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Hamilton, MT

Full City Profile · Montana · Ravalli County County

3.0 /5.0
B Good
4,949 Population 1,948/sq mi density
$52,917 Median Income $34,948 per capita
$299,800 Home Value $516,033 Zillow
$958 Median Rent 27.0% income on rent
45°F Avg Temperature 273 sunny days/yr
369 Violent Crime/100K 3,033 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$52,917 median income, 1.1% unemployment
B
Affordability
3.5 / 5.0
$299,800 home value, $958/mo rent
F
Safety
1.0 / 5.0
369 violent crimes/100K
B+
Education
3.5 / 5.0
31.4% bachelor's degree or higher

Housing Overview

Median Home Value
$299,800
6% above
US avg: $281,900
Median Rent
$958/mo
18% below
US avg: $1,163/mo
Homeownership Rate
48.7%
26% below US avg (65.4%)
Total Housing Units
2,776
Median year built: 1977

Home Value by Source

Census Median
$299,800
Zillow (ZHVI)
$516,033
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

48.7%
Owner-Occupied
51.3%
Renter-Occupied
49%
51%
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: $958/mo

Affordability & Housing Stock

Rent Burden
27.0%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
48.7%

Complete Housing Data

Home Values

Census Median Value$299,800
Zillow Home Value (ZHVI)$516,033

Rent

Census Median Rent$958
FMR Studio$988
FMR 1-Bedroom$1,076
FMR 2-Bedroom$1,336
FMR 3-Bedroom$1,789
FMR 4-Bedroom$2,113

Market

Ownership & Stock

Owner-Occupied48.7%
Renter-Occupied51.3%
Homeownership Rate48.7%
Total Housing Units2,776
Median Year Built1977
Rent Burden27.0%