Three Forks, MT
Full City Profile · Montana · Gallatin County County
3.1
/5.0
B
Good
2,034
Population
1,413/sq mi density
$80,394
Median Income
$35,314 per capita
$382,400
Home Value
$540,645 Zillow
$1,263
Median Rent
27.3% income on rent
45°F
Avg Temperature
311 sunny days/yr
190
Violent Crime/100K
1,139 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$80,394 median income, 0.7% unemployment
B+
Affordability
4.0 / 5.0
$382,400 home value, $1,263/mo rent
F
Safety
1.0 / 5.0
190 violent crimes/100K
C+
Education
2.7 / 5.0
21.3% bachelor's degree or higher
Housing Overview
Median Home Value
$382,400
36% above
US avg: $281,900
Median Rent
$1,263/mo
9% above
US avg: $1,163/mo
Homeownership Rate
75.1%
15% above US avg (65.4%)
Total Housing Units
808
Median year built: 1989
Home Value by Source
Census Median
$382,400
Zillow (ZHVI)
$540,645
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
75.1%
Owner-Occupied
24.9%
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:
$1,263/mo
Affordability & Housing Stock
Rent Burden
27.3%
of renters spending 30%+ of income on housing
12% below US avg (31.0%)
Median Year Built
1989
Average age of housing stock: 37 years
Homeownership Rate
75.1%
Complete Housing Data
Home Values
| Census Median Value | $382,400 |
| Zillow Home Value (ZHVI) | $540,645 |
Rent
| Census Median Rent | $1,263 |
| 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 | 75.1% |
| Renter-Occupied | 24.9% |
| Homeownership Rate | 75.1% |
| Total Housing Units | 808 |
| Median Year Built | 1989 |
| Rent Burden | 27.3% |
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