Hill County, Montana Housing Market Prices
Hill 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 28% below the Montana median$179,054
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Median rent 28% below the Montana median$775
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Hill County | Montana Avg | US Average |
|---|---|---|---|
| Median Home Price | $179,054 | $249,140 | $248,835 |
| Price Trend (Annual %) | 4.6% | 3.8% | 7.5% |
| Median Gross Rent | $775 | $1,081 | $1,407 |
| Rent Trend (Annual %) | 3.8% | 5.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Hill County is about 28% lower than in Montana. Rent is about 28% 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 Hill County, up about 4.6% and 3.8% a year respectively. Home prices are changing faster.
Median rent in Hill County rose about 43.3% between 2015 and 2024, from $541 to $775. Over the same span, rent in Montana rose about 52.0%.
Affordability
On average, housing unit costs 3.3 yearly household incomes in Hill County.
Buying the median-priced home in Hill County costs roughly 19.3 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 Hill County. The price-to-rent ratio in Montana is about 19.2.
| Metric | Hill County | Montana Avg | US Average |
|---|---|---|---|
| Median Home Price | $179,054 | $249,140 | $248,835 |
| Median Household Income | $54,773 | $72,476 | $80,455 |
| Price-to-Income Ratio | 3.3 | 3.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Hill County rose about 22.8%, while median household income rose about 20.5% 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 | Hill County | Montana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 56.7% | 60.1% | 58.5% |
| Rental Rate | 29.1% | 26.8% | 31.2% |
| Vacancy Rate | 14.2% | 13.2% | 10.2% |
| Median Tenure (years) | 15.0 | 15.0 | 15.0 |
| Median Year Moved In | 2011 | 2011 | 2011 |
Hill County has a homeownership rate of 56.7%, lower than the Montana average of 60.1%. Its housing vacancy rate is 14.2%, compared with 13.2% in Montana.
Housing Stock
| Metric | Hill County | Montana Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.53 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1971 | 1981 | 1978 |
| Median Number of Rooms | 5.8 | 5.6 | 5.5 |
The typical housing unit in Hill County was built around 1971. On average, 2.5 people live in a home with about 5.8 rooms, staying for about 15.0 years on average.
Hill County, MT Housing Compared With Nearby Counties
How Hill County, MT compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Hill County, MT | 16,155 | $179,054 #1/2 | $775 #1/2 | 66.1% #2/2 |
| Chouteau County, MT | 5,905 | $120,587 | $535 | 68.2% |
Frequently Asked Questions
Common questions about the housing market in Hill County, Montana.
What is the median home price in Hill County, Montana?
The median home price in Hill County, Montana is $179,054, lower than the Montana average of $249,140.
What is the average home price in Hill County, Montana?
The typical home price in Hill County, Montana, reported as the median sale price, is $179,054. 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 Hill County, Montana?
The median gross rent in Hill County, Montana is $775 per month, lower than the Montana average of $1,081.
What was the median gross rent in Hill County in 2020?
In 2020, the median gross rent in Hill County, Montana was $633 per month.
What is the price-to-rent ratio in Hill County, Montana?
The price-to-rent ratio in Hill County, Montana is about 19.3, meaning it would take roughly 19.3 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 Hill County.
Are home prices or rent rising faster in Hill County, Montana?
Both home prices and rent are rising in Hill County, up about 4.6% and 3.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Hill County, Montana?
56.7% of households in Hill County, Montana own their home, lower than the Montana average of 60.1%.
What is the vacancy rate in Hill County, Montana?
The housing vacancy rate in Hill County, Montana is 14.2%, higher than the Montana average of 13.2%.
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