housing costs · Montana
Housing costs in Gallatin County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $1,694 | ± $60 | evidence → |
| 2019–2023 | $1,574 | ± $57 | evidence → |
| 2018–2022 | $1,405 | ± $61 | evidence → |
| 2017–2021 | $1,212 | ± $42 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $667,600 | ± $15,234 | evidence → |
| 2019–2023 | $604,900 | ± $15,083 | evidence → |
| 2018–2022 | $526,700 | ± $19,427 | evidence → |
| 2017–2021 | $435,400 | ± $13,653 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 29.1 % | ± 1.4 % | evidence → |
| 2019–2023 | 29.4 % | ± 1.4 % | evidence → |
| 2018–2022 | 28.4 % | ± 1.5 % | evidence → |
| 2017–2021 | 28.3 % | ± 1.4 % | evidence → |
In context
Median rent in Gallatin County is $1,694, above the Montana median of $818 across 56 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.