Real Estate Investing in Havre, Montana (59501)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 59501 (Havre, 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 Havre, MT (59501)?
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Market Analysis: 59501 Havre
The 59501 ZIP in Havre, MT is a local-operator market. Outside capital chasing a $241K entry has to pair deep knowledge with the discount.
The investment case in 59501 is substantial only for operators who understand what they are buying. A $241K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 59501's metrics run below Hill County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 59501 includes headwinds that any investor should price in. Income distribution skews lower than Havre averages, and tenant stability requires active management.
Strategy in 59501 is an operator game, not a passive one. On the rental side, entry prices of $241K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Havre:
Property Strategy for 59501
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $94,957 | $1,080 | 8.2% | +3.9% | $94,957 |
| 2BR | $168,005 | $1,320 | 5.7% | +6.5% | $84,003 |
| 3BR | $226,734 | $1,740 | 5.5% | +7.1% | $75,578 |
| 4BR | $260,145 | $1,750 | 4.8% | +6.9% | $65,036 |
| 5BR | $329,598 | — | — | +6.6% | $65,920 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 59501 Compare?
| Metric | 59501 | Havre | Montana |
|---|---|---|---|
| Home Value | $241,070 | $241,070 | $457,278 |
| 5-Year CAGR | 4.8% | 4.8% | 9.2% |
| Avg Rent | $1,092 | $1,092 | - |
| Cap Rate | 3.5% | 3.5% | - |
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 59501 (Havre, MT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $241,070 |
| Monthly Rent | $1,092 |
| Price-to-Rent | 18.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +9.5% ▲ |
| 3-Year CAGR | +4.9% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 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 (3.5%). 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 59501
Population: 12,365
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 59501
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What investment strategy works best in Havre, MT?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Havre, MT. The numbers - $241K homes against $1,092/mo rents - support that play.
How much is rent in Havre, MT?
The typical rental in Havre, MT commands about $1,092/mo monthly. That rent profile predictable cash flow against the $241K purchase basis.
How much does a house cost in Havre, MT?
Havre, MT median home values land near $241K. That is reasonable territory for investors looking at $1,092/mo-per-month rentals.
What is the tenant pool like in Havre, MT?
Havre, MT offers a stable renter base at the $1,092/mo rent level. Tenant turnover is reasonable for well-managed properties.
Should investors worry about vacancy in Havre, MT?
Rental vacancy in Havre, MT is elevated. Investors should budget normal turnover but not chronic empty units.
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