Best Places to Invest in Montana Real Estate
83 Montana markets ranked from our sold history and per-listing investment modeling. Tap a city for its cap rate, cash flow and price detail — then sign up to see the actual cash-flowing listings.
| City | Median price | Cap rate | Cash flow/mo | Appreciation YoY | Sold (12mo) |
|---|---|---|---|---|---|
| Billings | $379,000 | 3.0% | $-1,147 | +1.1% | 2,040 |
| Missoula | $525,000 | 1.6% | $-2,210 | -0.9% | 1,063 |
| Bozeman | $712,500 | 2.1% | $-2,656 | +0.8% | 936 |
| Great Falls | $330,000 | 3.5% | $-835 | +3.4% | 919 |
| Kalispell | $520,000 | 2.1% | $-1,913 | +1.6% | 648 |
| Butte-Silver Bow (balance) | $284,000 | 2.9% | $-895 | +10.2% | 545 |
| Belgrade | $559,995 | 2.4% | $-2,071 | +1.0% | 476 |
| Helena | $425,000 | 2.6% | $-1,405 | +4.0% | 467 |
| Whitefish | $999,000 | 0.4% | $-6,362 | +2.4% | 438 |
| Bigfork | $749,000 | 0.4% | $-4,920 | +6.8% | 259 |
| Big Sky | $2,200,000 | -0.7% | $-17,148 | -2.8% | 241 |
| Hamilton | $459,500 | 2.2% | $-1,928 | +1.0% | 220 |
| Stevensville | $574,450 | 1.3% | $-3,004 | +0.9% | 196 |
| Laurel | $345,000 | 2.8% | $-1,099 | +1.1% | 189 |
| Evergreen | $471,950 | 2.1% | $-1,785 | +3.5% | 182 |
| Livingston | $515,000 | 2.9% | $-1,448 | -4.4% | 155 |
| Four Corners | $944,000 | 1.5% | $-4,552 | -2.0% | 154 |
| Columbia Falls | $550,000 | 1.4% | $-2,634 | +0.3% | 148 |
| Anaconda-Deer Lodge County | $275,000 | 2.6% | $-1,220 | -5.8% | 145 |
| Helena Valley Southeast | $459,900 | 2.3% | $-1,792 | -0.4% | 135 |
| Lockwood | $349,900 | 1.7% | $-1,656 | +0.6% | 127 |
| Red Lodge | $523,147 | 0.2% | $-3,045 | +0.8% | 122 |
| Ennis | $355,000 | 0.2% | $-3,655 | +5.6% | 119 |
| Polson | $372,450 | 1.7% | $-2,132 | -12.5% | 114 |
| Libby | $310,000 | 2.4% | $-1,185 | -13.9% | 109 |
| Dillon | $369,000 | 2.4% | $-1,420 | -10.3% | 108 |
| Helena Valley West Central | $469,900 | 2.7% | $-1,560 | +0.0% | 107 |
| Helena Flats | $757,500 | 0.9% | $-4,483 | +0.5% | 106 |
| Helena Valley Northeast | $644,350 | 1.7% | $-2,899 | +1.9% | 88 |
| Columbus | $340,000 | 1.8% | $-1,631 | -6.0% | 85 |
| Corvallis | $665,000 | 0.7% | $-4,406 | -1.0% | 85 |
| East Helena | $462,450 | 2.8% | $-1,268 | +0.7% | 84 |
| Lolo | $542,000 | 0.8% | $-3,783 | -6.5% | 84 |
| Lakeside | $800,000 | 0.3% | $-5,051 | +23.9% | 83 |
| Townsend | $382,000 | 2.1% | $-1,945 | -22.5% | 83 |
| Helena Valley Northwest | $499,900 | 2.5% | $-1,685 | +4.7% | 79 |
| Wye | $599,990 | 1.5% | $-2,371 | +4.2% | 77 |
| Florence | $600,000 | 0.7% | $-3,876 | -13.7% | 65 |
