Billings, MT
N/A transactions last 30d
6.65%
gross yield
$1,995
Median rent
$349,521
Avg home value
N/A
30d transactions
Market data updated Jul 1, 2026
Montana Average Rent & Rental Yield
Screen Montana rental return signals with average asking rent (median), gross rental yield, home value, and transaction activity. Use this page as a market-level starting point before underwriting individual properties, operators, or borrower prospects.
6.19%
Gross Rental Yield
$2,300
Median Rent
$442,900
Avg Home Value
N/A
Transactions (30d)
Average rent in Montana
The median asking rent in Montana is $2,300 as of July 2026, based on active rental listings statewide. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $442,900, that rent level prices Montana at a 6.19% gross rental yield. Rent and yield vary widely by metro — use the metro breakdown below to compare individual Montana markets.
Rental yield snapshot for Montana
Gross rental yield is a first-pass market screen. It does not include taxes, insurance, repairs, vacancies, financing, or property-level operating differences. Pair it with observed transaction activity before choosing where to prospect.
N/A
Median Sale Price
N/A
Active Listings
N/A
Avg Days on Market
N/A
Months of Supply
N/A
Price Reduced
Jul 1, 2026
Market Data Date
Metro market heatmap
Featured metros combine the largest Montana markets by transaction activity with the highest gross-yield markets, so both demand centers and return outliers stay visible in one screen.
Montana metro market heatmap
Each metro tile shows rent, value, transaction context, and a direct path into the Rental Insights workflow.
Under 5.5%5.5% to <6.5%6.5% to <7.5%7.5%+
Bozeman, MT
N/A transactions last 30d
5.77%
gross yield
$2,900
Median rent
$586,724
Avg home value
N/A
30d transactions
Kalispell, MT
N/A transactions last 30d
5.43%
gross yield
$2,650
Median rent
$578,500
Avg home value
N/A
30d transactions
Missoula, MT
N/A transactions last 30d
5.88%
gross yield
$2,500
Median rent
$505,039
Avg home value
N/A
30d transactions
Great Falls, MT
N/A transactions last 30d
7.62%
gross yield
$1,990
Median rent
$298,295
Avg home value
N/A
30d transactions
Helena, MT
N/A transactions last 30d
6.39%
gross yield
$2,300
Median rent
$445,603
Avg home value
N/A
30d transactions
Butte-Silver Bow, MT
N/A transactions last 30d
8.56%
gross yield
$1,600
Median rent
$261,585
Avg home value
N/A
30d transactions
Metro
Gross Yield
Median Rent
Avg Home Value
30d Transactions
Billings, MT
MT
6.65%
$1,995
$349,521
N/A
Bozeman, MT
MT
5.77%
$2,900
$586,724
N/A
Kalispell, MT
MT
5.43%
$2,650
$578,500
N/A
Missoula, MT
MT
5.88%
$2,500
$505,039
N/A
Great Falls, MT
MT
7.62%
$1,990
$298,295
N/A
Helena, MT
MT
6.39%
$2,300
$445,603
N/A
Butte-Silver Bow, MT
MT
8.56%
$1,600
$261,585
N/A
All Montana rental markets
Average rent and rental yield reports for every covered Montana metro (7 markets).
- Billings, MT6.65% yield
- Bozeman, MT5.77% yield
- Butte-Silver Bow, MT8.56% yield
- Great Falls, MT7.62% yield
- Helena, MT6.39% yield
- Kalispell, MT5.43% yield
- Missoula, MT5.88% yield
Turn Montana rental signals into a target list
Use yield context to prioritize a market, then move into rental listings, active investors, borrower prospects, or a custom data pull for your team.