Musselshell County, Montana Housing Market

In Musselshell County, Montana, the median home value is $235,000, with a median monthly rent of $1,138. This places Musselshell County at #1034 nationally out of 3134 counties by median home value, and #29 within Montana.

Median Home Value $235,000
Median Rent $1,138/mo
Owner Occupancy 85.1%
Price/Rent Ratio 17.2

📈 Price Trend (2017 → 2024)

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

📍 Economic Snapshot

💼

Employment & Wages

1,021
jobs (private sector)
  • Avg weekly wage: $1,275
  • Establishments: 168
  • BLS QCEW, 2025
🏗️

Housing Supply

7
new units authorized (2025)
  • Single-family: 3
  • Multi-family: 4
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+284
net migration (filers, 2021-2022)
  • Inflow: 2,018 (avg $67,446)
  • Outflow: 1,734 (avg $62,496)
  • IRS Statistics of Income

How Musselshell County Compares

MetricMusselshell CountyMontana AverageU.S. Average
Median Home Value $235,000 $276,876 $227,706
Median Gross Rent $1,138 $842 $968
Owner Occupancy Rate 85.1% 73.0% 73.3%
Price/Rent Ratio 17.2 27.2 18.7

Market Analysis

The median home value in Musselshell County is 15.1% below the Montana state average and 3.2% above the U.S. national average. The median rent of $1,138/month is 35.2% above the state average.

With a price-to-rent ratio of 17.2, the buy-vs-rent decision in Musselshell County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Musselshell County has an owner-occupancy rate of 85.1%, 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
Wagoner County Oklahoma $234,800 $1,068
Garrett County Maryland $235,300 $765
Winona County Minnesota $235,400 $907
Pasquotank County North Carolina $234,600 $1,170
Lexington County South Carolina $234,500 $1,178

Other Counties in Montana

CountyMedian Home ValueMedian RentOwner Occ.
Fergus County $236,100 $954 63.4%
Judith Basin County $238,300 $495 72.7%
Deer Lodge County $231,700 $696 73.0%
Treasure County $230,300 $850 68.3%
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).