Bozeman, MT
Full City Profile · Montana · Gallatin County County
3.2
/5.0
B
Good
55,042
Population
2,571/sq mi density
$79,903
Median Income
$48,994 per capita
$614,900
Home Value
$725,769 Zillow
$1,611
Median Rent
31.2% income on rent
44°F
Avg Temperature
451
Violent Crime/100K
1,808 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$79,903 median income, 3.1% unemployment
C
Affordability
2.3 / 5.0
$614,900 home value, $1,611/mo rent
F
Safety
1.0 / 5.0
451 violent crimes/100K (19% above avg)
A+
Education
5.0 / 5.0
65.1% bachelor's degree or higher
Housing Overview
Median Home Value
$614,900
118% above
US avg: $281,900
Median Rent
$1,611/mo
39% above
US avg: $1,163/mo
Homeownership Rate
44.6%
32% below US avg (65.4%)
Total Housing Units
23,708
Median year built: 1997
Home Value by Source
Census Median
$614,900
Zillow (ZHVI)
$725,769
Redfin Median Sale
$615,000
Median Sale Price
$615,000
Median List Price
$690,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
44.6%
Owner-Occupied
55.4%
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:
$1,611/mo
· Zillow rent:
$2,113/mo
Market Indicators (Redfin)
Median Sale Price
$615,000
Median Days on Market
136 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
43
Price Drops
14.8%
of listings with price reduction
Price Per Sq Ft
$345
Active Inventory
270
homes for sale
Affordability & Housing Stock
Rent Burden
31.2%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1997
Average age of housing stock: 29 years
Homeownership Rate
44.6%
Complete Housing Data
Home Values
| Census Median Value | $614,900 |
| Zillow Home Value (ZHVI) | $725,769 |
| Redfin Median Sale | $615,000 |
| Median Sale Price | $615,000 |
| Median List Price | $690,000 |
| Price Per Sq Ft | $345 |
Rent
| Census Median Rent | $1,611 |
| Zillow Rent (ZORI) | $2,113 |
| 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 | 136 |
| Sale-to-List Ratio | 0.0% |
| Price Drops | 14.8% |
| Homes Sold | 43 |
| Active Inventory | 270 |
| Price Per Sq Ft | $345 |
Ownership & Stock
| Owner-Occupied | 44.6% |
| Renter-Occupied | 55.4% |
| Homeownership Rate | 44.6% |
| Total Housing Units | 23,708 |
| Median Year Built | 1997 |
| Rent Burden | 31.2% |