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Montana

Build-to-Rent Market Profile

69%
Build 2 Rent Score
C+
Grade
#11
National Rank
Tier 2
Growth
Market Metrics
Income Growth
6%
higher is better · Bureau of Labor Statistics (BLS), QCEW
Population Growth
3.8%
higher is better · U.S. Census Bureau, ACS 5-Year Estimates
Rent Growth
6.4%
higher is better · Zillow Observed Rent Index (ZORI)
Job Growth
—
higher is better · Bureau of Labor Statistics, Current Employment Statistics
Vacancy Rate
5%
lower is better · U.S. Census Bureau, Housing Vacancy Survey
Crime Rate
280
lower is better · FBI Uniform Crime Reporting (UCR) Program
Building Permits
310
higher is better · U.S. Census Bureau, Building Permits Survey
Land Cost
$58k
lower is better · Zillow ZHVI, 2-BR Tier
Property Taxes
—
lower is better · Tax Foundation, State & Local Property Tax
Insurance Cost
—
lower is better · NAIC / Insurify Insurance Cost Index
Landlord Friendliness
—
higher is better · Rentometer Landlord-Friendly Index
Home Appreciation
—
higher is better · FHFA House Price Index

Growth Profile

Moderate Growth
Population3.8%
Income6%
Rent6.4%
Jobs—

Risk Profile

Elevated Risk
Vacancy5%
Crime280
Insurance—

Regulation & Cost

Strategy: Value-Add
Property Tax—
Landlord Friendliness—
Land Cost (2BR)$58k
Top Cities in Montana

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