| Carlton | $615,000 | 0.8% | $-4,074 | -7.2% | 65 |
| Seeley Lake | $525,000 | 1.1% | $-3,126 | -13.8% | 63 |
| Wheatland | $585,000 | 2.3% | $-2,044 | -8.7% | 61 |
| Orchard Homes | $680,000 | 0.9% | $-4,438 | -1.0% | 59 |
| Thompson Falls | $340,500 | 1.0% | $-2,519 | -9.3% | 58 |
| Eureka | $349,000 | 1.4% | $-2,289 | +17.3% | 57 |
| Manhattan | $650,000 | 1.6% | $-3,449 | +2.3% | 51 |
| King Arthur Park | $854,450 | 2.8% | $-2,145 | -1.6% | 50 |
| Montana City | $599,000 | 0.9% | $-3,334 | -2.9% | 49 |
| Marion | $469,500 | 0.4% | $-4,877 | +35.5% | 47 |
| Frenchtown | $519,500 | 1.4% | $-3,189 | -2.9% | 46 |
| Deer Lodge | $297,000 | 2.5% | $-1,021 | +7.6% | 46 |
| Whitehall | $367,450 | 1.5% | $-2,207 | -20.2% | 44 |
| Spokane Creek | $774,000 | 1.2% | $-4,280 | +6.1% | 44 |
| Philipsburg | $325,000 | 1.2% | $-2,072 | -23.9% | 44 |
| Shepherd | $450,000 | 2.9% | $-1,478 | +11.1% | 43 |
| Batavia | $640,000 | 1.1% | $-4,664 | +0.1% | 43 |
| Roundup | $197,900 | 4.1% | $-459 | -8.8% | 43 |
| Lincoln | $410,000 | 1.1% | $-2,005 | +17.2% | 42 |
| Shelby | $175,750 | 4.4% | $-368 | +0.9% | 42 |
| Victor | $495,000 | 0.6% | $-3,473 | +0.8% | 41 |
| Trout Creek | $442,500 | 0.4% | $-4,374 | -18.7% | 40 |
| Hardin | $192,000 | 3.6% | $-530 | +7.4% | 39 |
| Helena West Side | $365,000 | 2.1% | $-2,177 | -17.1% | 39 |
| Rexford | $484,000 | 0.6% | $-3,443 | +11.9% | 39 |
| The Silos | $422,500 | 1.8% | $-2,102 | +6.2% | 38 |
| Alberton | $478,000 | 0.9% | $-2,705 | +6.0% | 38 |
| Choteau | $292,000 | 2.9% | $-974 | -9.0% | 38 |
| Sheridan | $400,000 | 0.9% | $-3,126 | +5.6% | 38 |
| Troy | $420,000 | 1.0% | $-2,288 | -1.6% | 37 |
| Ulm | $509,500 | 1.5% | $-3,189 | -4.0% | 36 |
| Klein | $439,500 | 1.6% | $-2,302 | +9.6% | 36 |
| Bridger | $637,000 | 0.7% | $-6,243 | -26.1% | 36 |
| Indian Springs | $322,500 | 1.2% | $-2,733 | -2.5% | 36 |
| Gallatin Gateway | $1,422,500 | 0.5% | $-10,354 | -0.2% | 36 |
| Clinton | $495,000 | 1.4% | $-2,864 | +2.1% | 35 |
| Cut Bank | $150,000 | 5.0% | $-217 | -9.5% | 35 |
| Ronan | $389,950 | 3.5% | $-788 | +2.4% | 34 |
| Somers | $691,000 | 0.8% | $-3,942 | +3.5% | 34 |
| Darby | $349,750 | 0.7% | $-3,141 | +12.4% | 34 |
| Clancy | $484,900 | 1.2% | $-3,254 | -1.9% | 33 |
| Absarokee | $354,950 | 2.0% | $-1,562 | -1.5% | 32 |
| Conrad | $209,500 | 3.2% | $-787 | +9.6% | 32 |
| Rhodes | $699,000 | 0.3% | $-8,682 | -15.8% | 31 |
| Kila | $597,000 | 0.7% | $-4,156 | -23.5% | 30 |
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