Real Estate Investing in Conner, Montana (59827)

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

Ravalli County • Population: 277 • Data updated: September 2026

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Should you buy in 59827 (Conner, MT)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (31/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 18.2% of homes vacant — above national norms.
  • High price-to-rent: Price-to-rent ratio 37.8 — 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 Conner, MT (59827)?

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2.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $538,267
Avg Monthly Rent $1,188
1% Rule ✗ Does Not Meet
Median Income $66,250
% Renters 14.9%

Market Analysis: 59827 Conner

Meanwhile, ZIP 59827 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $538K median. It rewards specialists, not generalists.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $538K asset, 59827 is the wrong submarket. If the plan prices in friction, the yield can still work.

In the broader MT picture, 59827 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

The demographic picture in 59827 includes headwinds that any investor should price in. Income distribution skews lower than Conner averages, and tenant stability requires active management.

Strategy in 59827 is an operator game, not a passive one. In practical terms, entry prices of $538K are inviting, the management lift is real and non-optional.

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 Conner:

D Needs Caution
Buy Confidence Score: 48/100
Affordability
0/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 8.1× the median income
Value Trend
Stable (+1.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,188/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.

Market Trends

Home Value History (with trend line)

$622K$533K$444K$355K$266K$177KJan 2013Oct 2019Jul 2026

📊 How Does 59827 Compare?

Metric 59827 Conner Montana
Home Value $538,267 $538,267 $457,278
5-Year CAGR 3.1% 3.1% 9.2%
Avg Rent $1,188 $1,188 -
Cap Rate 1.7% 1.7% -
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 59827 (Conner, MT). Anonymous, moderated, never written by AI.

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Investability
Fair
Cap Rate
1.7%
Low
5yr Growth
+3.1%
Moderate

📊 Market Snapshot

Home Value $538,267
Monthly Rent $1,188
Price-to-Rent 37.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 2.7%
Cap Rate 1.7%
5-Year IRR 4.9%

📈 Home Appreciation

1-Year +1.1% ▲
3-Year CAGR +0.8% ▲
5-Year CAGR +3.1% ▲
10-Year CAGR +7.8% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 1.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.7%). 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
18.2%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+3.1%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 59827

Population: 277

💰 Median Household Income
$66,250
This area
$66,250
State
$64,023
USA
$74,580
🏠 Renter Occupied
14.9%
This area
14.9%
State
24.3%
USA
34.0%
💼 Unemployment Rate
2.1%
This area
2.1%
State
-0.5%
USA
3.7%
🎓 College Educated
32.8%
This area
32.8%
State
20.1%
USA
33.7%
👤 Median Age
70.2 years
This area
70.2 years
State
38.3 years
USA
38.9 years
🏚️ Vacancy Rate
18.2%
This area
18.2%
State
26.6%
USA
10.5%
👥 Population by Ethnicity
White 100.0%
👶 Under 18
1.4%
This area
1.4%
USA
22.0%
👴 65 and Over
67.0%
This area
67.0%
USA
17.3%
📊 Poverty Rate
6.9%
This area
6.9%
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

Frequently Asked Questions

What is the average home sale price in Conner, MT?

Conner, MT median home values land near $538K. That is reasonable territory for investors looking at $1,188/mo-per-month rentals.

What is the best play in Conner, MT?

The best-fit strategy in Conner, MT is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

What do landlords charge for rent in Conner, MT?

The typical rental in Conner, MT commands about $1,188/mo monthly. That rent profile measured cash flow against the $538K purchase basis.

What is it like being a landlord in Conner, MT?

Landlord-friendliness in Conner, MT is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

What is the rental occupancy rate in Conner, MT?

Expect elevated vacancy in Conner, MT. Rents at $1,188/mo are absorbed by the tenant base without meaningful lag.

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