Average Rent in Wheatland County, MT↑ Rents rising 19.6% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 2,049
Market Overview
Wheatland County, MT has rental prices ranging from $794/month to $1,726/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $832/month — 41% below the national average of $1,400/month. With a median household income of $47,054/year, spending $832/month on a 1-bedroom represents 21% of gross income — within the recommended 30% threshold.
How Wheatland County Compares
With an average 2-bedroom rent of $1,082/month, Wheatland County ranks #46 most expensive of the 57 cities tracked in Montana — pricier than 74% of all US cities in our data.
The Wheatland County Rental Market
The Wheatland County, MT area has a population of about 2,049 and 24% 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 Wheatland County, MT have risen by $177/month (19.6%) over the past year, from $905 to $1,082. 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 Wheatland County, MT without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $33,280. The local median household income of $47,054 exceeds that threshold by $13,774, making Wheatland County relatively accessible compared to local wages.
Economy & Jobs
Wheatland County, MT has an unemployment rate of 4.0%, 0.1 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.
Fair Market Rents
HUD FY2025Is Wheatland 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 Wheatland County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Wheatland County data
Buying breaks even after 3 years — worth it if you stay 3+ years.
Living in Wheatland 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 Wheatland CountySalary needed to afford rent here
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