Prairie County, Montana Housing Market
In Prairie County, Montana, the median home value is $165,700, with a median monthly rent of $627. This places Prairie County at #1893 nationally out of 3134 counties by median home value, and #50 within Montana.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $709
- Establishments: 48
- BLS QCEW, 2025
Migration Patterns
- Inflow: 418 (avg $56,830)
- Outflow: 418 (avg $56,830)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Prairie County Compares
| Metric | Prairie County | Montana Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $165,700 | $276,876 | $227,706 |
| Median Gross Rent | $627 | $842 | $968 |
| Owner Occupancy Rate | 83.9% | 73.0% | 73.3% |
| Price/Rent Ratio | 22.0 | 27.2 | 18.7 |
Market Analysis
The median home value in Prairie County is 40.2% below the Montana state average and 27.2% below the U.S. national average. The median rent of $627/month is 25.5% below the state average.
With a price-to-rent ratio of 22.0, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Prairie County has an owner-occupancy rate of 83.9%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Russell County | Alabama | $165,700 | $939 |
| Adair County | Missouri | $165,700 | $772 |
| Pecos County | Texas | $165,700 | $918 |
| Cleburne County | Alabama | $165,600 | $798 |
| Lyman County | South Dakota | $165,800 | $651 |
Other Counties in Montana
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Glacier County | $165,100 | $548 | 63.7% |
| Liberty County | $169,100 | $710 | 63.4% |
| Garfield County | $169,900 | $725 | 72.2% |
| Blaine County | $155,500 | $660 | 65.7% |
| Wheatland County | $180,800 | $730 | 75.5% |
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).