Real Estate Investing in Fallon, Montana (59326)

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

Prairie County • Population: 363 • Data updated: September 2026

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Should you buy in 59326 (Fallon, MT)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (33/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
STRONG
4.0 / 5 (86/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
3 flags
  • High vacancy: 27.6% of homes vacant — above national norms.
  • Declining values: -0.7% 5-year CAGR — values have moved lower.
  • Elevated poverty: 54.3% poverty rate — can affect rent collection.

• 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 Fallon, MT (59326)?

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4.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $127,529
Avg Monthly Rent $1,413
1% Rule ✓ Meets
Median Income N/A
% Renters 46.7%

Market Analysis: 59326 Fallon

The 59326 ZIP in Fallon is not a pristine, turnkey story — it is a value-add map. Stock is older, prices near $128K are approachable, and upside sits in the rehab line.

In 59326, the deal is made on the buy and on the capex. notable entry prices of $128K leave room in the budget for light-to-medium renovation, with rent lift to match.

Regionally, 59326 sits on the affordable end of the Prairie County map. From an investor standpoint, the absolute numbers are modest, the spread between acquisition price and post-rehab value is wider than in turnkey ZIPs.

The 59326 ZIP's demographic trend has been one of stability with upside — population of 363, steady renter share, and an incoming cohort that is willing to pay for improved units.

ZIP 59326 fits investors who can swing a hammer — or pay someone to swing one well. BRRRR, fix-and-flip, and fix-and-hold all work when the rehab scope is matched to the rent lift.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Fallon:

Affordability
Affordable
Homes cost × the median income
Value Trend
Rising (+6.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,413/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.

Market Trends

Home Value History (with trend line)

$143K$136K$129K$123K$116K$109KFeb 2016May 2021Jul 2026

📊 How Does 59326 Compare?

Metric 59326 Fallon Montana
Home Value $127,529 $127,529 $457,278
5-Year CAGR N/A N/A 9.2%
Avg Rent $1,413 $1,413 -
Cap Rate 8.6% 8.6% -

Similar ZIPs Within 25 Miles

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💡 Why Invest in 59326? Click to expand

This ZIP code meets the 1% rule with rent at $1,413/mo on homes averaging $127,529 — a strong indicator of cash flow potential.

Our analysis gives this area a 4/5 investability rating, placing it in the top tier for rental property potential.

A healthy rental market with 47% renter-occupied households ensures tenant availability.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 59326 (Fallon, MT). Anonymous, moderated, never written by AI.

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Investability
Excellent
Cap Rate
8.6%
Excellent
5yr Growth
-0.7%
Declining

📊 Market Snapshot

Home Value $127,529
Monthly Rent $1,413
Price-to-Rent 7.5:1
1% Rule ✓ Passes

💰 Return Metrics

Gross Yield 13.3%
Cap Rate 8.6%
5-Year IRR 7.9%

📈 Home Appreciation

1-Year +6.7% ▲
3-Year CAGR +1.4% ▲
5-Year CAGR -0.7% ▼
10-Year CAGR +1.2% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Positive Leverage Market Cap Rate: 8.6%  |  30yr Rate: 6.8%
Leverage may enhance returns here.

The estimated cap rate (8.6%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
27.6%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
-0.7%
Flat
Eviction process: Fast Rent control: Favorable

Demographics in 59326

Population: 363

💰 Median Household Income
N/A
🏠 Renter Occupied
46.7%
This area
46.7%
State
24.3%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-0.5%
USA
3.7%
🎓 College Educated
4.4%
This area
4.4%
State
20.1%
USA
33.7%
👤 Median Age
37.3 years
This area
37.3 years
State
38.3 years
USA
38.9 years
🏚️ Vacancy Rate
27.6%
This area
27.6%
State
26.6%
USA
10.5%
👥 Population by Ethnicity
White 90.2%
Asian 8.1%
Hispanic/Latino 1.7%
Other/Mixed 1.7%
👶 Under 18
45.0%
This area
45.0%
USA
22.0%
👴 65 and Over
15.0%
This area
15.0%
USA
17.3%
📊 Poverty Rate
54.3%
This area
54.3%
USA
11.5%

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

Frequently Asked Questions

How much does a house cost in Fallon, MT?

The median home value in Fallon, MT is roughly $128K. That puts it reasonable relative to the MT statewide average.

How viable is house hacking in Fallon, MT?

Fallon, MT is a an attractive market for house hackers. FHA or conventional owner-occupant buyers find the $128K price point reasonable to enter.

Do properties in Fallon, MT satisfy the 1% rule?

Yes, many Fallon, MT properties clear the 1% rule. The rent-to-price ratio averages 1.11%, supported by $1,413/mo rents.

How well does BRRRR work in Fallon, MT?

Fallon, MT BRRRR deals are a strong. With proper buy-side discipline, operators can recycle most of their capital post-refinance.

Where do rents currently stand in Fallon, MT?

Expect rents around $1,413/mo per month in Fallon, MT. With home values at $128K, the yield math works out to reasonable levels for rental investors.

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