Helena, MT housing market
Typical home value
$478K
▲ 2.9% 1 yr
Typical rent
$1,630/mo
▲ 2.9% 1 yr
Gross rent yield
4.1%
U.S. 6.3%
5-year home value change
+28%
U.S. +20%
Key takeaways
- 1The typical home in Helena is worth $477,974, up 2.9% over the past year and up 28% over five years.
- 2Typical rent is $1,630 a month (+2.9% YoY), a gross rent yield of 4.1% (below the Helena, MT metro's 4.2%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $2,627/mo, $997 more than typical rent.
- 4Zillow forecasts the Helena, MT metro's home values to change +2.4% over the next 12 months.
Market temperature (Helena, MT metro)
Neutral market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 49/100, #156 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 Helena compares
| Measure | Helena | Helena, MT metro | United States |
|---|---|---|---|
| Typical home value | $477,974 | $473,368 | $366,157 |
| Home value, 1-yr change | +2.9% | +3.0% | +1.2% |
| Typical rent | $1,630 | $1,646 | $1,932 |
| Rent, 1-yr change | +2.9% | +3.4% | +2.7% |
| Gross rent yield | 4.1% | 4.2% | 6.3% |
| Price-to-rent ratio | 24.4 | 24.0 | 15.8 |
| Mortgage P&I, typical home | $2,627 | $2,601 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Helena rental, pre-filled.
Rent vs buy in Helena
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $478K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.