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Montana Home Values and Rents
The median home value in Montana is $375,800, 18th highest among states. Prices changed +2.8% in the year through Q2 2026.
- Typical home value
- $467,275
- 18th of 51 states
- Median rent
- $1,081/mo
- ACS 2020-2024
- Price change, 1 year
- +2.8%
- 26th fastest of 51
- Homeownership
- 69.2%
- Owner-occupied homes
Montana home prices since 2000
FHFA purchase-only House Price Index, seasonally adjusted (1991 = 100)
Show as a table
| Period | Montana |
|---|---|
| Q2 2026 | 742 |
| Q4 2025 | 725 |
| Q4 2024 | 735 |
| Q4 2023 | 682 |
| Q4 2022 | 656 |
| Q4 2021 | 594 |
| Q4 2020 | 479 |
| Q4 2019 | 416 |
| Q4 2018 | 390 |
| Q4 2017 | 372 |
| Q4 2016 | 357 |
| Q4 2015 | 335 |
| Q4 2014 | 323 |
| Q4 2013 | 311 |
| Q4 2012 | 298 |
Over five years, Montana home prices changed +40.6%, compared with +29.9% for the U.S.
Source: Federal Housing Finance Agency ยท Last updated 07/01/2026
Home values by county
Zillow typical home value; price changes from FHFA annual county index
Swipe the table sideways to see more columns.
| # | County | Typical value | Median rent | 1-year | 5-year |
|---|---|---|---|---|---|
| 1 | Madison County | $752,502 | $1,000 | -6.4% | +69.3% |
| 2 | Gallatin County | $697,762 | $1,694 | +0.1% | +64.7% |
| 3 | Flathead County | $646,152 | $1,142 | +2.0% | +77.1% |
| 4 | Park County | $602,767 | $976 | +0.9% | +69.5% |
| 5 | Ravalli County | $598,423 | $1,054 | +1.7% | +76.2% |
| 6 | Lake County | $595,594 | $901 | +3.5% | +76.6% |
| 7 | Missoula County | $569,820 | $1,190 | +1.7% | +68.6% |
| 8 | Broadwater County | $524,149 | $955 | -0.4% | +67.7% |
| 9 | Jefferson County | $520,701 | $925 | +6.4% | +73.6% |
| 10 | Carbon County | $504,796 | $844 | +0.4% | +62.4% |
| 11 | Stillwater County | $487,371 | $961 | -6.8% | +47.6% |
| 12 | Sweet Grass County | $481,714 | $1,149 | +16.2% | +58.8% |
| 13 | Lewis and Clark County | $466,454 | $1,102 | +5.2% | +68.7% |
| 14 | Granite County | $462,296 | $675 | -1.7% | +65.7% |
| 15 | Sanders County | $459,525 | $820 | +8.0% | +72.2% |
| 16 | Lincoln County | $423,372 | $762 | +11.6% | +79.1% |
| 17 | Yellowstone County | $401,522 | $1,131 | +1.2% | +47.7% |
| 18 | Beaverhead County | $394,409 | $837 | +8.6% | +64.8% |
| 19 | Mineral County | $391,935 | $801 | +8.9% | +66.8% |
| 20 | Teton County | $356,563 | $730 | +7.2% | +80.0% |
| 21 | Cascade County | $339,981 | $939 | +2.9% | +64.2% |
| 22 | Powell County | $333,071 | $820 | +11.9% | +99.8% |
| 23 | Meagher County | $309,452 | $1,263 | +7.8% | +88.7% |
| 24 | Garfield County | $298,632 | $725 | - | - |
| 25 | Judith Basin County | $296,563 | $495 | - | - |
| 26 | Chouteau County | $294,526 | $536 | - | +70.5% |
| 27 | Deer Lodge County | $294,344 | $696 | +1.8% | +103.8% |
| 28 | Fergus County | $286,543 | $954 | +0.1% | +77.2% |
| 29 | Silver Bow County | $286,274 | $863 | +3.9% | +71.4% |
| 30 | Richland County | $282,058 | $917 | +7.3% | +26.0% |
| 31 | Powder River County | $278,081 | $533 | - | - |
| 32 | Pondera County | $262,193 | $784 | -0.1% | +61.7% |
| 33 | Custer County | $247,629 | $893 | +0.9% | +50.2% |
| 34 | McCone County | $243,541 | $556 | - | - |
| 35 | Musselshell County | $236,271 | $1,138 | +4.4% | +52.3% |
| 36 | Hill County | $227,989 | $776 | +7.9% | +40.2% |
| 37 | Rosebud County | $227,615 | $672 | +8.8% | +71.1% |
| 38 | Treasure County | $225,549 | $850 | - | - |
| 39 | Golden Valley County | $220,718 | $783 | - | - |
| 40 | Big Horn County | $218,323 | $697 | - | +48.8% |
| 41 | Blaine County | $214,696 | $660 | - | - |
| 42 | Phillips County | $212,750 | $536 | +9.1% | +46.9% |
| 43 | Wibaux County | $210,481 | $963 | - | - |
| 44 | Liberty County | $205,277 | $710 | - | - |
| 45 | Dawson County | $199,650 | $815 | -1.1% | +24.1% |
| 46 | Valley County | $193,649 | $767 | -7.4% | +30.3% |
| 47 | Fallon County | $191,717 | $779 | +3.5% | +15.5% |
| 48 | Petroleum County | $189,964 | $800 | - | - |
| 49 | Wheatland County | $182,100 | $730 | - | - |
| 50 | Toole County | $179,923 | $826 | +0.3% | +40.1% |
| 51 | Sheridan County | $175,449 | $746 | - | +44.8% |
| 52 | Daniels County | $164,716 | $581 | - | - |
| 53 | Glacier County | $161,975 | $548 | -2.0% | +86.7% |
| 54 | Carter County | $160,312 | $824 | - | - |
| 55 | Roosevelt County | $145,987 | $705 | -5.1% | +38.8% |
| 56 | Prairie County | $126,753 | $627 | - | - |
Most expensive cities in Montana
Cities and towns with 10,000+ residents, by typical home value
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Most affordable cities in Montana
Cities and towns with 10,000+ residents, lowest home values first
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Frequently asked questions
- What is the median home value in Montana?
- The median value of owner-occupied homes in Montana is $375,800, according to the American Community Survey 2020-2024 5-year estimates. That ranks 18th highest among the states and D.C.
- Are home prices going up in Montana?
- Home prices in Montana changed +2.8% over the year through Q2 2026 and +40.6% over five years, according to the FHFA House Price Index.
- What is the most expensive city in Montana?
- Among cities and towns with at least 10,000 residents, Bozeman has the highest typical home value at $721,678, followed by Missoula ($563,970) and Kalispell ($556,201).
- Where are homes most affordable in Montana?
- Butte has the lowest typical home value among cities with 10,000+ residents at $286,353, followed by Great Falls ($337,936) and Billings ($401,071).
- What is the average rent in Montana?
- The median gross rent in Montana is $1,081 a month, including utilities paid by the renter (ACS 2020-2024). About 31% of households rent.