Best ZIP Codes for Cash Flow in Billings, MT (2026)

Ranked by cap rate — the annual return on the purchase price before financing. ZIPs that also clear the 1% rule are marked.

# ZIP City Home value Rent Cap rate 5-yr growth
1 59074 Ryegate, MT $235,399 $1,152 3.82% 6.1%
2 59079 Shepherd, MT $477,787 $1,782 2.91% 5.9%
3 59102 Billings, MT $388,202 $1,432 2.88% 5.7%
4 59101 Billings, MT $336,360 $1,189 2.76% 6.0%
5 59015 Acton, MT $382,639 $1,314 2.68% 5.8%
6 59044 Laurel, MT $381,615 $1,303 2.66% 5.3%
7 59069 Reed Point, MT $496,201 $1,656 2.60% 9.7%
8 59024 Custer, MT $387,292 $1,287 2.59% 6.2%
9 59105 Billings, MT $425,267 $1,366 2.51% 6.2%
10 59008 Belfry, MT $421,957 $1,341 2.48% 6.8%
11 59029 Fromberg, MT $394,613 $1,251 2.47% 8.0%
12 59106 Billings, MT $547,877 $1,732 2.47% 4.2%
13 59088 Worden, MT $415,937 $1,251 2.35% 3.4%
14 59006 Ballantine, MT $391,069 $1,116 2.23% 5.0%
15 59014 Bridger, MT $401,852 $1,116 2.17% 7.3%
16 59041 Joliet, MT $550,725 $1,503 2.13% 6.9%
17 59001 Absarokee, MT $457,338 $1,152 1.96% 8.0%
18 59061 Nye, MT $560,179 $1,377 1.92% 7.1%
19 59063 Park City, MT $522,591 $1,287 1.92% 7.4%
20 59037 Huntley, MT $502,530 $1,233 1.91% 5.8%
21 59070 Roberts, MT $587,714 $1,395 1.85% 6.8%
22 59019 Columbus, MT $480,314 $1,116 1.81% 6.7%
23 59028 Fishtail, MT $589,346 $1,314 1.74% 7.8%
24 59057 Molt, MT $608,085 $1,296 1.66% 6.1%
25 59071 Fishtail, MT $529,199 $1,116 1.64% 8.8%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →

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