Real Estate Investing in Bozeman, Montana (59715)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 59715 (Bozeman, MT)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Elevated vacancy: 8.8% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 35.7 — hard to cash-flow at these prices.
What’s happening in Bozeman, MT (59715)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 59715 Bozeman
The 59715 ZIP covers a section of Bozeman that demands careful diligence. Prices near $878K look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 59715 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 59715's metrics run below Gallatin County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Resident income in 59715 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. durable returns are possible in 59715, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Bozeman:
Property Strategy for 59715
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $501,118 | $1,470 | 2.1% | +3.0% | $501,118 |
| 2BR | $625,220 | $1,920 | 2.2% | +6.2% | $312,610 |
| 3BR | $826,849 | $2,670 | 2.3% | +7.2% | $275,616 |
| 4BR | $1,022,627 | $3,150 | 2.2% | +8.1% | $255,657 |
| 5BR | $1,150,588 | — | — | +8.6% | $230,118 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 59715 Compare?
| Metric | 59715 | Bozeman | Bozeman, MT | Montana |
|---|---|---|---|---|
| Home Value | $877,501 | $305,034 | N/A | $457,278 |
| 5-Year CAGR | 2.8% | 2.6% | N/A | 9.2% |
| Avg Rent | $2,047 | $2,138 | N/A | - |
| Cap Rate | 1.8% | 2.3% | - | - |
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 59715 (Bozeman, 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
H3 Property Management offers full-service property management in Bozeman, providing expertise for property owners and helping tenants find rentals. summary from their website
Real Property Management Bozeman provides property management services in Bozeman, MT. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $877,501 |
| Monthly Rent | $2,047 |
| Price-to-Rent | 35.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.8% |
| Cap Rate | 1.8% |
| 5-Year IRR | 4.6% |
📈 Home Appreciation
| 1-Year | +2.3% ▲ |
| 3-Year CAGR | +2.0% ▲ |
| 5-Year CAGR | +2.8% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 Rent Trends
| 1-Year | -4.4% ▼ |
| 3-Year CAGR | -0.8% ▼ |
| 5-Year CAGR | +3.6% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.8%). 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 59715
Population: 39,275
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 59715
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
Investor Insight: With 1,034 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the investability score for Bozeman, MT?
With a 2.0/5 investability score, Bozeman, MT ranks as a solid market for rental property investors. Median prices of $878K and rents of $2,047/mo drive the underlying numbers.
Are tenants stable in Bozeman, MT?
The tenant pool in Bozeman, MT is solid, supported by local employment and population fundamentals. Rents of $2,047/mo are well-absorbed by the market.
What monthly rent should investors expect in Bozeman, MT?
Bozeman, MT rentals go for roughly $2,047/mo a month. That puts gross yield in solid territory relative to $878K acquisition costs.
Do landlords face vacancy issues in Bozeman, MT?
Bozeman, MT vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What is the typical home price in Bozeman, MT?
The median home value in Bozeman, MT is roughly $878K. That puts it reasonable relative to the MT statewide average.
You know 59715 now. You don’t know where it ranks.
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How 59715 ranks in Bozeman, MT
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