Kalispell housing market
Typical home value
$646K
▲ 2.0% 1 yr
Typical rent
$2,025/mo
▲ 3.6% 1 yr
12-month forecast
+2.0%
#277 of 546 metros
Gross rent yield
3.8%
#525 of 546 · U.S. 6.3%
Listings with a price cut
24%
▼ −1.5 pts 1 yr
Key takeaways
- 1The typical home is worth $646,137, up 2.0% in a year and up 22% over five years.
- 2Zillow forecasts home values rising 2.0% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $2,025/mo (+3.6% YoY), a 3.8% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $3,551/mo in principal and interest, $1,526 more than renting.
Market temperature
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 40/100, #282 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 Kalispell compares
| Measure | Kalispell | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +2.0% | +1.2% | #287 |
| Home value, 5-yr change | +21.9% | +19.7% | |
| 12-month forecast | +2.0% | +1.1% | #277 |
| Rent, 1-yr change | +3.6% | +2.7% | #236 |
| Gross rent yield | 3.8% | 6.3% | #525 |
| Price-to-rent ratio | 26.6 | 15.8 | |
| Mortgage P&I on typical home | $3,551 | $2,012 |
Cities in the Kalispell metro
2 cities with home value and rent data.
Run the numbers
Rental property calculator
Cash flow on a typical Kalispell rental ($646K, $2,025/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Kalispell home.
Rent vs buy
Is it cheaper to rent or buy in Kalispell?
Other Montana metros
Billings, MT
$410K home$1,390 rent4.1% yield
▲ 2.6% 1 yr
Missoula, MT
$570K home$1,622 rent3.4% yield
▲ 1.3% 1 yr
Bozeman, MT
$698K home$2,201 rent3.8% yield
▲ 1.1% 1 yr
Great Falls, MT
$340K home$1,428 rent5.0% yield
▲ 2.7% 1 yr
Helena, MT
$473K home$1,646 rent4.2% yield
▲ 3.0% 1 yr
Butte, MT
$286K home$1,443 rent6.0% yield
▲ 3.1% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.