Is Choteau, MT a good place to invest in rental property?

Choteau, MT has a median modeled monthly cash flow of $-974 and a median cap rate of 2.9%, on a median sold price of $292,000. Prices changed -9.0% year over year.

What is the average cap rate in Choteau, MT?

The median cap rate across recently sold homes in Choteau, MT is 2.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Choteau, MT?

The median sold price in Choteau, MT is $292,000 (about $166 per square foot).

Investing in Choteau, MT Real Estate

A data-driven snapshot of the Choteau, MT rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$292,000Median sold price

$166Median $/sqft

2.9%Median cap rate

$-974Modeled cash flow / mo

-9.0%Appreciation YoY

8.5Months of supply

27Active listings

38Sold (last 12 mo)

What the Choteau numbers say

In Choteau, MT, the median home sold for $292,000 (about $166 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-974 of monthly cash flow. Sold prices moved -9.0% over the past year. Inventory sits at about 8.5 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Montana markets to compare

See Choteau cash-flowing listings

CashFlowRE ranks every for-sale home in Choteau, MT by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Choteau deals, or browse the national market data.