Missoula, MT housing market
Typical home value
$564K
▲ 1.1% 1 yr
Typical rent
$1,622/mo
▲ 2.7% 1 yr
Gross rent yield
3.5%
U.S. 6.3%
5-year home value change
+21%
U.S. +20%
Key takeaways
- 1The typical home in Missoula is worth $563,970, up 1.1% over the past year and up 21% over five years.
- 2Typical rent is $1,622 a month (+2.7% YoY), a gross rent yield of 3.5% (above the Missoula, MT metro's 3.4%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $3,099/mo, $1,477 more than typical rent.
- 4Zillow forecasts the Missoula, MT metro's home values to change +2.6% over the next 12 months.
Market temperature (Missoula, MT metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 40/100, #281 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 Missoula compares
| Measure | Missoula | Missoula, MT metro | United States |
|---|---|---|---|
| Typical home value | $563,970 | $569,814 | $366,157 |
| Home value, 1-yr change | +1.1% | +1.3% | +1.2% |
| Typical rent | $1,622 | $1,622 | $1,932 |
| Rent, 1-yr change | +2.7% | +2.7% | +2.7% |
| Gross rent yield | 3.5% | 3.4% | 6.3% |
| Price-to-rent ratio | 29.0 | 29.3 | 15.8 |
| Mortgage P&I, typical home | $3,099 | $3,131 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Missoula rental, pre-filled.
Rent vs buy in Missoula
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $564K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.