Real Estate Investing in Butte, Montana

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

2 ZIP codes • Population: 34,653 • Silver Bow County

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Should you buy in Butte, MT? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (46/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 12.9% of homes vacant — above national norms.

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

7.1% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $432,016
Avg Monthly Rent $1,298
ZIP Codes 2

Investing in Butte Real Estate

Butte in Montana is one of the markets where the numbers warn before they reward — 2 ZIPs, a sizable population, and a rating that reflects material risk.

Butte is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. unambiguously out-of-state investors should be especially careful with the assumptions they carry in.

Market conditions in Butte are modest. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

Demographics in Butte show real pressure — median income of $N/AK is modest relative to rents, and the 0% renter share includes significant cost-burdened households.

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

Real numbers from people who own or manage rentals in Butte, MT. Anonymous, moderated, never written by AI.

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Avg Home Value
$432,016
Avg Monthly Rent
$1,298
1% Rule
✗ Below
Landlord Friendly (MT)

🎓 Colleges & Universities in Butte

3 Colleges 2,334 Students 416 Off-Campus Renters
C+
Montana Technological University
4-Year Public · 1,622 students
📍 ~204 students rent off-campus
C
Butte Academy of Beauty Culture
Vocational For-Profit · 13 students
C
Highlands College of Montana Tech
2-Year Public · 699 students
📍 ~212 students rent off-campus

ZIP Codes in Butte, MT

Screen every ZIP in Butte

Filter Butte’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Butte, MT

What do rentals go for in Butte, MT?

Butte, MT rentals go for roughly $1,298/mo a month. That puts gross yield in solid territory relative to $432K acquisition costs.

What is the renter demographic in Butte, MT?

Tenant demand in Butte, MT is solid. The local workforce $1,298/mo rents across most rental classes.

Are there empty rentals in Butte, MT?

Butte, MT carries elevated vacancy risk. Expect predictable absorption at market rents of $1,298/mo.

Are eviction rules reasonable in Butte, MT?

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

How does Butte, MT stack up for property investment?

The 3.0/5 investability rating in Butte, MT reflects its $432K prices and $1,298/mo rents. Investors generally consider it a solid option within MT.

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