Rent vs. Buy in Beaverhead County, MT

Should you rent or buy in Beaverhead County? Here are the numbers.

Median Home Price

$278,300

Median Rent

$839/mo

Price-to-Rent Ratio

27.6x

Homeownership Rate

66.4%

Monthly Cost Comparison

Buying (20% down, 6.5% rate)

Mortgage (P&I)$1,407
Property Tax$148
Insurance$93

Total Monthly$1,648

Renting

Monthly Rent$839
Renter's Insurance$25

Total Monthly$864

In Beaverhead County, buying costs approximately $809/mo more than renting. This doesn't account for equity buildup, tax deductions, or home appreciation.

About Beaverhead County, Montana

Beaverhead County in Montana has a median household income of $55,867 and an effective property tax rate of 0.6%. With a price-to-rent ratio of 27.6x, renting may be more cost-effective in the short term.

These are starting estimates based on county-level medians. Your actual costs depend on the specific property, your credit score, down payment, and dozens of other variables. Our Monte Carlo simulation models 10,000 scenarios to give you probability-weighted answers, not single-point estimates.

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Other Counties in Montana

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Federal Housing Finance Agency. Estimates are based on county-level medians and may not reflect specific neighborhoods or property types. This is not financial advice — consult a licensed professional before making housing decisions.