SIALIMStatistical Intelligence for America's Local Investment Markets

The Most Expensive ZIP Codes in Billings

Ranked from observed Zillow data as of June 2026 — not a forecast. 26 ZIP codes in the Billings, MT area. See the Billings forecast →

Cheaper
More expensive· dot size = population

10 most expensive ZIP codes in Billings, MT are ringed on the map; all 36 ZIPs shown, colored by typical home value and sized by population. Hover any dot for its ZIP and value.

Which are the best ZIP codes to buy in Billings?

There is no single answer, because "best" depends on what a buyer is optimizing for. The three tables below rank the same 26 ZIP codes three different ways: by typical home value, by how much prices have actually moved over the past year, and by how far a home's price stretches against observed rent. A ZIP code that leads one list rarely leads all three.

Most expensive — June 2026

Ranked by typical home value (Zillow ZHVI), highest first.

#ZIPCityPopulationTypical value
159028Fishtail455$610,778
259057Molt718$604,286
359070Roberts1.5K$586,968
459061Nye240$573,334
559041Joliet2.2K$552,472
659106Billings20.2K$546,085
759068Red Lodge3.5K$539,043
859071Fishtail65$527,326
959063Park City2.1K$525,305
1059069Reed Point491$506,261

Fastest-appreciating — past 12 months

Ranked by observed price change over the trailing year, not a forecast.

#ZIPCityPopulationTypical value1-yr change
159061Nye240$573,334+13.9%
259071Fishtail65$527,326+13.9%
359069Reed Point491$506,261+11.2%
459074Ryegate396$240,079+11.2%
559001Absarokee1.5K$466,405+9.7%
659029Fromberg799$404,834+9.4%
759028Fishtail455$610,778+9.1%
859063Park City2.1K$525,305+9%
959019Columbus4.3K$486,521+6.7%
1059041Joliet2.2K$552,472+6.5%

Best rental value — past 12 months

Ranked by price-to-rent (typical value ÷ observed annual rent), lowest first — the ZIP codes where buying looks cheapest relative to renting.

#ZIPCityPopulationTypical valuePrice ÷ annual rent
159102Billings48.7K$384,53522.2×
259101Billings41.8K$335,42922.5×
359044Laurel12.5K$379,70623.5×
459106Billings20.2K$546,08524.7×
559105Billings34.4K$421,17326.5×

Frequently asked questions

What is the most expensive ZIP code in the Billings area?

59028 (Fishtail), with a typical home value of $610,778 as of June 2026, the latest month Zillow has published.

Which are the best ZIP codes to buy in Billings?

It depends on the goal. This page ranks three separately: the most expensive ZIP codes (highest typical value), the fastest-appreciating (largest observed price gain over the past year), and the best rental value (lowest price relative to observed rent). The three lists often name different ZIP codes.

Is this page showing forecasts?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasts, at the metro level, are on the linked metro forecast page.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.