Real Estate Investing in Three Forks, Montana (59760)

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

Gallatin County • Population: 205 • Data updated: September 2026

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Should you buy in 59760 (Three Forks, MT)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (47/100)

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
2 flags
  • Elevated vacancy: 11.6% vacancy may signal weakening demand.
  • High price-to-rent: Price-to-rent ratio 25.5 — hard to cash-flow at these prices.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Three Forks, MT (59760)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $518,072
Avg Monthly Rent $1,692
1% Rule ✗ Does Not Meet
Median Income $62,917
% Renters 25.4%

Market Analysis: 59760 Three Forks

Not every below-median market is a bargain. Three Forks's 59760 ZIP shows signals that favor experienced operators who can absorb the risk $518K pricing implies.

Rent of $1,692/mo on a $518K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 59760 sits below the stated 0.0% once reality is priced in.

Meanwhile, 59760 offers a low basis, the region around Three Forks has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

Who lives in 59760 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

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 Three Forks:

C Below Average
Buy Confidence Score: 54/100
Affordability
0/25
Appreciation
22/25
Stability
7/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 8.2× the median income
Value Trend
Rising (+7.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,692/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

Market Trends

Home Value History (with trend line)

$554K$477K$399K$321K$244K$166KJan 2016May 2021Jul 2026

📊 How Does 59760 Compare?

Metric 59760 Three Forks Bozeman, MT Montana
Home Value $518,072 $538,392 N/A $457,278
5-Year CAGR 5.6% 4.8% N/A 9.2%
Avg Rent $1,692 $1,710 N/A -
Cap Rate 2.6% 2.5% - -
💡 Why Invest in 59760? Click to expand

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

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 59760 (Three Forks, 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
2.6%
Low
5yr Growth
+5.6%
Moderate

📉 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 $518,072
Monthly Rent $1,692
Price-to-Rent 25.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.9%
Cap Rate 2.6%
5-Year IRR 8.2%

📈 Home Appreciation

1-Year +7.2% ▲
3-Year CAGR +3.5% ▲
5-Year CAGR +5.6% ▲
10-Year CAGR +10.1% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). 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
11.6%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.6%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 59760

Population: 205

💰 Median Household Income
$62,917
This area
$62,917
State
$64,023
USA
$74,580
🏠 Renter Occupied
25.4%
This area
25.4%
State
24.3%
USA
34.0%
💼 Unemployment Rate
1.0%
This area
1.0%
State
-0.5%
USA
3.7%
🎓 College Educated
16.3%
This area
16.3%
State
20.1%
USA
33.7%
👤 Median Age
43.4 years
This area
43.4 years
State
38.3 years
USA
38.9 years
🏚️ Vacancy Rate
11.6%
This area
11.6%
State
26.6%
USA
10.5%
👥 Population by Ethnicity
White 97.6%
Other/Mixed 2.4%
Hispanic/Latino 0.8%
👶 Under 18
23.8%
This area
23.8%
USA
22.0%
👴 65 and Over
20.2%
This area
20.2%
USA
17.3%
📊 Poverty Rate
13.6%
This area
13.6%
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 59760

B+ Avg School Grade
3 Schools
5.0:1 Avg Class Size
$26,121 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Willow Creek High School

📚 09 – 12 High School
👥
7 Students
👨‍🏫
2.3:1 Class Size
💰
$46,364 Per Student
B+ Above Average

Willow Creek 7-8

📚 07 – 08 Middle
👥
12 Students
👨‍🏫
6.9:1 Class Size
💰
$16,000 Per Student
B+ Above Average

Willow Creek School

📚 Pre-K – 06 School
👥
34 Students
👨‍🏫
5.8:1 Class Size
💰
$16,000 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

What is the investability score for Three Forks, MT?

With a 3.0/5 investability score, Three Forks, MT ranks as a solid market for rental property investors. Median prices of $518K and rents of $1,692/mo drive the underlying numbers.

Is rental property easy to operate in Three Forks, MT?

MT law landlord-friendly for landlords, and Three Forks inherits those rules. Investors should still review local ordinances for rental licensing.

Do landlords face vacancy issues in Three Forks, MT?

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

Can I house hack in Three Forks, MT?

House hacking in Three Forks, MT is a challenging. With home values around $518K and rents at $1,692/mo, owner-occupants can offset a meaningful share of PITI.

Which real estate strategy fits Three Forks, MT?

For Three Forks, MT, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

You know 59760 now. You don’t know where it ranks.

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How 59760 ranks in Bozeman, MT

Every ZIP in this metro, ranked. Free.

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