Real Estate Investing in Boulder, Montana (59632)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 59632 (Boulder, 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: 12.4% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 26.4 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Boulder, MT (59632)?
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Market Analysis: 59632 Boulder
The 59632 ZIP in Boulder, MT is a local-operator market. Outside capital chasing a $351K entry has to pair deep knowledge with the discount.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 59632 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
The gap between 59632 and stronger Boulder ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 59632 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 59632 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Boulder:
Property Strategy for 59632
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $329,867 | $1,230 | 2.7% | +11.5% | $164,934 |
| 3BR | $352,372 | $1,720 | 3.5% | +10.0% | $117,457 |
Market Trends
Home Value History (with trend line)
📊 How Does 59632 Compare?
| Metric | 59632 | Boulder | Helena, MT | Montana |
|---|---|---|---|---|
| Home Value | $351,211 | $351,211 | N/A | $457,278 |
| 5-Year CAGR | 6.9% | 6.9% | N/A | 9.2% |
| Avg Rent | $1,107 | $1,107 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
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 59632 (Boulder, MT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $351,211 |
| Monthly Rent | $1,107 |
| Price-to-Rent | 26.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 9.4% |
📈 Home Appreciation
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +8.6% ▲ |
🏠 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 (2.5%). 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 59632
Population: 2,535
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 59632
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
How should investors approach Boulder, MT?
Investors usually favor careful cash-flow rentals with hands-on management in Boulder, MT. With home values at $351K and rents near $1,107/mo, other strategies can work but produce reliable rather than outsized returns.
How strong is tenant demand in Boulder, MT?
Expect a solid tenant pool in Boulder, MT. The rental market absorbs $1,107/mo rents without meaningful friction.
Is Boulder in MT worth investing in?
Boulder, MT rates 3.0/5 for investability. With median values at $351K and rents near $1,107/mo, the market offers reasonable fundamentals for rental investors.
How tight is the rental market in Boulder, MT?
Vacancy in Boulder, MT is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,107/mo.
Is MT a landlord-friendly state?
MT ranks as a landlord-friendly state for landlord-tenant law. Boulder generally follows the statewide framework, so landlords face reasonable operating rules.
You know 59632 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 59632 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.
How 59632 ranks in Helena, MT
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