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Malmstrom AFB, MT

Full City Profile · Montana · Cascade County County

3.5 /5.0
B+ Good
4,191 Population 820/sq mi density
$64,079 Median Income $23,271 per capita
$1,195 Median Rent 23.5% income on rent
44°F Avg Temperature 273 sunny days/yr
272 Violent Crime/100K 4,304 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$64,079 median income, 0.9% unemployment
A+
Affordability
4.7 / 5.0
F
Safety
1.0 / 5.0
272 violent crimes/100K
B+
Education
4.0 / 5.0
37.1% bachelor's degree or higher

Housing Overview

Median Rent
$1,195/mo
3% above
US avg: $1,163/mo
Homeownership Rate
1.4%
98% below US avg (65.4%)
Total Housing Units
1,228
Median year built: 2004

Ownership vs. Renting

1.4%
Owner-Occupied
98.6%
Renter-Occupied
1%
99%
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: $1,195/mo

Affordability & Housing Stock

Rent Burden
23.5%
of renters spending 30%+ of income on housing
24% below US avg (31.0%)
Median Year Built
2004
Average age of housing stock: 22 years
Homeownership Rate
1.4%

Complete Housing Data

Home Values

Zillow Home Value (ZHVI)$234,308

Rent

Census Median Rent$1,195
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-Occupied1.4%
Renter-Occupied98.6%
Homeownership Rate1.4%
Total Housing Units1,228
Median Year Built2004
Rent Burden23.5%