Categories: Retirement

Great places to retire where rent is under $1,000 a month

Billings, Montana

Average housing cost: $598
Population age 65 or older: 15 percent
Walkability score: 35
Safety score: 6

Billings is a bustling city located on the Yellowstone River in southeast Montana. Outdoor and wildlife enthusiasts will enjoy Billings’ many offerings, including fishing, hunting and hiking with breathtaking views every way they turn.

It’s a car-dependent city, but the low cost housing makes it a great retirement city. Billings has the second-lowest average rent on this list at only $598 per month. Additionally, Billings has the largest senior citizen population on this list. Some costs of senior care in Montana are slightly lower than the national median, which is another factor to consider.

The downtown area is rapidly expanding and contains numerous trendy shops, independent restaurants and microbreweries. Oil and healthcare are booming industries in Billings.

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