Butte, MT housing market
Typical home value
$286K
▲ 3.1% 1 yr
Typical rent
$1,443/mo
▲ 5.4% 1 yr
Gross rent yield
6.0%
U.S. 6.3%
5-year home value change
+36%
U.S. +20%
Key takeaways
- 1The typical home in Butte is worth $286,353, up 3.1% over the past year and up 36% over five years.
- 2Typical rent is $1,443 a month (+5.4% YoY), a gross rent yield of 6.0% (below the Butte, MT metro's 6.0%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,574/mo, $131 more than typical rent.
- 4Zillow forecasts the Butte, MT metro's home values to change +2.3% over the next 12 months.
Market temperature (Butte, MT metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 40/100, #286 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Butte compares
| Measure | Butte | Butte, MT metro | United States |
|---|---|---|---|
| Typical home value | $286,353 | $286,303 | $366,157 |
| Home value, 1-yr change | +3.1% | +3.1% | +1.2% |
| Typical rent | $1,443 | $1,443 | $1,932 |
| Rent, 1-yr change | +5.4% | +5.4% | +2.7% |
| Gross rent yield | 6.0% | 6.0% | 6.3% |
| Price-to-rent ratio | 16.5 | 16.5 | 15.8 |
| Mortgage P&I, typical home | $1,574 | $1,573 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Butte rental, pre-filled.
Rent vs buy in Butte
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $286K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.