House Charts

Bozeman, MT Housing Market: Home Prices & Rent

Updated September 2026 data · metro area
Bozeman, MT home values are up 1.1% over the past year, to a typical $698k - 2% below the October 2024 peak. Typical rent is $2,201 a month (+3.8% in a year).
Typical home value
$698k
+1.1% (+$7,413) in 12 months
From the peak
-2%
Peak $714k, Oct 2024
Since Dec 2019
+55%
from $451k
Typical rent
$2,201/mo
+3.8% in 12 months
Income needed to buy
$176k/yr
20% down, 30% of income
Days to go under contract
67
September 2026

Bozeman, MT home values since 2000

$200k$400k$600k200920122015201820212024Peak $714k (Oct 2024)Now $698k

Last few years

$400k$500k$600k$700k20192020202120222023202420252026Peak $714k (Oct 2024)Now $698k

Rent in Bozeman, MT

$1,800$2,000$2,200202120222023202420252026Now $2,201

Owning vs renting, monthly

Buying the typical Bozeman, MT home with 20% down at this week's 7.32% 30-year rate costs about $4,707/month (principal, interest plus ~1.5% a year for tax and insurance) vs $2,201/month typical rent.

Rate: Freddie Mac, week of Oct 22, 2026. Estimate for comparison only.

Bozeman, MT vs Montana vs the U.S.

Typical home12-month changeTypical rent
This metro$698k+1.1%$2,201/mo
Montana$467k+2.0%-
United States$366k+1.2%$1,932/mo

Get Bozeman, MT's housing report every month

Home prices, rent and what changed - one short email when the new data comes out. Free, unsubscribe any time.

Common questions

Are home prices falling in Bozeman, MT?

No - the typical Bozeman, MT-area home value is up 1.1% over the past 12 months, at $698k (September 2026). Values are 2% below their October 2024 peak of $714k.

Is the Bozeman, MT housing market crashing?

Home values are 2% below their October 2024 peak and up 1.1% over the past year - a rising market, not a sudden collapse. Whether that continues isn't knowable from the data - this page updates every month when new figures come out.

How much is rent in Bozeman, MT?

Typical rent in the Bozeman, MT metro is $2,201 a month (September 2026), +3.8% over 12 months.

How much income do you need to buy a home in Bozeman, MT?

About $176k a year to afford the typical home with 20% down, spending no more than 30% of income on housing (September 2026).

Nearby and similar metros

Billings, MT · Boulder, CO · Bridgeport, CT · Seattle, WA · Boston, MA

Sources: Data Provided by Zillow Group (Zillow Home Value Index and Zillow Observed Rent Index, September 2026; income needed and listing data). 30-year mortgage rate: Freddie Mac PMMS. Figures are for the Bozeman, MT metro area. How we calculate.