Average Rent in Powder River County, MT↑ Rents rising 9.8% YoY🔻 5th cheapest in MT
HUD FY2025 · Official government data · Updated annually · Metro pop. 1,762
Market Overview
Powder River County, MT has rental prices ranging from $729/month to $1,586/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $764/month — 45% below the national average of $1,400/month. With a median household income of $68,009/year, spending $764/month on a 1-bedroom represents 13% of gross income — within the recommended 30% threshold.
How Powder River County Compares
With an average 2-bedroom rent of $994/month, Powder River County ranks #53 most expensive of the 57 cities tracked in Montana — pricier than 63% of all US cities in our data.
The Powder River County Rental Market
The Powder River County, MT area has a population of about 1,762 and 22% 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 Powder River County, MT have risen by $89/month (9.8%) over the past year, from $905 to $994. 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 Powder River County, MT without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $30,560. The local median household income of $68,009 exceeds that threshold by $37,449, making Powder River County relatively accessible compared to local wages.
Economy & Jobs
Powder River County, MT has an unemployment rate of 1.7%, 2.2 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 Powder River 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 Powder River County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Powder River County data
Buying breaks even after 4 years — worth it if you stay 4+ years.
Living in Powder River 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 Powder River CountySalary needed to afford rent here
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📋MT Tenant RightsDeposit limits, eviction laws & renters protections