Average Rent in Granite County, MT↑ Rents rising 12.7% YoY🔻 7th cheapest in MT
HUD FY2025 · Official government data · Updated annually · Metro pop. 3,419
Market Overview
Granite County, MT has rental prices ranging from $748/month to $1,627/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $827/month — 41% below the national average of $1,400/month. With a median household income of $54,646/year, spending $827/month on a 1-bedroom represents 18% of gross income — within the recommended 30% threshold.
How Granite County Compares
With an average 2-bedroom rent of $1,020/month, Granite County ranks #51 most expensive of the 57 cities tracked in Montana — pricier than 67% of all US cities in our data.
The Granite County Rental Market
The Granite County, MT area has a population of about 3,419 and 24% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.
Rent Trends
2-bedroom rents in Granite County, MT have risen by $115/month (12.7%) over the past year, from $905 to $1,020. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.
Affordability
To afford a 1-bedroom apartment in Granite County, MT without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $33,080. The local median household income of $54,646 exceeds that threshold by $21,566, making Granite County relatively accessible compared to local wages.
Economy & Jobs
Granite County, MT has an unemployment rate of 4.0%, 0.1 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.
Fair Market Rents
HUD FY2025Is Granite County, MT Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in MTlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Stillwater County | $877 | $928 | $1,218 | $1,705 | — |
| Billings | $1,013 | $1,062 | $1,373 | $1,888 | — |
| Missoula | $1,121 | $1,339 | $1,604 | $2,248 | — |
| Gallatin County | $1,448 | $1,626 | $2,087 | $2,924 | — |
| Flathead County | $1,202 | $1,249 | $1,639 | $2,184 | — |
| Great Falls | $903 | $948 | $1,244 | $1,743 | — |
Rent or Buy in Granite County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Granite County data
Buying breaks even after 4 years — worth it if you stay 4+ years.
Living in Granite County
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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💵Rent Affordability in Granite CountySalary needed to afford rent here
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