Real Estate Investing in Florence, Montana (59833)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 59833 (Florence, MT)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.1% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 38.7 — 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 Florence, MT (59833)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 59833 Florence
Turning to rents, ZIP 59833 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $660K median. It rewards specialists, not generalists.
The 59833 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
ZIP 59833's metrics run below Ravalli County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
On the rental side, 6,046 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.
looks 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.
Here's what matters if you're considering buying a home in Florence:
Property Strategy for 59833
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $536,263 | $1,580 | 2.1% | +9.2% | $268,132 |
| 3BR | $626,325 | $2,200 | 2.5% | +9.8% | $208,775 |
| 4BR | $729,111 | $2,650 | 2.6% | +9.6% | $182,278 |
| 5BR | $868,867 | — | — | +9.4% | $173,773 |
Market Trends
Home Value History (with trend line)
📊 How Does 59833 Compare?
| Metric | 59833 | Florence | Missoula, MT | Montana |
|---|---|---|---|---|
| Home Value | $660,235 | $660,235 | N/A | $457,278 |
| 5-Year CAGR | 4.6% | 4.6% | N/A | 9.2% |
| Avg Rent | $1,422 | $1,422 | N/A | - |
| Cap Rate | 1.7% | 1.7% | - | - |
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 59833 (Florence, MT). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 59833 (Florence, MT)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $660,235 |
| Monthly Rent | $1,422 |
| Price-to-Rent | 38.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.6% |
| Cap Rate | 1.7% |
| 5-Year IRR | 6.3% |
📈 Home Appreciation
| 1-Year | +2.8% ▲ |
| 3-Year CAGR | +2.3% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +8.3% ▲ |
🏠 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 (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.
Demographics in 59833
Population: 6,046
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 59833
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.
Frequently Asked Questions
Is housing expensive in Florence, MT?
Florence, MT home values average about $660K. That price point suits investors targeting rentals with $1,422/mo in monthly income.
Is Florence, MT suited for a house hack?
The a challenging house-hack environment in Florence, MT reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
What is the typical vacancy rate in Florence, MT?
Occupancy in Florence, MT runs predictable with elevated vacancy. Well-priced units at $1,422/mo lease on reasonable timelines.
What do landlords charge for rent in Florence, MT?
Rent in Florence, MT is around $1,422/mo. The resulting rent-to-value relationship with $660K pricing is reasonable for most investor models.
Are renters plentiful in Florence, MT?
Florence, MT draws a reliable base of working renters. Demand at the $1,422/mo rent level is reasonable for standard single-family and small multi rentals.
You know 59833 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 59833 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.
How 59833 ranks in Missoula, MT
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 59833 (Florence)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 59833 (Florence, MT).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.