Average rent in Montana
The median rent in Montana is $1,177 a month (Census ACS 2024), 21% lower than the U.S. median of $1,487. You need about $47,080 a year to afford it.
Monthly basics in Montana
| Cost | A month | Source |
|---|---|---|
| Rent (median, with utilities paid by renter) | $1,177 | Census ACS 2024 |
| Electricity bill (average home) | $133 | EIA, August 2026 |
| Car insurance, full coverage | $139 | Insurify, Oct 8, 2026 |
| Gas for 1,000 miles | $162 | AAA, Oct 24, 2026 |
| These together | $1,611 | our calculation |
Each line is a state average from a different source and date, so treat the total as a rough guide. Electricity is often already counted in gross rent when the renter pays it, so the total can double-count it. Gas for 1,000 miles assumes 27.2 mpg (EPA average new vehicle).
| State | Median rent | Income needed | Rank |
|---|---|---|---|
| Wisconsin | $1,142 | $45,680 | 18 |
| Michigan | $1,168 | $46,720 | 19 |
| Montana | $1,177 | $47,080 | 20 |
| Maine | $1,210 | $48,400 | 21 |
| Pennsylvania | $1,252 | $50,080 | 22 |
| U.S. median | $1,487 | $59,480 | - |
Source: U.S. Census Bureau, American Community Survey, median gross rent (B25064), 2024 ACS 1-year, as republished in the Kansas Statistical Abstract (University of Kansas). Year-earlier: 2023 ACS 1-year, State of Hawaii Data Book. Gross rent = rent plus utilities and fuels paid by the renter. Income needed = rent × 12 ÷ 30% (our calculation). Asking rents for listings today are usually higher than this all-renter median.
Plan around it
See what a salary in Montana leaves you after tax with our Montana take-home pay calculator, then split it with the 50/30/20 budget calculator. Thinking of buying instead? Try the rent vs buy calculator.
Common questions
What is the average rent in Montana?
The median gross rent in Montana was $1,177 a month in 2024, per the Census Bureau's American Community Survey. That ranks 20 of 51 (1 = lowest). A year earlier it was $1,083.
How much do you need to make to afford rent in Montana?
About $47,080 a year before tax, so the median rent of $1,177 is 30% of income, a common rule of thumb (our calculation).
Is rent in Montana going up?
Median rent rose 8.7% in a year, from $1,083 to $1,177 (Census ACS, our calculation). Survey figures for a single year have a margin of error, so small changes may not be meaningful.