Real Estate Investing in Lewistown, Montana (59457)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 59457 (Lewistown, MT)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.4% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Lewistown, MT (59457)?
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Market Analysis: 59457 Lewistown
The 59457 ZIP in Lewistown, MT is a local-operator market. Outside capital chasing a $295K entry has to pair deep knowledge with the discount.
For an experienced owner, 59457 can be a a credible choice for hunting ground — but the discount at $295K reflects genuine risk that outside investors often underestimate.
The gap between 59457 and stronger Lewistown ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
A significant renter share of 35% in 59457 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 59457 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Lewistown:
Property Strategy for 59457
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $157,986 | $1,100 | 5.0% | +13.9% | $157,986 |
| 2BR | $216,644 | $1,440 | 4.8% | +13.4% | $108,322 |
| 3BR | $308,290 | $1,980 | 4.6% | +11.9% | $102,763 |
| 4BR | $386,315 | $2,330 | 4.3% | +11.1% | $96,579 |
| 5BR | $523,929 | — | — | +11.2% | $104,786 |
Market Trends
Home Value History (with trend line)
📊 How Does 59457 Compare?
| Metric | 59457 | Lewistown | Montana |
|---|---|---|---|
| Home Value | $294,776 | $294,776 | $457,278 |
| 5-Year CAGR | 9.1% | 9.1% | 9.2% |
| Avg Rent | $1,296 | $1,296 | - |
| Cap Rate | 3.4% | 3.4% | - |
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 59457 (Lewistown, MT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $294,776 |
| Monthly Rent | $1,296 |
| Price-to-Rent | 19.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.4% |
| 5-Year IRR | 12.5% |
📈 Home Appreciation
| 1-Year | +7.6% ▲ |
| 3-Year CAGR | +8.4% ▲ |
| 5-Year CAGR | +9.1% ▲ |
| 10-Year CAGR | +8.2% ▲ |
🏠 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 (3.4%). 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 59457
Population: 9,215
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 59457
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 Lewistown, MT make sense for an investment property?
With a 3.0/5 investability score, Lewistown, MT ranks as a solid market for rental property investors. Median prices of $295K and rents of $1,296/mo drive the underlying numbers.
What is the average monthly rent in Lewistown, MT?
Expect rents around $1,296/mo per month in Lewistown, MT. With home values at $295K, the yield math works out to reasonable levels for rental investors.
How deep is the rental pool in Lewistown, MT?
Expect a solid tenant pool in Lewistown, MT. The rental market absorbs $1,296/mo rents without meaningful friction.
How quickly do rentals get leased in Lewistown, MT?
Vacancy risk in Lewistown, MT is elevated. That supports stable cash flow for typical rental holds.
What investment strategy works best in Lewistown, MT?
Most investors in Lewistown, MT run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
You know 59457 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 59457 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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