Meagher County, Montana Housing Market

In Meagher County, Montana, the median home value is $259,800, with a median monthly rent of $1,263. This places Meagher County at #838 nationally out of 3134 counties by median home value, and #24 within Montana.

Median Home Value $259,800
Median Rent $1,263/mo
Owner Occupancy 75.4%
Price/Rent Ratio 17.1

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

💼

Employment & Wages

583
jobs (private sector)
  • Avg weekly wage: $862
  • Establishments: 120
  • BLS QCEW, 2025
🚚

Migration Patterns

+101
net migration (filers, 2021-2022)
  • Inflow: 874 (avg $55,724)
  • Outflow: 773 (avg $55,334)
  • IRS Statistics of Income

How Meagher County Compares

MetricMeagher CountyMontana AverageU.S. Average
Median Home Value $259,800 $276,876 $227,706
Median Gross Rent $1,263 $842 $968
Owner Occupancy Rate 75.4% 73.0% 73.3%
Price/Rent Ratio 17.1 27.2 18.7

Market Analysis

The median home value in Meagher County is 6.2% below the Montana state average and 14.1% above the U.S. national average. The median rent of $1,263/month is 50.0% above the state average.

With a price-to-rent ratio of 17.1, the buy-vs-rent decision in Meagher County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Meagher County has an owner-occupancy rate of 75.4%, compared to 73.0% in Montana and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Guilford County North Carolina $259,900 $1,163
Clinton County Michigan $259,500 $1,092
Hamilton County New York $260,200 $912
Winneshiek County Iowa $259,200 $861
Warren County Missouri $260,400 $995

Other Counties in Montana

CountyMedian Home ValueMedian RentOwner Occ.
Richland County $263,000 $917 67.1%
Teton County $264,000 $730 75.5%
Silver Bow County $255,200 $863 70.8%
Cascade County $265,300 $939 68.5%
Fallon County $244,800 $779 69.4%

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).