Average Rent in Stillwater County, MT↓ Rents falling 17.5% YoY🔻 2nd cheapest in MT
HUD FY2021 · Official government data · Updated annually · Metro pop. 9,052
Market Overview
Stillwater County, MT has rental prices ranging from $591/month to $1,323/month in 2021, depending on unit size. The typical 1-bedroom apartment rents for $645/month — 54% below the national average of $1,400/month. With a median household income of $81,503/year, spending $645/month on a 1-bedroom represents 9% of gross income — within the recommended 30% threshold.
How Stillwater County Compares
With an average 2-bedroom rent of $844/month, Stillwater County ranks #56 most expensive of the 57 cities tracked in Montana — more affordable than 94% of all US cities in our data.
The Stillwater County Rental Market
The Stillwater County, MT area has a population of about 9,052 and 19% 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 Stillwater County, MT have fallen by $179/month (17.5%) over the past year, from $1,023 to $844. This rate of decrease is significant and reflects softening demand or increased inventory in the local market.
Affordability
To afford a 1-bedroom apartment in Stillwater County, MT without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $25,800. The local median household income of $81,503 exceeds that threshold by $55,703, making Stillwater County relatively accessible compared to local wages.
Economy & Jobs
Stillwater County, MT has an unemployment rate of 2.7%, 1.2 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 FY2021Is Stillwater 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 |
|---|---|---|---|---|---|
| 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 | — |
| Lewis and Clark County | $1,094 | $1,259 | $1,596 | $2,106 | — |
Rent or Buy in Stillwater County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Stillwater County data
Renting appears to be the better financial choice for this scenario.
Living in Stillwater 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 Stillwater CountySalary needed to afford rent here
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