Real Estate Investing in Savage, Montana (59262)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 59262 (Savage, 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.
- High vacancy: 20.9% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Savage, MT (59262)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 59262 Savage
Stepping back, ZIP 59262 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $283K median. It rewards specialists, not generalists.
Rent of $1,035/mo on a $283K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 59262 sits below the stated 0.0% once reality is priced in.
ZIP 59262's metrics run below Richland County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 59262 ZIP's population of 595 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.
Strategically, 59262 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Savage:
Market Trends
Home Value History (with trend line)
📊 How Does 59262 Compare?
| Metric | 59262 | Savage | Montana |
|---|---|---|---|
| Home Value | $283,036 | $283,036 | $457,278 |
| 5-Year CAGR | 3.4% | 3.4% | 9.2% |
| Avg Rent | $1,035 | $1,035 | - |
| Cap Rate | 2.9% | 2.9% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 59262 (Savage, MT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $283,036 |
| Monthly Rent | $1,035 |
| Price-to-Rent | 22.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.9% |
| 5-Year IRR | 6.2% |
📈 Home Appreciation
| 1-Year | +5.4% ▲ |
| 3-Year CAGR | +4.8% ▲ |
| 5-Year CAGR | +3.4% ▲ |
| 10-Year CAGR | N/A |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). 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 59262
Population: 595
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 59262
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
Which investment style suits Savage, MT?
Investors usually favor careful cash-flow rentals with hands-on management in Savage, MT. With home values at $283K and rents near $1,035/mo, other strategies can work but produce even-keeled rather than outsized returns.
Is rental property easy to operate in Savage, MT?
Landlord-friendliness in Savage, MT is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What are vacancy rates like in Savage, MT?
Vacancy in Savage, MT is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,035/mo.
Does house hacking work in Savage, MT?
House hacking in Savage, MT is reasonable to execute. Prices around $283K and rents of $1,035/mo solid owner-occupant economics.
What is the typical renter like in Savage, MT?
Tenant quality in Savage, MT ranks as solid. Landlords generally report even-keeled occupancy at market rents of $1,035/mo.
You know 59262 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 59262 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
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