 1.65% | |
| 59037 | Huntley | MT | $496,649 | $1,233 | 1.94% | |
| 59102 | Billings | MT | $372,379 | $1,439 | 3.01% | |
| 59001 | Absarokee | MT | $431,520 | $1,152 | 2.08% | |
| 59063 | Park City | MT | $467,816 | $1,287 | 2.15% | |
| 59006 | Ballantine | MT | $377,307 | $1,116 | 2.31% | |
| 59068 | Red Lodge | MT | $501,898 | $1,116 | 1.73% | |
| 59024 | Custer | MT | $382,283 | $1,287 | 2.63% | |
| 59074 | Ryegate | MT | $240,079 | $1,152 | 3.74% | |
| 59041 | Joliet | MT | $540,871 | $1,503 | 2.17% | |
| 59105 | Billings | MT | $408,299 | $1,231 | 2.35% | |
| 59044 | Laurel | MT | $377,610 | $1,217 | 2.51% | |
| 59106 | Billings | MT | $534,768 | $1,552 | 2.26% | |
| 59008 | Belfry | MT | $410,277 | $1,341 | 2.55% | |
| 59069 | Reed Point | MT | $455,654 | $1,656 | 2.83% | |
| 59028 | Fishtail | MT | $530,952 | $1,314 | 1.93% | |
| 59079 | Shepherd | MT | $472,715 | $1,782 | 2.94% | |
| 59029 | Fromberg | MT | $371,753 | $1,251 | 2.62% | |
| 59088 | Worden | MT | $407,029 | $1,251 | 2.40% | |
| 59057 | Molt | MT | $597,898 | $1,296 | 1.69% | |
| 59014 | Bridger | MT | $388,812 | $1,116 | 2.24% | |
| 59070 | Roberts | MT | $536,554 | $1,395 | 2.03% | |
| 59015 | Acton | MT | $368,979 | $1,314 | 2.78% | |
| 59071 | Fishtail | MT | $474,148 | $1,116 | 1.84% | |
| 59037 | Huntley | MT | $476,433 | $1,233 | 2.02% | |
| 59101 | Billings | MT | $335,429 | $1,244 | 2.89% | |
| 59061 | Nye | MT | $539,034 | $1,377 | 1.99% | |
| 59019 | Columbus | MT | $461,006 | $1,116 | 1.89% | |
| 59074 | Ryegate | MT | $207,311 | $1,152 | 4.33% | |
| 59041 | Joliet | MT | $509,802 | $1,503 | 2.30% | |
| 59102 | Billings | MT | $384,535 | $1,445 | 2.93% | |
| 59001 | Absarokee | MT | $457,338 | $1,152 | 1.96% | |
| 59063 | Park City | MT | $510,874 | $1,287 | 1.96% | |
| 59006 | Ballantine | MT | $391,069 | $1,116 | 2.23% | |
| 59068 | Red Lodge | MT | $532,519 | $1,116 | 1.63% | |
| 59024 | Custer | MT | $370,507 | $1,287 | 2.71% | |
| 59079 | Shepherd | MT | $460,569 | $1,782 | 3.02% | |
| 59044 | Laurel | MT | $367,319 | $1,410 | 2.99% | |
| 59105 | Billings | MT | $421,173 | $1,326 | 2.45% | |
| 59057 | Molt | MT | $580,731 | $1,296 | 1.74% | |
| 59106 | Billings | MT | $546,085 | $1,842 | 2.63% | |
| 59008 | Belfry | MT | $421,957 | $1,341 | 2.48% | |
| 59069 | Reed Point | MT | $481,907 | $1,656 | 2.68% | |
| 59028 | Fishtail | MT | $554,031 | $1,314 | 1.85% | |
| 59088 | Worden | MT | $397,890 | $1,251 | 2.45% | |
| 59029 | Fromberg | MT | $396,963 | $1,251 | 2.46% | |
| 59101 | Billings | MT | $323,129 | $1,210 | 2.92% | |
| 59061 | Nye | MT | $500,999 | $1,377 | 2.14% | |
| 59014 | Bridger | MT | $401,852 | $1,116 | 2.17% |
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About Billings, MT Real Estate Market
The Billings, MT metropolitan statistical area (MSA) encompasses 21 cities and 26 ZIP codes. The average home value across the metro is $461,727, with an average monthly rent of $1,315. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.