Real Estate Investing in Belgrade, Montana (59714)

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

Gallatin County • Population: 23,897 • Data updated: September 2026

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Should you buy in 59714 (Belgrade, MT)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (54/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Belgrade, MT (59714)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $553,661
Avg Monthly Rent $2,344
1% Rule ✗ Does Not Meet
Median Income $84,427
% Renters 30.3%

Market Analysis: 59714 Belgrade

Investors eyeing 59714 need to respect the fundamentals at play. Home values of $554K come alongside slower price movement and elevated management overhead.

For an experienced owner, 59714 can be a a viable market for hunting ground — but the discount at $554K reflects genuine risk that outside investors often underestimate.

The gap between 59714 and stronger Belgrade ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

Who lives in 59714 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

The right play in 59714 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

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 Belgrade:

C Below Average
Buy Confidence Score: 57/100
Affordability
5/25
Appreciation
14/25
Stability
13/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6.6× the median income
Value Trend
Stable (+0.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,344/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
❄️
COOL MARKET
Bozeman, MT Metro Area
More inventory, negotiating room for buyers
62 days
Average time to sell
Slow
8.3%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Bozeman, MT metro data
🏠

Property Strategy for 59714

Which property type performs best in this market?

Best for Cash Flow
3BR
3.9% cap rate
Best for Appreciation
5BR
+7.5% 5yr CAGR
Best Overall Value
5BR
$146,645/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $396,315 $1,550 2.8% +5.2% $396,315
2BR $423,375 $2,030 3.5% +6.1% $211,688
3BR $520,343 $2,820 3.9% +7.1% $173,448
4BR $639,491 $3,330 3.7% +7.3% $159,873
5BR $733,225 +7.5% $146,645

Market Trends

Home Value History (with trend line)

$601K$511K$422K$332K$242K$152KFeb 2009Nov 2017Jul 2026

Rent History (with trend line)

$2,367$2,299$2,231$2,163$2,095$2,027Jan 2024May 2025Jul 2026

📊 How Does 59714 Compare?

Metric 59714 Belgrade Bozeman, MT Montana
Home Value $553,661 $553,661 N/A $457,278
5-Year CAGR 2.8% 2.8% N/A 9.2%
Avg Rent $2,344 $2,344 N/A -
Cap Rate 3.3% 3.3% - -
💡 Why Invest in 59714? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 59714 (Belgrade, MT). Anonymous, moderated, never written by AI.

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Property managers serving Gallatin County

Manage rentals here? List your business →

Best Bozeman Property Management, LLC offers vacation rentals, caretaking, and concierge services in the Bozeman, MT area, including properties near Yellowstone National Park and Bridger Ski Area. summary from their website

Short-term rentals
Unclaimed — is this your business? Claim it free

H3 Property Management offers full-service property management in Bozeman, providing expertise for property owners and helping tenants find rentals. summary from their website

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Real Property Management Bozeman provides property management services in Bozeman, MT. summary from their website

Unclaimed — is this your business? Claim it free

Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
3.3%
Low
5yr Growth
+2.8%
Slow

📉 Market Crash Risk Index

Based on Bozeman, MT metro

4/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
65%
Days Pending
2/2
62 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $553,661
Monthly Rent $2,344
Price-to-Rent 19.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.1%
Cap Rate 3.3%
5-Year IRR 6.1%

📈 Home Appreciation

1-Year +0.5% ▲
3-Year CAGR +1.1% ▲
5-Year CAGR +2.8% ▲
10-Year CAGR +7.9% ▲

🏠 Rent Trends

1-Year +7.2% ▲
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.3%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.3%). 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.

Vacancy
4.5%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+2.8%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 59714

Population: 23,897

💰 Median Household Income
$84,427
This area
$84,427
State
$64,023
USA
$74,580
🏠 Renter Occupied
30.3%
This area
30.3%
State
24.3%
USA
34.0%
💼 Unemployment Rate
1.1%
This area
1.1%
State
-0.5%
USA
3.7%
🎓 College Educated
36.8%
This area
36.8%
State
20.1%
USA
33.7%
👤 Median Age
36.1 years
This area
36.1 years
State
38.3 years
USA
38.9 years
🏚️ Vacancy Rate
4.5%
This area
4.5%
State
26.6%
USA
10.5%
👥 Population by Ethnicity
White 94.3%
Other/Mixed 5.4%
Hispanic/Latino 2.7%
Asian 0.3%
Black/African American 0.1%
👶 Under 18
25.5%
This area
25.5%
USA
22.0%
👴 65 and Over
11.3%
This area
11.3%
USA
17.3%
📊 Poverty Rate
5.8%
This area
5.8%
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

🎓 Schools in 59714

B Avg School Grade
7 Schools
12.4:1 Avg Class Size
$13,592 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Saddle Peak Elementary

📚 Pre-K – 04 Elementary
👥
438 Students
👨‍🏫
14.3:1 Class Size
💰
$12,958 Per Student
B+ Above Average

Story Creek Elem

📚 Pre-K – 04 Elementary
👥
431 Students
👨‍🏫
14.3:1 Class Size
💰
$12,958 Per Student
B+ Above Average

Pass Creek School

📚 Pre-K – 08 School
👥
13 Students
👨‍🏫
5.2:1 Class Size
💰
$15,091 Per Student
B+ Above Average

Springhill School

📚 Pre-K – 08 School
👥
15 Students
👨‍🏫
7.5:1 Class Size
💰
$16,846 Per Student
B Good

Ridge View Elementary

📚 Pre-K – 04 Elementary
👥
454 Students
👨‍🏫
15.1:1 Class Size
💰
$12,958 Per Student
B Good

Belgrade High School

📚 09 – 12 High School
👥
994 Students
👨‍🏫
15.2:1 Class Size
💰
$11,376 Per Student
B Good

Belgrade Middle School

📚 05 – 08 School
👥
980 Students
👨‍🏫
15.4:1 Class Size
💰
$12,958 Per Student
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 much rent can I charge in Belgrade, MT?

Belgrade, MT rentals go for roughly $2,344/mo a month. That puts gross yield in solid territory relative to $554K acquisition costs.

What is the typical home price in Belgrade, MT?

Homes in Belgrade, MT typically sell near $554K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.

What is the typical vacancy rate in Belgrade, MT?

Belgrade, MT vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

How strong is the working-renter base in Belgrade, MT?

The renter base in Belgrade, MT is reasonable for the $2,344/mo price point. Screening well and pricing to market typically yields even-keeled tenants.

Which investment style suits Belgrade, MT?

Investors usually favor careful cash-flow rentals with hands-on management in Belgrade, MT. With home values at $554K and rents near $2,344/mo, other strategies can work but produce stable rather than outsized returns.

You know 59714 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 59714 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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How 59714 ranks in Bozeman, MT

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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