Real Estate Investing in Miles City, Montana
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Should you buy in Miles City, MT? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 13.3% of homes vacant — above national norms.
What’s happening in Miles City, MT?
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Market Trends — Miles City, MT
Home Value History
Rent History
Investing in Miles City Real Estate
Miles City in Montana is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.
Across Miles City's 1 ZIPs, fundamentals run tepid: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.
Rent trends and price trends in Miles City are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Montana.
Distressed-leaning demographics in Miles City — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.
Landlord Ground Truth
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🎓 Colleges & Universities in Miles City
ZIP Codes in Miles City, MT
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View PlansFrequently Asked Questions About Miles City, MT
Can owner-occupants cash flow in Miles City, MT?
Miles City, MT is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $251K price point reasonable to enter.
How strong is tenant demand in Miles City, MT?
Working renters make up the core of the Miles City, MT tenant base. The pool is reasonable for investors targeting long-term holds.
What is it like being a landlord in Miles City, MT?
MT ranks as a landlord-friendly state for landlord-tenant law. Miles City generally follows the statewide framework, so landlords face reasonable operating rules.
Is Miles City, MT a smart market for rental property?
With a 3.0/5 investability score, Miles City, MT ranks as a solid market for rental property investors. Median prices of $251K and rents of $850/mo drive the underlying numbers.
What is the average home sale price in Miles City, MT?
Expect median prices around $251K in Miles City, MT. The market has run at a 0.0% 5-year CAGR, so entry costs have been stable.
Community Ratings
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