Real Estate Investing in Laurel, Montana

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1 ZIP codes • Population: 12,488 • Yellowstone County

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

🏠 For Homebuyers
MIXED
Grade C (68/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 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
CLEAN

No major risk flags on the data we track.

What’s happening in Laurel, MT?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.3% 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 $381,615
Avg Monthly Rent $1,303
ZIP Codes 1

Investing in Laurel Real Estate

Laurel (Montana) spans 1 ZIPs and roughly a sizable population. firmly the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Laurel is in that category.

Transaction volume in Laurel has thinned in a way that amplifies price discovery risk. Meanwhile, investors without local context should treat every number on the page with skepticism.

Distressed-leaning demographics in Laurel — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

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Best ZIP codes in Billings, MT

Laurel is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Property managers serving Yellowstone County

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Happy Homes Property Management offers patio home apartments in Billings, MT. summary from their website

Small multifamily
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Yellowstone Property Managers Association is an association for property managers. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$381,615
Avg Monthly Rent
$1,303
1% Rule
✗ Below
Landlord Friendly (MT)

📉 Market Crash Risk Index

Based on Billings, MT metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
52%
Days Pending
1/2
58 days

View all metro crash risk rankings →

⚖️ Balanced Market — Billings, MT metro
58
Days to pending
8.8%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Laurel, MT

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Filter Laurel’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 Laurel, MT

What kind of market is Laurel, MT for investors?

Laurel, MT rates 3.0/5 for investability. With median values at $382K and rents near $1,303/mo, the market offers reasonable fundamentals for rental investors.

Are there empty rentals in Laurel, MT?

Vacancy risk in Laurel, MT is elevated. That supports steady cash flow for typical rental holds.

What is the renter demographic in Laurel, MT?

Tenant demand in Laurel, MT is solid. The local workforce $1,303/mo rents across most rental classes.

Can I house hack in Laurel, MT?

The house hack math a challenging in Laurel, MT. Owner-occupant buyers benefit from the $1,303/mo rents and $382K home values.

What is the best play in Laurel, MT?

The best-fit strategy in Laurel, MT is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

Community Ratings

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