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Manhattan, MT

Full City Profile · Montana · Gallatin County County

3.0 /5.0
B Good
2,149 Population 1,221/sq mi density
$69,671 Median Income $41,356 per capita
$460,400 Home Value $652,619 Zillow
$1,700 Median Rent 35.7% income on rent
43°F Avg Temperature 311 sunny days/yr
375 Violent Crime/100K 1,072 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$69,671 median income, 0.0% unemployment
C+
Affordability
2.9 / 5.0
$460,400 home value, $1,700/mo rent
F
Safety
1.0 / 5.0
375 violent crimes/100K
B+
Education
3.6 / 5.0
32.9% bachelor's degree or higher

Housing Overview

Median Home Value
$460,400
63% above
US avg: $281,900
Median Rent
$1,700/mo
46% above
US avg: $1,163/mo
Homeownership Rate
71.7%
10% above US avg (65.4%)
Total Housing Units
848
Median year built: 1986

Home Value by Source

Census Median
$460,400
Zillow (ZHVI)
$652,619
Median Sale Price
$550,000
Median List Price
$882,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

71.7%
Owner-Occupied
28.3%
Renter-Occupied
72%
28%
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: $1,700/mo

Market Indicators (Redfin)

Median Days on Market
29 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$216
Active Inventory
8
homes for sale

Affordability & Housing Stock

Rent Burden
35.7%
of renters spending 30%+ of income on housing
15% above US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
71.7%

Complete Housing Data

Home Values

Census Median Value$460,400
Zillow Home Value (ZHVI)$652,619
Median Sale Price$550,000
Median List Price$882,500
Price Per Sq Ft$216

Rent

Census Median Rent$1,700
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 Market29
Sale-to-List Ratio0.0%
Price Drops0.0%
Homes Sold1
Active Inventory8
Price Per Sq Ft$216

Ownership & Stock

Owner-Occupied71.7%
Renter-Occupied28.3%
Homeownership Rate71.7%
Total Housing Units848
Median Year Built1986
Rent Burden35.7%