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Billings city, MT

ZIP 59106 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 59106

Median Home Value
$483,100
Median Rent
$1,279
Affordability Snapshot
$133,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,103/mo PITI).

13%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.9x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

31.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 59106 in Billings city, MT, a household would need roughly $133,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,103. That is roughly in line with the local median household income ($122,374). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
79.6%+22% vs US avg
x
Vacancy Rate
4.4%-57% vs US avg
x
Broadband Access
91.9%+6% vs US avg
x
4+ Bedrooms
22.4%+52% vs US avg
x
Built Pre-1939
0.0%
x
Built Post-2014
5.4%-21% vs US avg
x
Rent Burden >30%
12.1%-76% vs US avg
x
Mortgage-Free
45.0%+18% vs US avg
x
$483,100
Home Value
$1,279
Rent
2007
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached73.2%
  • 1-unit attached7.9%
  • 2-9 units4.4%
  • 10+ units12.5%
  • Mobile home & other1.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$483,100
Median rent$1,279
Owner-occupied79.6%
Vacant4.4%
Price-to-income3.9x
Est. income to buy$133,000