Chouteau County, Montana Housing Market Prices
Chouteau County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 52% below the Montana median Cheaper than 80% of counties in Montana$120,587
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Median rent 50% below the Montana median Among the top 3 cheapest counties in Montana$535
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Chouteau County | Montana Avg | US Average |
|---|---|---|---|
| Median Home Price | $120,587 | $249,140 | $248,835 |
| Price Trend (Annual %) | 20.9% | 3.8% | 7.5% |
| Median Gross Rent | $535 | $1,081 | $1,407 |
| Rent Trend (Annual %) | 3.8% | 5.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Chouteau County is about 52% lower than in Montana. Rent is about 50% lower than the Montana average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Chouteau County, up about 20.9% and 3.8% a year respectively. Home prices are changing faster.
Median rent in Chouteau County rose about 26.4% between 2015 and 2024, from $423 to $535. Over the same span, rent in Montana rose about 52.0%.
Affordability
On average, housing unit costs 2.0 yearly household incomes in Chouteau County.
Buying the median-priced home in Chouteau County costs roughly 18.8 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Chouteau County. The price-to-rent ratio in Montana is about 19.2.
| Metric | Chouteau County | Montana Avg | US Average |
|---|---|---|---|
| Median Home Price | $120,587 | $249,140 | $248,835 |
| Median Household Income | $58,858 | $72,476 | $80,455 |
| Price-to-Income Ratio | 2.0 | 3.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Chouteau County rose about 344.6%, while median household income rose about 41.7% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Chouteau County | Montana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 51.0% | 60.1% | 58.5% |
| Rental Rate | 23.8% | 26.8% | 31.2% |
| Vacancy Rate | 25.2% | 13.2% | 10.2% |
| Median Tenure (years) | 24.0 | 15.0 | 15.0 |
| Median Year Moved In | 2002 | 2011 | 2011 |
Chouteau County has a homeownership rate of 51.0%, lower than the Montana average of 60.1%. Its housing vacancy rate is 25.2%, compared with 13.2% in Montana.
Housing Stock
| Metric | Chouteau County | Montana Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.67 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1970 | 1981 | 1978 |
| Median Number of Rooms | 5.9 | 5.6 | 5.5 |
The typical housing unit in Chouteau County was built around 1970. On average, 2.7 people live in a home with about 5.9 rooms, staying for about 24.0 years on average.
Chouteau County, MT Housing Compared With Nearby Counties
How Chouteau County, MT compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Chouteau County, MT | 5,905 | $120,587 #3/3 | $535 #3/3 | 68.2% #2/3 |
| Cascade County, MT | 84,603 | $239,166 | $939 | 68.5% |
| Fergus County, MT | 11,687 | $162,717 | $953 | 63.4% |
Frequently Asked Questions
Common questions about the housing market in Chouteau County, Montana.
What is the median home price in Chouteau County, Montana?
The median home price in Chouteau County, Montana is $120,587, lower than the Montana average of $249,140.
What is the average home price in Chouteau County, Montana?
The typical home price in Chouteau County, Montana, reported as the median sale price, is $120,587. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Chouteau County, Montana?
The median gross rent in Chouteau County, Montana is $535 per month, lower than the Montana average of $1,081.
What was the median gross rent in Chouteau County in 2020?
In 2020, the median gross rent in Chouteau County, Montana was $375 per month.
What is the price-to-rent ratio in Chouteau County, Montana?
The price-to-rent ratio in Chouteau County, Montana is about 18.8, meaning it would take roughly 18.8 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Chouteau County.
Are home prices or rent rising faster in Chouteau County, Montana?
Both home prices and rent are rising in Chouteau County, up about 20.9% and 3.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Chouteau County, Montana?
51.0% of households in Chouteau County, Montana own their home, lower than the Montana average of 60.1%.
What is the vacancy rate in Chouteau County, Montana?
The housing vacancy rate in Chouteau County, Montana is 25.2%, higher than the Montana average of 13.2%.
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