housing costs · Montana
Housing costs in Petroleum 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 | $800 | ± $227 | evidence → |
| 2019–2023 | $769 | ± $251 | evidence → |
| 2018–2022 | $713 | ± $234 | evidence → |
| 2017–2021 | $531 | ± $85 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $201,400 | ± $49,436 | evidence → |
| 2019–2023 | $173,700 | ± $42,054 | evidence → |
| 2018–2022 | $152,600 | ± $51,344 | evidence → |
| 2017–2021 | $119,000 | ± $33,661 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 19.2 % | ± 16.6 % | evidence → |
| 2019–2023 | 19.2 % | ± 16.7 % | evidence → |
| 2018–2022 | 25.3 % | ± 16.5 % | evidence → |
| 2017–2021 | 26.9 % | ± 8.5 % | evidence → |
In context
Median rent in Petroleum County is $800, below 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.