Real Estate Investing in Montana

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

104 counties • 332 cities • Landlord Friendliness: 5/5

Investability

Top ZIPs average

Appreciation

9.2% 5yr CAGR

Landlord Climate

Regulatory friendliness

Landlord Friendliness: Montana

★ ★ ★ ★ ★ 5/5

Eviction Speed Fast 3 days

Rent Control No rent control (prohibited)

Security Deposit No limit

📊 Montana Market Overview

Median Home Value $457,278

1-Year CAGR +0.9%

5-Year CAGR +9.2%

10-Year CAGR +7.6%

Investing in Montana Real Estate

Montana covers 332 cities and a sizable population, but its aggregate investment metrics skew muted — this is a state that demands genuine local knowledge before capital commits.

Market conditions across Montana reward discipline over enthusiasm. Cap rates that appear attractive often don't hold once real vacancy and capex are underwritten.

For investors in Montana's weaker markets, the landlord environment is one more variable to underwrite carefully. a challenging fit for courts can be slow, and enforcement costs real money.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.

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Free to search · investor plans from $19/mo

Avg Home Value $457,278

Cities Tracked 332

ZIP Codes 384

Market Trends — Montana

Statewide Home Value History

Statewide Rent History

Top ZIP Codes in Montana

🎓 Education in Montana

🏫 Top K-12 Schools

A+

A+

A+

A+

A+

A+

View all schools in Montana →

🎓 Top Colleges & Universities

C+

Montana State University

Bozeman · 16,960 students

C+

Salish Kootenai College

Pablo · 648 students

C+

Montana Technological University

Butte · 1,622 students

C+

The University of Montana

Missoula · 10,327 students

C+

Montana State University-Northern

Havre · 1,021 students

C+

Carroll College

Helena · 1,103 students

View all colleges in Montana →

📊 Explore More for Montana

🏠 Landlord-Friendly States 💰 Lowest Property Tax States 📈 Best States for Investing 💼 Career Paths & Salaries 📚 Degree Programs 🎓 Montana Colleges

Counties in Montana

Yellowstone County (12 ZIPs) Gallatin County (9 ZIPs) Missoula County (12 ZIPs) Flathead County (13 ZIPs) Cascade County (15 ZIPs) Lewis and Clark County (7 ZIPs) Ravalli County (7 ZIPs) Lake County (12 ZIPs) Silver Bow County (1 ZIPs) Lincoln County (6 ZIPs) Park County (6 ZIPs) Hill County (3 ZIPs) Glacier County (3 ZIPs) Jefferson County (5 ZIPs) Sanders County (7 ZIPs) Custer County (1 ZIPs) Fergus County (6 ZIPs) Richland County (3 ZIPs) Carbon County (7 ZIPs) Deer Lodge County (2 ZIPs) Beaverhead County (4 ZIPs) Dawson County (2 ZIPs) Stillwater County (5 ZIPs) Powell County (6 ZIPs) Madison County (6 ZIPs) Valley County (5 ZIPs) Big Horn County (2 ZIPs) McCone County (3 ZIPs) Teton County (4 ZIPs) Big Horn (9 ZIPs)

74 more counties available

Major Cities in Montana

Billings (8 ZIPs) Missoula (8 ZIPs) Bozeman (5 ZIPs) Great Falls (5 ZIPs) Helena (4 ZIPs) Kalispell (1 ZIPs) Butte (2 ZIPs) Belgrade (1 ZIPs) Columbia Falls (2 ZIPs) Whitefish (2 ZIPs) Hamilton (1 ZIPs) Livingston (1 ZIPs) Laurel (1 ZIPs) Havre (1 ZIPs) Stevensville (1 ZIPs) Miles City (1 ZIPs) Polson (1 ZIPs) Libby (1 ZIPs) Anaconda (1 ZIPs) Bigfork (1 ZIPs) Lewistown (1 ZIPs) Sidney (1 ZIPs) East Helena (1 ZIPs) Glendive (1 ZIPs) Dillon (1 ZIPs) Ronan (2 ZIPs) Browning (1 ZIPs) Lolo (1 ZIPs) Florence (1 ZIPs) Corvallis (1 ZIPs) Clancy (2 ZIPs) Deer Lodge (1 ZIPs) Manhattan (1 ZIPs) Eureka (2 ZIPs) Wolf Point (1 ZIPs) Three Forks (2 ZIPs) Choteau (2 ZIPs) Hardin (1 ZIPs) Cut Bank (1 ZIPs) Roundup (1 ZIPs)

292 more cities available

Don’t scroll every ZIP in this state by hand — filter the whole state by cap rate, vacancy and appreciation with Pro Search ($19/mo), and get a weekly alert when your shortlist moves (Investor Pro+). See plans →

Not planning to self-manage? We list 16 property management companies in Montana — searchable by county, with focus and specialties. Browse property managers →

Popular Neighborhoods in Montana

Blue Creek Billings (8 ZIPs) Central-Terry Billings (8 ZIPs) Heights Billings (8 ZIPs) Highlands Billings (8 ZIPs) Lockwood Billings (8 ZIPs) North Central Billings (8 ZIPs) North Elevation Billings (8 ZIPs) North Park Billings (8 ZIPs) Southside Billings (8 ZIPs) Southwest Corridor Billings (8 ZIPs) West Alkali Creek Billings (8 ZIPs) West End Billings (8 ZIPs) Bogert Park Bozeman (5 ZIPs) Bozeman Creek Bozeman (5 ZIPs) Cooper Park Bozeman (5 ZIPs) Downtown Bozeman (5 ZIPs) New Hyalite View Bozeman (5 ZIPs) Northeast Bozeman (5 ZIPs) Sourdough Bozeman (5 ZIPs) South Central Bozeman (5 ZIPs) Southeast Bozeman (5 ZIPs) University Bozeman (5 ZIPs) Fortine Eureka (2 ZIPs) Central Helena (4 ZIPs) Euclid Ave North Helena (4 ZIPs)

Frequently Asked Questions About Montana Real Estate

Is real estate in, MT a good investment right now?

Our data puts, MT at /5 for investability. Home prices of $457K and rents around create a solid backdrop for investor activity.

Is, MT a friendly market for rental owners?

Rental owners in, MT deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

What is the rental occupancy rate in, MT?

Rental vacancy in, MT is elevated. Investors should budget normal turnover but not chronic empty units.

How does the, MT market compare with MT as a whole?

, MT comes in broadly in line with on the MT comparison. Specific drivers include $457K prices and rents.

Find Your Next Investment in Montana

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