Real Estate Investing in Big Sky, Montana (59716)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 59716 (Big Sky, MT)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 69.6% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 75.8 — 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 Big Sky, MT (59716)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 59716 Big Sky
On the rental side, ZIP 59716 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $1.9M median. It rewards specialists, not generalists.
Rent of $2,079/mo on a $1.9M basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 59716 sits below the stated 0.0% once reality is priced in.
In the broader MT picture, 59716 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Turning to rents, 1,867 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Distressed ZIPs reward experience. resilient returns are possible in 59716, 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 Big Sky:
Property Strategy for 59716
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $804,603 | $2,310 | 2.1% | +6.4% | $402,302 |
| 3BR | $1,450,490 | $3,200 | 1.6% | +9.5% | $483,497 |
| 4BR | $2,876,907 | $3,810 | 1.0% | +9.8% | $719,227 |
| 5BR | $6,796,580 | — | — | +11.1% | $1,359,316 |
Market Trends
Home Value History (with trend line)
📊 How Does 59716 Compare?
| Metric | 59716 | Big Sky | Bozeman, MT | Montana |
|---|---|---|---|---|
| Home Value | $1,889,991 | $1,889,991 | N/A | $457,278 |
| 5-Year CAGR | 4.5% | 4.5% | N/A | 9.2% |
| Avg Rent | $2,079 | $2,079 | N/A | - |
| Cap Rate | 0.9% | 0.9% | - | - |
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 59716 (Big Sky, 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 | $1,889,991 |
| Monthly Rent | $2,079 |
| Price-to-Rent | 75.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 1.3% |
| Cap Rate | 0.9% |
| 5-Year IRR | 5.4% |
📈 Home Appreciation
| 1-Year | +3.1% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +4.5% ▲ |
| 10-Year CAGR | +9.8% ▲ |
🏠 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 (0.9%). 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 59716
Population: 1,867
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
Frequently Asked Questions
Is housing expensive in Big Sky, MT?
Homes in Big Sky, MT typically sell near $1.9M. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.
Is Big Sky, MT landlord-friendly?
Rental owners in Big Sky, MT deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
How strong is tenant demand in Big Sky, MT?
Tenant demand in Big Sky, MT is solid. The local workforce $2,079/mo rents across most rental classes.
Is Big Sky, MT a good market for FHA house hackers?
The a tougher house-hack environment in Big Sky, MT reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Is Big Sky, MT a smart market for rental property?
Our data puts Big Sky, MT at 3.0/5 for investability. Home prices of $1.9M and rents around $2,079/mo create a solid backdrop for investor activity.
You know 59716 now. You don’t know where it ranks.
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How 59716 ranks in Bozeman, MT
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