Rent to own Homes in Billings, MT
Montana's biggest city, Billings, is where the territory of modern Montana started, and it makes for a wonderful starting point to explore the wonders of this great state, including Yellowstone National Park. However, there's also a lot to the city itself, with the Yellowstone Art Museum, Zoo Montana, Pictograph Cave, and Pompey's Pillar all within the area. With great dining, shopping, and nightlife to offer as well, Billings may be the place to find your perfect rent to own dream home.
Billings, MT is a great place for affordable rent-to-own homes! With a median household income of over $60,032 and a median rent of $923, the Billings, MT rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Billings, MT. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
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Rent to own Homes in Cities Near Billings, MT
Neighborhoods in Billings, MT
North Park rent to own homes North Elevation rent to own homes West End rent to own homes Southwest Corridor rent to own homes Central - Terry rent to own homes South Side rent to own homes Heights rent to own homes Pioneer Park rent to own homes North Central Billings rent to own homes Highlands rent to own homesPopular Zip Codes in Billings, MT
59111 rent to own homes 59108 rent to own homes 59103 rent to own homes 59104 rent to own homes 59107 rent to own homes 59102 rent to own homesBuying a Home in Billings, MT
Billings, MT is seeing rapid growth and Billings, MT's' housing market remains not optimal with an average home price that is 7% above the 2024 national average. Billings, MT is part of Yellowstone county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Yellowstone is 0.98% which is below the national average, which is 0.99%.
Median Home Price in Billings, MT
Median Rent in Billings, MT
Top Reasons to Live in Billings MT
Billings Housing Statistics The population of the city is around 100,000, and the median age is in the high 30s, making the city slightly more popular among the more mature. The median household income rate is roughly $45,000. Average listing prices for properties are about $300,000, with median sales prices of a little over $105,000. Only a handful of homes have been sold in recent months. The average price per square foot in Billings is $87.
Tourist Attractions There are a number of interesting attractions in Billings, several of which are historical in nature. The Little Bighorn Battlefield National Monument is one of these, helping to preserve the site of one of the most famous battles of the 1800s. Another historical landmark is Pompey's Pillar National Monument, showcasing some real evidence of the expedition undertaken by Lewis and Clark. For those who want to explore the surrounding landscapes, you can't go far wrong with a scenic drive or some trail walking at Chief Plenty Coups State Park. Another hot spot for tourists is Zoo Montana, or you could get out and see some animals in the wild by fetching your binoculars and venturing towards Yellowstone National Park, one of the most well known and visited National Parks in the US.
Arts and Culture Billings has a lot of art and cultural attractions. Metra Park is one such venue. It's a concert and trade arena that runs all sorts of events throughout the year, from musical concerts to rodeos. If it's the performing arts you're most interested in, the Alberta Bair Theatre is for you, showing hundreds of different productions over the course of the year, most of which are performed by professional touring companies from both the US and abroad. If it's art that catches your eye, the Yellowstone Art Museum has some great exhibits and shows for you to enjoy, while the Western Heritage Center is a great place to educate yourself about the region's past. As you can quickly tell, Billings isn't only about the beautiful wonders of the frontier, but it's also about the culture and history of its past, as well as the modern music and dance that is continually showcased year after year.
Outdoor Activities If you are yearning for some adventure, Billings and its surrounding areas are for you. Aside from the local tourist attractions listed above, more exciting opportunities await you, from Pictograph Cave State Park, with original pictographs that are more than 2,100 years old, to the many beautiful trails and wonderful recreational activities you can enjoy in the wild. Billings is called Montana's Trailhead for a reason, so get your hiking gear on and enjoy the wilds of Amend Park, Castle Rock Park, and Black Otter Trail. Then, if you've still got some energy left, go whitewater rafting, head up into the mountains for some snowsports, or enjoy a casual game of golf on one of the many scenic couses in the area. The opportunities are truly endless.
School Systems Among all of this excitement there is also a great school infrastructure within the city. There are more than 15,000 students enrolled in the Billings Public School District, while two other districts - Elder Grove School District, and District 3 - also serve the area. In addition to this, there are several private schools that operate around the city, including Billings Christian Schools, serving grades K-12, and Trinity Lutheran School, serving grades K-8.
Neighborhoods As Montana's biggest city, Billings has a lot of great neighborhoods. Here are some you should know about: