Chouteau County, Montana Housing Market
In Chouteau County, Montana, the median home value is $207,800, with a median monthly rent of $536. This places Chouteau County at #1325 nationally out of 3134 counties by median home value, and #36 within Montana.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $963
- Establishments: 192
- BLS QCEW, 2025
Housing Supply
- Single-family: 18
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 1,995 (avg $61,008)
- Outflow: 1,858 (avg $62,322)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Chouteau County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 59442 | 316.4 | — | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Chouteau County Compares
| Metric | Chouteau County | Montana Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $207,800 | $276,876 | $227,706 |
| Median Gross Rent | $536 | $842 | $968 |
| Owner Occupancy Rate | 68.2% | 73.0% | 73.3% |
| Price/Rent Ratio | 32.3 | 27.2 | 18.7 |
Market Analysis
The median home value in Chouteau County is 24.9% below the Montana state average and 8.7% below the U.S. national average. The median rent of $536/month is 36.3% below the state average.
With a price-to-rent ratio of 32.3, Chouteau 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.
Chouteau County has an owner-occupancy rate of 68.2%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Peach County | Georgia | $207,800 | $940 |
| Meade County | Kentucky | $207,900 | $1,026 |
| Trigg County | Kentucky | $207,700 | $803 |
| Todd County | Minnesota | $207,700 | $908 |
| Appomattox County | Virginia | $207,600 | $855 |
Other Counties in Montana
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Pondera County | $206,100 | $784 | 67.7% |
| McCone County | $211,600 | $556 | 89.8% |
| Golden Valley County | $212,200 | $783 | 81.1% |
| Hill County | $202,600 | $776 | 66.1% |
| Petroleum County | $201,400 | $800 | 72.9% |
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).