RentData

Average Rent in Powell County, MT Rents rising 21.3% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 7,029

Data review: HUD FY2025Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Powell County, MT has rental prices ranging from $806/month to $1,752/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $844/month — 40% below the national average of $1,400/month. With a median household income of $63,432/year, spending $844/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.

How Powell County Compares

With an average 2-bedroom rent of $1,098/month, Powell County ranks #45 most expensive of the 57 cities tracked in Montana — pricier than 75% of all US cities in our data.

The Powell County Rental Market

The Powell County, MT area has a population of about 7,029 and 31% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Powell County, MT have risen by $193/month (21.3%) over the past year, from $905 to $1,098. 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 Powell County, MT without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $33,760. The local median household income of $63,432 exceeds that threshold by $29,672, making Powell County relatively accessible compared to local wages.

Economy & Jobs

Powell County, MT has an unemployment rate of 3.1%, 0.8 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 FY2025
Studio
$806
Affordable
1 Bedroom
$844
Affordable
2 Bedrooms
$1,098
21.3% YoY
Affordable
3 Bedrooms
$1,539
Affordable
4 Bedrooms
$1,752
Average
🔔
Get Rent Alerts
Be notified when rents change in Powell County

Is Powell County, MT Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$43,920/year
Local median income: $63,432
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $1,098/month and 20% down on a home at 7% rate.

Nearby Cities in MTlargest metros in the state

CityStudio1BR2BR3BRHome 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 Powell County?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Powell County data

$
Home Value
$350,000
2BR Rent
$1,098/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 2 years — worth it if you stay 2+ years.

Total monthly buy cost: $2,577/movs rent: $1,098/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Powell County

Cost of living, job market, crime rates, and moving cost estimates.

Moving Cost Estimator

Estimate your moving costs based on FMCSA public mover data

Select your origin state to see the estimate

Estimates based on FMCSA average mover rates. Get at least 3 binding quotes from licensed movers. Protect your move →

Frequently Asked Questions

Explore More

🏘️Neighborhoods in Powell County

Compare rent & home prices by neighborhood

💵Rent Affordability in Powell County

Salary needed to afford rent here

🗺️All Cities in MT

See how Powell County ranks statewide

⚖️Compare Powell County

Side-by-side rent & cost of living with any city

📋MT Tenant Rights

Deposit limits, eviction laws & renters protections