Deer Lodge County, Montana Housing Market
In Deer Lodge County, Montana, the median home value is $231,700, with a median monthly rent of $696. This places Deer Lodge County at #1061 nationally out of 3134 counties by median home value, and #30 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: $1,115
- Establishments: 320
- BLS QCEW, 2025
Housing Supply
- Single-family: 22
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 3,852 (avg $65,245)
- Outflow: 3,523 (avg $64,608)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Deer Lodge County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 59711 | 399.0 | +3.23% | 2025 |
| 2 | 59701 | 371.0 | +3.30% | 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 Deer Lodge County Compares
| Metric | Deer Lodge County | Montana Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $231,700 | $276,876 | $227,706 |
| Median Gross Rent | $696 | $842 | $968 |
| Owner Occupancy Rate | 73.0% | 73.0% | 73.3% |
| Price/Rent Ratio | 27.7 | 27.2 | 18.7 |
Market Analysis
The median home value in Deer Lodge County is 16.3% below the Montana state average and 1.8% above the U.S. national average. The median rent of $696/month is 17.3% below the state average.
With a price-to-rent ratio of 27.7, Deer Lodge 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.
Deer Lodge County has an owner-occupancy rate of 73.0%, 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 |
|---|---|---|---|
| Perquimans County | North Carolina | $231,700 | $1,008 |
| Oglethorpe County | Georgia | $231,600 | $913 |
| Lee County | Georgia | $231,800 | $1,184 |
| Craven County | North Carolina | $231,600 | $1,110 |
| King and Queen County | Virginia | $231,600 | $1,004 |
Other Counties in Montana
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Treasure County | $230,300 | $850 | 68.3% |
| Musselshell County | $235,000 | $1,138 | 85.1% |
| Fergus County | $236,100 | $954 | 63.4% |
| Judith Basin County | $238,300 | $495 | 72.7% |
| Custer County | $219,100 | $893 | 69.9% |
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).