Real Estate Investing in Thompson Falls, Montana (59873)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 59873 (Thompson Falls, 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.
- High vacancy: 24.9% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 42.5 — 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 Thompson Falls, MT (59873)?
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Market Analysis: 59873 Thompson Falls
ZIP 59873 in Thompson Falls, MT carries a substantial set of headwinds. Home values near $450K and rents of $882/mo sit inside a market where underwriting has to be tight.
For an experienced owner, 59873 can be a a strong candidate for hunting ground — but the discount at $450K reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 59873 among MT's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Who lives in 59873 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategy in 59873 is an operator game, not a passive one. Turning to rents, entry prices of $450K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Thompson Falls:
Property Strategy for 59873
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $286,165 | $800 | 2.0% | +11.4% | $286,165 |
| 2BR | $369,817 | $980 | 1.9% | +12.0% | $184,908 |
| 3BR | $462,392 | $1,250 | 1.9% | +11.7% | $154,131 |
| 4BR | $499,646 | $1,640 | 2.4% | +12.3% | $124,911 |
Market Trends
Home Value History (with trend line)
📊 How Does 59873 Compare?
| Metric | 59873 | Thompson Falls | Montana |
|---|---|---|---|
| Home Value | $450,197 | $450,197 | $457,278 |
| 5-Year CAGR | 9.4% | 9.4% | 9.2% |
| Avg Rent | $882 | $882 | - |
| Cap Rate | 1.5% | 1.5% | - |
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 59873 (Thompson Falls, MT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $450,197 |
| Monthly Rent | $882 |
| Price-to-Rent | 42.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.4% |
| Cap Rate | 1.5% |
| 5-Year IRR | 11.0% |
📈 Home Appreciation
| 1-Year | +16.7% ▲ |
| 3-Year CAGR | +7.5% ▲ |
| 5-Year CAGR | +9.4% ▲ |
| 10-Year CAGR | +10.1% ▲ |
🏠 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 (1.5%). 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 59873
Population: 2,983
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 59873
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
How does Thompson Falls, MT stack up for property investment?
Our data puts Thompson Falls, MT at 3.0/5 for investability. Home prices of $450K and rents around $882/mo create a solid backdrop for investor activity.
What monthly rent should investors expect in Thompson Falls, MT?
Investors in Thompson Falls, MT typically see rents near $882/mo per month against $450K home values - a solid setup for rental cash flow.
What is the typical vacancy rate in Thompson Falls, MT?
Vacancy in Thompson Falls, MT is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $882/mo.
Are homes affordable in Thompson Falls, MT?
Median home price in Thompson Falls, MT is near $450K, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.
How do experienced investors play Thompson Falls, MT?
Investors usually favor careful cash-flow rentals with hands-on management in Thompson Falls, MT. With home values at $450K and rents near $882/mo, other strategies can work but produce even-keeled rather than outsized returns.
You know 59873 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 59873 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.
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