Average Rent in Silver Bow County, MT↑ Rents rising 47.0% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 35,589
Market Overview
Silver Bow County, MT has rental prices ranging from $945/month to $2,191/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,077/month — 23% below the national average of $1,400/month. With a median household income of $57,504/year, spending $1,077/month on a 1-bedroom represents 22% of gross income — within the recommended 30% threshold.
How Silver Bow County Compares
With an average 2-bedroom rent of $1,370/month, Silver Bow County ranks #18 most expensive of the 57 cities tracked in Montana — pricier than 89% of all US cities in our data.
The Silver Bow County Rental Market
The Silver Bow County, MT area has a population of about 35,589 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 Silver Bow County, MT have risen by $438/month (47.0%) over the past year, from $932 to $1,370. 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 Silver Bow County, MT without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $43,080. The local median household income of $57,504 exceeds that threshold by $14,424, making Silver Bow County relatively accessible compared to local wages.
Economy & Jobs
Silver Bow County, MT has an unemployment rate of 3.4%, 0.5 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 Silver Bow 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 Silver Bow County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Silver Bow County data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Living in Silver Bow 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 Silver Bow CountySalary needed to afford rent here
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