Stillwater County, Montana Housing Market Prices
Stillwater 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 53% below the Montana median Cheaper than 83% of counties in Montana$118,271
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Median rent 11% below the Montana median More expensive than 78% of counties in Montana$961
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Stillwater County | Montana Avg | US Average |
|---|---|---|---|
| Median Home Price | $118,271 | $249,140 | $248,835 |
| Price Trend (Annual %) | -9.7% | 3.8% | 7.5% |
| Median Gross Rent | $961 | $1,081 | $1,407 |
| Rent Trend (Annual %) | 5.2% | 5.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Stillwater County is about 53% lower than in Montana. Rent is about 11% lower than the Montana average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Stillwater County: home prices fell about 9.7% a year while rent rose about 5.2% a year. That is an unusual pattern worth watching.
Median rent in Stillwater County rose about 44.1% between 2015 and 2024, from $666 to $961. Over the same span, rent in Montana rose about 52.0%.
Affordability
On average, housing unit costs 1.3 yearly household incomes in Stillwater County.
Buying the median-priced home in Stillwater County costs roughly 10.3 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Stillwater County. The price-to-rent ratio in Montana is about 19.2.
| Metric | Stillwater County | Montana Avg | US Average |
|---|---|---|---|
| Median Home Price | $118,271 | $249,140 | $248,835 |
| Median Household Income | $88,279 | $72,476 | $80,455 |
| Price-to-Income Ratio | 1.3 | 3.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Stillwater County fell about 24.5%, while median household income rose about 47.8% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Stillwater County | Montana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 67.8% | 60.1% | 58.5% |
| Rental Rate | 14.0% | 26.8% | 31.2% |
| Vacancy Rate | 18.2% | 13.2% | 10.2% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
Stillwater County has a homeownership rate of 67.8%, higher than the Montana average of 60.1%. Its housing vacancy rate is 18.2%, compared with 13.2% in Montana.
Housing Stock
| Metric | Stillwater County | Montana Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.38 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1983 | 1981 | 1978 |
| Median Number of Rooms | 5.8 | 5.6 | 5.5 |
The typical housing unit in Stillwater County was built around 1983. On average, 2.4 people live in a home with about 5.8 rooms, staying for about 16.0 years on average.
Stillwater County, MT Housing Compared With Nearby Counties
How Stillwater County, MT compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Stillwater County, MT | 9,183 | $118,271 #2/2 | $961 #2/2 | 82.9% #1/2 |
| Park County, MT | 17,710 | $389,473 | $975 | 69.4% |
Frequently Asked Questions
Common questions about the housing market in Stillwater County, Montana.
What is the median home price in Stillwater County, Montana?
The median home price in Stillwater County, Montana is $118,271, lower than the Montana average of $249,140.
What is the average home price in Stillwater County, Montana?
The typical home price in Stillwater County, Montana, reported as the median sale price, is $118,271. 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 Stillwater County, Montana?
The median gross rent in Stillwater County, Montana is $961 per month, lower than the Montana average of $1,081.
What was the median gross rent in Stillwater County in 2020?
In 2020, the median gross rent in Stillwater County, Montana was $800 per month.
What is the price-to-rent ratio in Stillwater County, Montana?
The price-to-rent ratio in Stillwater County, Montana is about 10.3, meaning it would take roughly 10.3 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Stillwater County.
Are home prices or rent rising faster in Stillwater County, Montana?
Home prices and rent are moving in opposite directions in Stillwater County: home prices fell about 9.7% a year while rent rose about 5.2% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Stillwater County, Montana?
67.8% of households in Stillwater County, Montana own their home, higher than the Montana average of 60.1%.
What is the vacancy rate in Stillwater County, Montana?
The housing vacancy rate in Stillwater County, Montana is 18.2%, higher than the Montana average of 13.2%.
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