Average Rent in Montana
Rental market overview for Montana, powered by HUD and Census data.
Median Rent
$826
Median Income
$61,491
Rent Burden
27.7%
Avg FMR (2BR)
N/A
Affordability
Montana: 27.7% rent burden, near the 30% affordability threshold.
Affordability Map: Income vs Rent in Montana
Each dot is a city, sized by population. The diagonal line is the 30% rent to income threshold. Cities above the line tend to be unaffordable for median earners.
How Montana Compares to the National Average
Median Rent
Rent Burden
Vacancy Rate
Montana Rental Market Overview
Montana has approximately 493 cities with rental data tracked by StayRentals. Roughly 26.3% of housing units in the state are renter-occupied. The state's median rent is approximately $826, which is 40% lower than the national median of $1,365. (Source: Census ACS)
The average Montana renter spends approximately 27.7% of their income on rent, compared to the national average of approximately 30.3%. This suggests the state is generally in line with or more affordable than national averages. (Source: Census ACS)
With a rental vacancy rate of approximately 20.7%, the Montana rental market may offer renters more options and negotiating power. (Source: Census ACS)
Rent Burden Distribution Across Montana Cities
29% of cities in Montana have a rent burden at or above 30% of household income.
Most and Least Affordable Cities
Most Affordable Cities
Most affordable cities (lowest rent burden):
Most expensive cities (highest rent burden):
HUD Fair Market Rent by Bedroom
HUD Fair Market Rent data is reported at the county level for this state. See city pages for local FMR data.
Population vs Median Rent in Montana
In Montana, larger cities tend to have higher rents than smaller towns.
Renting in Montana: What to Know
Renter protections and landlord-tenant laws vary by state and municipality within Montana. Most states require landlords to provide advance notice before raising rent on month-to-month leases, though the specific notice period varies. Some municipalities within Montana may have additional local tenant protections.
Housing laws change frequently. For advice specific to your situation, consult a local tenant rights organization, legal aid society, or attorney. StayRentals does not provide legal advice.
Montana Rental Market Trends
Rent trends for Montana are tracked through the Bureau of Labor Statistics Consumer Price Index for shelter costs. Nationally, rent costs have generally increased over the past decade, though the rate of increase varies by metro area and time period.
Detailed monthly rent CPI data is available for major metropolitan areas. Visit our homepage for the national rent CPI trend chart, or explore individual city pages for local context. (Source: BLS Consumer Price Index)
Cities in Montana
493 cities with rental data, sorted by population.
Showing top 50 of 493 by population
| City | Population | Median Rent | Rent Burden | FMR (2BR) |
|---|---|---|---|---|
| Billings | 117,093 | $1,064 | 28.8% | N/A |
| Missoula | 74,627 | $1,064 | 29.9% | N/A |
| Great Falls | 60,373 | $828 | 28.6% | N/A |
| Bozeman | 53,500 | $1,447 | 30.6% | N/A |
| Butte-Silver Bow (balance) | 34,638 | $786 | 28.4% | N/A |
| Helena | 32,529 | $969 | 26.3% | N/A |
| Kalispell | 25,473 | $952 | 33.0% | N/A |
| Belgrade | 10,941 | $1,206 | 24.5% | N/A |
| Anaconda-Deer Lodge County | 9,435 | $650 | 30.6% | N/A |
| Helena Valley Southeast | 9,374 | $1,213 | 38.7% | N/A |
| Havre | 9,332 | $815 | 28.2% | N/A |
| Evergreen | 8,514 | $1,160 | 24.0% | N/A |
| Livingston | 8,489 | $933 | 29.7% | N/A |
| Miles City | 8,432 | $899 | 24.8% | N/A |
| Helena Valley West Central | 8,206 | $1,223 | 24.0% | N/A |
| Whitefish | 8,098 | $1,254 | 32.0% | N/A |
| Lockwood | 7,393 | $1,062 | 28.5% | N/A |
| Laurel | 7,181 | $907 | 26.3% | N/A |
| Sidney | 6,257 | $836 | 24.8% | N/A |
| Lewistown | 5,988 | $818 | 25.0% | N/A |
| Four Corners | 5,631 | $1,148 | 16.8% | N/A |
| Columbia Falls | 5,435 | $949 | 32.8% | N/A |
| Orchard Homes | 5,265 | $944 | 24.2% | N/A |
| Polson | 5,218 | $877 | 30.1% | N/A |
| Helena Valley Northwest | 5,143 | $1,613 | 16.8% | N/A |
| Bigfork | 4,953 | $1,256 | 30.3% | N/A |
| Glendive | 4,861 | $798 | 24.8% | N/A |
| Hamilton | 4,806 | $816 | 27.7% | N/A |
| Lolo | 4,573 | $884 | 26.6% | N/A |
| Malmstrom AFB | 4,281 | $1,171 | 22.5% | N/A |
| Helena Valley Northeast | 4,245 | $1,550 | 14.0% | N/A |
| Dillon | 3,958 | $919 | 40.3% | N/A |
| Hardin | 3,803 | $731 | 22.6% | N/A |
| Glasgow | 3,208 | $704 | 23.8% | N/A |
| Cut Bank | 3,061 | $819 | 28.2% | N/A |
| Shelby | 3,058 | $720 | 25.1% | N/A |
| Deer Lodge | 3,030 | $768 | 24.9% | N/A |
| North Browning | 3,001 | $548 | 19.4% | N/A |
| Libby | 2,857 | $614 | 28.5% | N/A |
| Big Sky | 2,825 | $1,570 | 28.5% | N/A |
| Lakeside | 2,564 | $1,130 | 35.3% | N/A |
| Colstrip | 2,327 | $638 | 12.3% | N/A |
| Red Lodge | 2,321 | $886 | 34.1% | N/A |
| Townsend | 2,176 | $862 | 22.6% | N/A |
| Malta | 2,121 | $549 | 23.6% | N/A |
| East Missoula | 2,105 | $1,108 | 27.1% | N/A |
| Lame Deer | 2,064 | $572 | 18.3% | N/A |
| Stevensville | 2,038 | $886 | 29.5% | N/A |
| King Arthur Park | 2,033 | $1,832 | 36.7% | N/A |
| Manhattan | 1,986 | $1,689 | 38.9% | N/A |
Data Sources
**Data Sources:**
Data is updated periodically. Census ACS data reflects 5-year estimates. HUD Fair Market Rents are updated annually. BLS rent CPI is updated monthly.
StayRentals is not a real estate agent, landlord, or property manager. This content is for educational and informational purposes only. Rent estimates are based on government data and may not reflect current market conditions. Housing laws vary by state and municipality. Consult a local tenant rights organization or attorney for advice specific to your situation.
Sources: U.S. Department of Housing and Urban Development (HUD) Fair Market Rents, U.S. Census Bureau American Community Survey (ACS) 5-Year Estimates, Bureau of Labor Statistics (BLS) Consumer Price Index.
Data vintage: HUD FMR FY 2025, Census ACS 2019–2023 5-Year Estimates, BLS CPI updated monthly. Government data may lag 1–2 years behind current market conditions.