Average Rent in Park County, MT↑ Rents rising 47.3% YoY🔺 7th priciest in MT
HUD FY2025 · Official government data · Updated annually · Metro pop. 17,484
Market Overview
Park County, MT has rental prices ranging from $1,066/month to $2,611/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,306/month — 7% below the national average of $1,400/month. With a median household income of $66,607/year, spending $1,306/month on a 1-bedroom represents 24% of gross income — within the recommended 30% threshold.
How Park County Compares
With an average 2-bedroom rent of $1,555/month, Park County ranks #7 most expensive of the 57 cities tracked in Montana — pricier than 93% of all US cities in our data.
The Park County Rental Market
The Park County, MT area has a population of about 17,484 and 30% of households renting rather than owning. That is close to the US average renter share of ~34%.
Rent Trends
2-bedroom rents in Park County, MT have risen by $499/month (47.3%) over the past year, from $1,056 to $1,555. 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 Park County, MT without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $52,240. The local median household income of $66,607 exceeds that threshold by $14,367, making Park County relatively accessible compared to local wages.
Economy & Jobs
Park County, MT has an unemployment rate of 1.8%, 2.1 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.
Fair Market Rents
HUD FY2025Is Park 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 Park County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Park County data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Living in Park 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 Park CountySalary needed to afford rent here
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