Real Estate Investing in Eureka, Montana (59917)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 59917 (Eureka, 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: 16.5% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 33.8 — 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 Eureka, MT (59917)?
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Market Analysis: 59917 Eureka
ZIP 59917 in Eureka, MT carries a robust set of headwinds. Home values near $541K and rents of $1,332/mo sit inside a market where underwriting has to be tight.
Stepping back, the numbers look inviting — $541K purchase price, 0.0% nominal cap — the work to hit that pro forma in 59917 is substantial and deserves full respect.
Within MT, ZIP 59917 trails on several market indicators that neighboring Lincoln County submarkets outperform. The gap is real and notable enough to shape underwriting.
A robust renter share of 20% in 59917 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategy in 59917 is an operator game, not a passive one. On the rental side, entry prices of $541K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Eureka:
Property Strategy for 59917
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $401,988 | $1,340 | 2.4% | +13.1% | $401,988 |
| 2BR | $455,042 | $1,480 | 2.3% | +13.1% | $227,521 |
| 3BR | $564,989 | $2,040 | 2.6% | +13.1% | $188,330 |
| 4BR | $676,198 | $2,480 | 2.6% | +12.1% | $169,049 |
| 5BR | $843,321 | — | — | +10.3% | $168,664 |
Market Trends
Home Value History (with trend line)
📊 How Does 59917 Compare?
| Metric | 59917 | Eureka | Montana |
|---|---|---|---|
| Home Value | $540,978 | $520,917 | $457,278 |
| 5-Year CAGR | 7.6% | 7.4% | 9.2% |
| Avg Rent | $1,332 | $1,391 | - |
| Cap Rate | 1.9% | 2.1% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 59917 (Eureka, MT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $540,978 |
| Monthly Rent | $1,332 |
| Price-to-Rent | 33.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.0% |
| Cap Rate | 1.9% |
| 5-Year IRR | 9.6% |
📈 Home Appreciation
| 1-Year | +5.6% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +7.6% ▲ |
| 10-Year CAGR | +9.6% ▲ |
🏠 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 (1.9%). 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 59917
Population: 5,086
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 59917
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
Are there empty rentals in Eureka, MT?
Eureka, MT vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How strong are rents in Eureka, MT?
Average rent in Eureka, MT is approximately $1,332/mo per month. Against $541K home values that yields a reasonable rent-to-price ratio.
What is the median home value in Eureka, MT?
Homes in Eureka, MT typically sell near $541K. Prices have moved at a 0.0% 5-year CAGR, which even-keeled long-term demand.
What type of investing works in Eureka, MT?
The best-fit strategy in Eureka, MT is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Is real estate in Eureka, MT a good investment right now?
With a 3.0/5 investability score, Eureka, MT ranks as a solid market for rental property investors. Median prices of $541K and rents of $1,332/mo drive the underlying numbers.
You know 59917 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 59917 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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