Best Places to Invest in Montana Real Estate
79 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 | $380,000 | 3.0% | $-1,108 | +2.2% | 2,012 |
| Missoula | $525,000 | 1.9% | $-2,064 | -1.6% | 1,117 |
| Bozeman | $729,000 | 2.0% | $-2,674 | +0.5% | 1,057 |
| Great Falls | $344,950 | 4.1% | $-637 | +1.6% | 1,012 |
| Kalispell | $555,000 | 2.1% | $-2,112 | +0.9% | 887 |
| Helena | $439,900 | 2.7% | $-1,426 | -0.6% | 527 |
| Butte-Silver Bow (balance) | $294,000 | 3.2% | $-810 | +6.1% | 504 |
| Whitefish | $1,022,000 | 0.8% | $-5,833 | +4.6% | 482 |
| Belgrade | $549,900 | 2.8% | $-1,770 | +0.2% | 416 |
| Hamilton | $495,000 | 1.8% | $-1,929 | +1.9% | 276 |
| Big Sky | $1,999,000 | -0.6% | $-17,808 | -6.8% | 236 |
| Columbia Falls | $595,700 | 1.4% | $-3,170 | -1.0% | 208 |
| $212,250 | 0.7% | $-1,878 | +41.8% | 206 | |
| Bigfork | $700,000 | 0.4% | $-4,653 | +1.5% | 205 |
| Stevensville | $575,000 | 1.4% | $-2,777 | +0.1% | 194 |
| Livingston | $527,000 | 2.5% | $-1,721 | -1.0% | 172 |
| Laurel | $345,000 | 3.0% | $-945 | +3.4% | 161 |
| Polson | $401,650 | 1.7% | $-2,348 | -8.1% | 158 |
| Evergreen | $439,000 | 2.6% | $-1,369 | -3.3% | 141 |
| Anaconda-Deer Lodge County | $275,000 | 3.6% | $-716 | +0.3% | 134 |
| Four Corners | $959,500 | 1.2% | $-4,666 | -1.9% | 134 |
| Ennis | $495,000 | 0.2% | $-3,864 | -8.6% | 118 |
| Red Lodge | $523,147 | 0.3% | $-3,079 | +0.3% | 114 |
| Helena Valley Southeast | $449,900 | 2.6% | $-1,453 | -10.1% | 113 |
| Libby | $315,000 | 2.2% | $-1,361 | -17.6% | 111 |
| Dillon | $380,000 | 2.2% | $-1,364 | +2.0% | 106 |
| Eureka | $389,500 | 1.0% | $-2,779 | +28.6% | 105 |
| Helena Valley West Central | $498,000 | 2.9% | $-1,393 | +3.2% | 103 |
| East Helena | $474,900 | 2.7% | $-1,351 | +4.4% | 100 |
| Corvallis | $675,000 | 1.2% | $-3,442 | -2.4% | 91 |
| Florence | $629,000 | 1.1% | $-3,449 | +0.9% | 91 |
| Townsend | $409,500 | 2.3% | $-1,892 | +2.3% | 88 |
| Lakeside | $747,500 | 0.4% | $-4,703 | +3.7% | 82 |
| Lockwood | $309,950 | 2.3% | $-717 | +6.8% | 78 |
| Roundup | $249,000 | 2.5% | $-1,042 | +15.9% | 73 |
| Columbus | $352,000 | 1.4% | $-1,977 | -5.1% | 72 |
| Helena Valley Northwest | $512,450 | 2.6% | $-1,567 | -2.5% | 70 |
| Lolo | $539,250 | 2.1% | $-2,278 | +4.7% | 70 |
| Helena Valley Northeast | $632,000 | 1.9% | $-2,619 | -10.9% | 68 |
| Manhattan | $685,000 | 1.5% | $-3,677 | +8.5% | 66 |
| Thompson Falls | $365,000 | 1.1% | $-2,364 | +8.8% | 65 |
| Seeley Lake | $534,000 | 1.3% | $-2,502 | +8.4% | 62 |
| Cascade | $279,000 | 1.6% | $-1,756 | +2.8% | 59 |
| Deer Lodge | $290,000 | 2.1% | $-1,337 | +9.0% | 58 |
| Wheatland | $574,450 | 2.2% | $-2,157 | -9.8% | 56 |
| Shepherd | $392,450 | 2.5% | $-1,371 | +6.4% | 52 |
| Wye | $584,142 | 1.8% | $-2,082 | -1.5% | 52 |
| Victor | $505,000 | 0.5% | $-4,075 | -3.0% | 51 |
| Montana City | $685,000 | 1.2% | $-2,965 | +0.2% | 50 |
| Whitehall | $333,500 | 1.4% | $-2,295 | -2.5% | 50 |
| Frenchtown | $599,900 | 1.8% | $-2,820 | -2.4% | 49 |
| Orchard Homes | $715,000 | 1.8% | $-2,668 | +0.3% | 47 |
| Choteau | $305,000 | 2.3% | $-1,318 | +9.9% | 47 |
| Troy | $345,000 | 1.0% | $-2,347 | -4.6% | 45 |
| Philipsburg | $327,500 | 0.8% | $-2,859 | +8.8% | 42 |
| Somers | $582,000 | 0.9% | $-3,794 | -1.5% | 40 |
| Hardin | $216,500 | 4.0% | $-410 | +10.4% | 40 |
| Darby | $354,950 | 0.6% | $-3,280 | -11.5% | 40 |
| Ronan | $377,450 | 2.4% | $-1,347 | -19.5% | 38 |
| Ponderosa Pines | $99,000 | 2.5% | $-1,783 | -18.8% | 38 |
| Shelby | $151,000 | 4.8% | $-264 | -0.9% | 38 |
| Alberton | $459,750 | 0.8% | $-2,643 | +3.5% | 38 |
| Lincoln | $399,000 | 1.2% | $-1,897 | +3.5% | 37 |
| White Sulphur Springs | $462,000 | 1.3% | $-1,876 | +22.4% | 36 |
| Clancy | $555,000 | 1.2% | $-3,031 | +3.0% | 36 |
| Clinton | $497,000 | 1.3% | $-2,620 | +23.7% | 36 |
| Kila | $549,000 | 0.6% | $-4,158 | -5.2% | 36 |
| Sheridan | $445,000 | 0.9% | $-3,044 | +4.8% | 35 |
| Rexford | $445,000 | 1.6% | $-1,974 | -10.7% | 35 |
| Boulder | $229,000 | 2.6% | $-1,100 | -14.3% | 35 |
| Big Timber | $489,000 | 1.5% | $-1,787 | +7.3% | 33 |
| Marion | $470,000 | 0.6% | $-3,123 | +11.6% | 33 |
| Three Forks | $447,500 | 2.7% | $-1,576 | +3.7% | 32 |
| Cut Bank | $167,500 | 6.0% | $-41 | -3.2% | 32 |
| Trout Creek | $450,000 | 0.5% | $-3,995 | -0.7% | 31 |
| Conrad | $235,000 | 3.9% | $-547 | -2.8% | 31 |
| Roberts | $217,500 | 1.3% | $-1,825 | +29.5% | 30 |
| Superior | $373,750 | 1.4% | $-2,305 | +13.7% | 30 |
| King Arthur Park | $757,400 | 3.0% | $-1,709 | +3.4% | 30 |
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