Lockwood, MT
Full City Profile · Montana · Yellowstone County County
3.0
/5.0
B
Good
7,474
Population
581/sq mi density
$74,451
Median Income
$34,833 per capita
$250,900
Home Value
$475,949 Zillow
$995
Median Rent
25.9% income on rent
47°F
Avg Temperature
311 sunny days/yr
378
Violent Crime/100K
4,476 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$74,451 median income, 2.8% unemployment
A+
Affordability
4.8 / 5.0
$250,900 home value, $995/mo rent
F
Safety
1.0 / 5.0
378 violent crimes/100K
C
Education
2.2 / 5.0
14.7% bachelor's degree or higher
Housing Overview
Median Home Value
$250,900
11% below
US avg: $281,900
Median Rent
$995/mo
14% below
US avg: $1,163/mo
Homeownership Rate
78.7%
20% above US avg (65.4%)
Total Housing Units
2,742
Median year built: 1980
Home Value by Source
Census Median
$250,900
Zillow (ZHVI)
$475,949
Median Sale Price
$440,000
Median List Price
$575,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
78.7%
Owner-Occupied
21.3%
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:
$995/mo
Market Indicators (Redfin)
Median Days on Market
91 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
3
Price Drops
9.1%
of listings with price reduction
Price Per Sq Ft
$199
Active Inventory
11
homes for sale
Affordability & Housing Stock
Rent Burden
25.9%
of renters spending 30%+ of income on housing
16% below US avg (31.0%)
Median Year Built
1980
Average age of housing stock: 46 years
Homeownership Rate
78.7%
Complete Housing Data
Home Values
| Census Median Value | $250,900 |
| Zillow Home Value (ZHVI) | $475,949 |
| Median Sale Price | $440,000 |
| Median List Price | $575,000 |
| Price Per Sq Ft | $199 |
Rent
| Census Median Rent | $995 |
| 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 | 91 |
| Sale-to-List Ratio | 0.0% |
| Price Drops | 9.1% |
| Homes Sold | 3 |
| Active Inventory | 11 |
| Price Per Sq Ft | $199 |
Ownership & Stock
| Owner-Occupied | 78.7% |
| Renter-Occupied | 21.3% |
| Homeownership Rate | 78.7% |
| Total Housing Units | 2,742 |
| Median Year Built | 1980 |
| Rent Burden | 25.9% |
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