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Belgrade, MT
Full City Profile · Montana · Gallatin County County
3.3
/5.0
B
Good
11,425
Population
2,346/sq mi density
$88,896
Median Income
$48,231 per capita
$469,600
Home Value
$544,626 Zillow
$1,582
Median Rent
28.4% income on rent
43°F
Avg Temperature
311 sunny days/yr
380
Violent Crime/100K
1,901 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$88,896 median income, 1.9% unemployment
B+
Affordability
3.7 / 5.0
$469,600 home value, $1,582/mo rent
F
Safety
1.0 / 5.0
380 violent crimes/100K (0% above avg)
B+
Education
4.0 / 5.0
37.4% bachelor's degree or higher
Housing Overview
Median Home Value
$469,600
67% above
US avg: $281,900
Median Rent
$1,582/mo
36% above
US avg: $1,163/mo
Homeownership Rate
55.5%
15% below US avg (65.4%)
Total Housing Units
4,614
Median year built: 1997
Home Value by Source
Census Median
$469,600
Zillow (ZHVI)
$544,626
Median Sale Price
$529,000
Median List Price
$508,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
55.5%
Owner-Occupied
44.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$988/mo
1 Bedroom
$1,076/mo
2 Bedroom
$1,336/mo
3 Bedroom
$1,789/mo
4 Bedroom
$2,113/mo
Census median rent:
$1,582/mo
· Zillow rent:
$2,206/mo
Market Indicators (Redfin)
Median Days on Market
84 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
17
Price Drops
10.8%
of listings with price reduction
Price Per Sq Ft
$353
Active Inventory
83
homes for sale
Affordability & Housing Stock
Rent Burden
28.4%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1997
Average age of housing stock: 29 years
Homeownership Rate
55.5%
Complete Housing Data
Home Values
| Census Median Value | $469,600 |
| Zillow Home Value (ZHVI) | $544,626 |
| Median Sale Price | $529,000 |
| Median List Price | $508,950 |
| Price Per Sq Ft | $353 |
Rent
| Census Median Rent | $1,582 |
| Zillow Rent (ZORI) | $2,206 |
| FMR Studio | $988 |
| FMR 1-Bedroom | $1,076 |
| FMR 2-Bedroom | $1,336 |
| FMR 3-Bedroom | $1,789 |
| FMR 4-Bedroom | $2,113 |
Market
| Days on Market | 84 |
| Sale-to-List Ratio | 0.0% |
| Price Drops | 10.8% |
| Homes Sold | 17 |
| Active Inventory | 83 |
| Price Per Sq Ft | $353 |
Ownership & Stock
| Owner-Occupied | 55.5% |
| Renter-Occupied | 44.5% |
| Homeownership Rate | 55.5% |
| Total Housing Units | 4,614 |
| Median Year Built | 1997 |
| Rent Burden | 28.4% |