Custer County, Montana Housing Market
In Custer County, Montana, the median home value is $219,100, with a median monthly rent of $893. This places Custer County at #1200 nationally out of 3134 counties by median home value, and #32 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: $957
- Establishments: 505
- BLS QCEW, 2025
Housing Supply
- Single-family: 1
- Multi-family: 3
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 4,827 (avg $66,299)
- Outflow: 4,371 (avg $61,193)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Custer County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 59301 | 376.7 | +0.87% | 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 Custer County Compares
| Metric | Custer County | Montana Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $219,100 | $276,876 | $227,706 |
| Median Gross Rent | $893 | $842 | $968 |
| Owner Occupancy Rate | 69.9% | 73.0% | 73.3% |
| Price/Rent Ratio | 20.4 | 27.2 | 18.7 |
Market Analysis
The median home value in Custer County is 20.9% below the Montana state average and 3.8% below the U.S. national average. The median rent of $893/month is 6.1% above the state average.
With a price-to-rent ratio of 20.4, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Custer County has an owner-occupancy rate of 69.9%, 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 |
|---|---|---|---|
| Maries County | Missouri | $219,100 | $590 |
| Davidson County | North Carolina | $219,100 | $901 |
| Hendry County | Florida | $219,200 | $1,003 |
| Hampshire County | West Virginia | $219,200 | $720 |
| Putnam County | Indiana | $218,900 | $884 |
Other Counties in Montana
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Toole County | $218,400 | $826 | 63.1% |
| Golden Valley County | $212,200 | $783 | 81.1% |
| McCone County | $211,600 | $556 | 89.8% |
| Treasure County | $230,300 | $850 | 68.3% |
| Chouteau County | $207,800 | $536 | 68.2% |
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).