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What to Know About

Living in Montana

Montana is renowned for its breathtaking landscapes and diverse wildlife. Get ready to embark on an adventure and explore the natural beauty of Yellowstone National Park, Grand Teton National Park, Glacier National Park, Flathead Lake, and the Beartooth Mountains, which will leave you mesmerized. Discover Montana's rich history at museums like the Montana Historical Society Museum and the C.M. Russell Museum, providing a glimpse into the state's cultural heritage, or further your education at major universities like Montana State University, the University of Montana, and Rocky Mountain College, offering many academic opportunities.

Montana's economy thrives, powered by agriculture, mining, and tourism, making it a hub of opportunity. As a result, the state offers endless opportunities for outdoor recreation, from skiing and snowboarding at Big Sky and Whitefish to fishing, hiking, and camping in the summer. Explore famous attractions like the Lewis and Clark Trail, the Little Bighorn Battlefield National Monument, and the Museum of the Rockies, each providing a unique glimpse into Montana's history and culture.

With its picturesque landscapes and thriving economy, Montana is an ideal place for those who relish outdoor adventures and a distinct western lifestyle, making it a great place to call home.

Rental Market Trends

Montana

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As of October 2026, Montana's rental market is competitive, with rentals spending about 28 days on the market, faster than in the U.S. (33), and rents up 1.4% over the past year. Montana's average rent is 7.6% ($159) lower than the U.S. average of $2,082.

Average Rent
$1,923
Monthly ChangeMonth Over Month Change
Decreased0.25% ($5)
Yearly ChangeYear Over Year Change
Increased1.4% ($27)
Days on Market
28
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,535 Decreased0.46% ($7) Increased0.7% ($10)
2 Beds $1,809 Decreased0.12% ($2) Increased2.4% ($43)
3 Beds $2,372 Decreased0.21% ($5) Increased0.4% ($10)
Top Markets in Montana Average Rent Avg. Rent vs. MTAverage Rent vs. Montana Days on Market
Billings $1,576 Decreased18.0% ($347) 25 days
Bozeman $2,379 Increased23.7% ($456) 37 days
Missoula $1,771 Decreased7.9% ($152) 31 days
Helena $1,835 Decreased4.6% ($88) 25 days
Kalispell $1,881 Decreased2.2% ($42) 27 days
Based on rentals advertised on RentalSource in Montana.
Frequently Asked Questions
Montana Rental Market FAQs

Explore rental prices, market conditions, and affordability in Montana.

The average rent in Montana is $1,923 per month.
In Montana, the average rent is $1,535 per month for a 1-bedroom home, $1,809 for a 2-bedroom home and $2,372 for a 3-bedroom home.
The average rent in Montana is 7.6% ($159) lower than the national average of $2,082 per month.
The rental market in Montana is currently competitive, with rentals spending about 28 days on the market, faster than in the U.S. (33), and rents up 1.4% over the past year.
Based on the current averages, a household would need an annual income of $72,400 to comfortably afford a 2-bedroom home in Montana.
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