Montana

Ranked #35 of 51 for housing affordability

40Moderate

Median Home Price

🏠

$450K

7.9x income

Median Rent

🔑

$1K

30.5% rent-burdened

Median Income

💰

$57K

Population: 1,122,867

Homeownership

🏡

68.0%

1,825 experiencing homelessness

Housing Shortage

📉

18,000

units needed

Building Permits (2024)

🔨

6,500

Price-to-Income

📊

7.9x

Severe Rent Burden

⚠️

13.5%

paying >50% of income

Rent Burden Breakdown

vs. National Average

Housing Policies

Montana Housing zoning reformADU legalizationSB 382 missing middle