Hobson, MT
Full City Profile · Montana · Wheatland County County
3.2
/5.0
B
Good
145
Population
690/sq mi density
$34,750
Median Income
$20,352 per capita
$112,500
Home Value
$315,680 Zillow
$619
Median Rent
19.5% income on rent
43°F
Avg Temperature
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
D
Economy
1.7 / 5.0
$34,750 median income, 23.3% unemployment
A+
Affordability
4.9 / 5.0
$112,500 home value, $619/mo rent
C+
Education
2.9 / 5.0
24.3% bachelor's degree or higher
Housing Overview
Median Home Value
$112,500
60% below
US avg: $281,900
Median Rent
$619/mo
47% below
US avg: $1,163/mo
Homeownership Rate
85.1%
30% above US avg (65.4%)
Total Housing Units
117
Median year built: 1958
Home Value by Source
Census Median
$112,500
Zillow (ZHVI)
$315,680
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
85.1%
Owner-Occupied
14.9%
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:
$619/mo
Affordability & Housing Stock
Rent Burden
19.5%
of renters spending 30%+ of income on housing
37% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
85.1%
Complete Housing Data
Home Values
| Census Median Value | $112,500 |
| Zillow Home Value (ZHVI) | $315,680 |
Rent
| Census Median Rent | $619 |
| 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-Occupied | 85.1% |
| Renter-Occupied | 14.9% |
| Homeownership Rate | 85.1% |
| Total Housing Units | 117 |
| Median Year Built | 1958 |
| Rent Burden | 19.5% |