Real Estate Investing in Livingston, Montana (59047)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 59047 (Livingston, MT)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.1% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 32.8 — hard to cash-flow at these prices.
What’s happening in Livingston, MT (59047)?
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Market Analysis: 59047 Livingston
Not every below-median market is a bargain. Livingston's 59047 ZIP shows signals that favor experienced operators who can absorb the risk $562K pricing implies.
For an experienced owner, 59047 can be a a strong candidate for hunting ground — but the discount at $562K reflects genuine risk that outside investors often underestimate.
ZIP 59047's metrics run below Park County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Stepping back, 13,491 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategy in 59047 is an operator game, not a passive one. Put differently, entry prices of $562K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Livingston:
Property Strategy for 59047
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $394,578 | $1,420 | 2.6% | +7.1% | $394,578 |
| 2BR | $419,776 | $1,650 | 2.8% | +9.0% | $209,888 |
| 3BR | $567,440 | $2,290 | 2.9% | +8.3% | $189,147 |
| 4BR | $676,279 | $2,770 | 2.9% | +9.4% | $169,070 |
| 5BR | $852,465 | — | — | +9.4% | $170,493 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 59047 Compare?
| Metric | 59047 | Livingston | Montana |
|---|---|---|---|
| Home Value | $562,022 | $562,022 | $457,278 |
| 5-Year CAGR | 4.1% | 4.1% | 9.2% |
| Avg Rent | $1,428 | $1,428 | - |
| Cap Rate | 2.0% | 2.0% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 59047 (Livingston, MT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $562,022 |
| Monthly Rent | $1,428 |
| Price-to-Rent | 32.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.1% |
| Cap Rate | 2.0% |
| 5-Year IRR | 6.0% |
📈 Home Appreciation
| 1-Year | +3.6% ▲ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | +4.1% ▲ |
| 10-Year CAGR | +8.7% ▲ |
🏠 Rent Trends
| 1-Year | -17.7% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 59047
Population: 13,491
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 59047
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
Does house hacking make sense in Livingston, MT?
House hacking in Livingston, MT is reasonable to execute. Prices around $562K and rents of $1,428/mo solid owner-occupant economics.
What is the average monthly rent in Livingston, MT?
Expect rents around $1,428/mo per month in Livingston, MT. With home values at $562K, the yield math works out to reasonable levels for rental investors.
How strong is tenant demand in Livingston, MT?
Livingston, MT draws a measured base of working renters. Demand at the $1,428/mo rent level is reasonable for standard single-family and small multi rentals.
How do landlord-tenant laws work in Livingston, MT?
MT ranks as a landlord-friendly state for landlord-tenant law. Livingston generally follows the statewide framework, so landlords face reasonable operating rules.
How much should I expect to pay for a home in Livingston, MT?
Expect median prices around $562K in Livingston, MT. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.
You know 59047 now. You don’t know where it ranks.
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