Bozeman, MT Average Rent & Rental Yield
Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.
Average rent in Bozeman, MT
The median asking rent in Bozeman, MT is $2,900 as of July 2026, based on active rental listings across the metro. 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 $586,724, that rent level prices Bozeman, MT at a 5.77% gross rental yield — compared with 6.19% across Montana.
Metro vs state rental signal
The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.
Bozeman, MT rent and rental yield comparison
The current Bozeman, MT baseline is $2,900 median asking rent and 5.77% gross rental yield. Compare rent, yield, and home values with selected Montana metros, then open a public report or Rental Insights for property-level follow-up.
Billings, MT
Billings, MT median asking rent is $1,995, $905 (31.2%) lower than the $2,900 median asking rent in Bozeman, MT.
- Median rent
- $1,995
- Gross yield
- 6.65%
- Avg home value
- $349,521
Kalispell, MT
Kalispell, MT median asking rent is $2,650, $250 (8.6%) lower than the $2,900 median asking rent in Bozeman, MT.
- Median rent
- $2,650
- Gross yield
- 5.43%
- Avg home value
- $578,500
Missoula, MT
Missoula, MT median asking rent is $2,500, $400 (13.8%) lower than the $2,900 median asking rent in Bozeman, MT.
- Median rent
- $2,500
- Gross yield
- 5.88%
- Avg home value
- $505,039
Great Falls, MT
Great Falls, MT median asking rent is $1,990, $910 (31.4%) lower than the $2,900 median asking rent in Bozeman, MT.
- Median rent
- $1,990
- Gross yield
- 7.62%
- Avg home value
- $298,295
Helena, MT
Helena, MT median asking rent is $2,300, $600 (20.7%) lower than the $2,900 median asking rent in Bozeman, MT.
- Median rent
- $2,300
- Gross yield
- 6.39%
- Avg home value
- $445,603
Butte-Silver Bow, MT
Butte-Silver Bow, MT median asking rent is $1,600, $1,300 (44.8%) lower than the $2,900 median asking rent in Bozeman, MT.
- Median rent
- $1,600
- Gross yield
- 8.56%
- Avg home value
- $261,585
Bozeman, MT rent and yield FAQ
Quick answers based on the latest Bozeman, MT rental listing and transaction data.
What is the average rent in Bozeman, MT?
As of July 2026, the median asking rent in Bozeman, MT is $2,900. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.
What is a good rental yield in Bozeman, MT?
Bozeman, MT currently prices at a 5.77% gross rental yield, versus 6.19% across Montana. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.
Move from Bozeman, MT market context to property-level screening
Open Rental Insights with Bozeman, MT selected, then pair the yield signal with investor activity and rental data workflows.