Beaverhead County, Montana Housing Market

In Beaverhead County, Montana, the median home value is $308,300, with a median monthly rent of $837. This places Beaverhead County at #582 nationally out of 3134 counties by median home value, and #18 within Montana.

Median Home Value $308,300
Median Rent $837/mo
Owner Occupancy 65.8%
Price/Rent Ratio 30.7

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Beaverhead County rose +8.6% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

3,141
jobs (private sector)
  • Avg weekly wage: $915
  • Establishments: 518
  • BLS QCEW, 2025
🏗️

Housing Supply

42
new units authorized (2025)
  • Single-family: 10
  • Multi-family: 32
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+481
net migration (filers, 2021-2022)
  • Inflow: 4,055 (avg $73,939)
  • Outflow: 3,574 (avg $73,985)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Beaverhead County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 59725 356.9 +10.03% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Beaverhead County Compares

MetricBeaverhead CountyMontana AverageU.S. Average
Median Home Value $308,300 $276,876 $227,706
Median Gross Rent $837 $842 $968
Owner Occupancy Rate 65.8% 73.0% 73.3%
Price/Rent Ratio 30.7 27.2 18.7

Market Analysis

The median home value in Beaverhead County is 11.3% above the Montana state average and 35.4% above the U.S. national average. The median rent of $837/month is 0.6% below the state average.

With a price-to-rent ratio of 30.7, Beaverhead County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Beaverhead County has an owner-occupancy rate of 65.8%, compared to 73.0% in Montana and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
McHenry County Illinois $308,100 $1,401
Johnson County Iowa $308,600 $1,122
Northampton County Pennsylvania $308,600 $1,395
Lumpkin County Georgia $307,900 $1,142
Caroline County Virginia $307,700 $1,293

Other Counties in Montana

CountyMedian Home ValueMedian RentOwner Occ.
Powell County $306,500 $820 72.5%
Lincoln County $296,500 $762 77.6%
Sweet Grass County $330,100 $1,149 79.7%
Yellowstone County $349,500 $1,131 69.6%
Cascade County $265,300 $939 68.5%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).