Rental market snapshot for Missoula, Montana

Missoula, Montana Rental Property Market Overview

Missoula, Montana is a vibrant city located in the western part of the state. With a population of 74,822 according to the US Census in 2021, Missoula is the second largest city in Montana. The city is known for its outdoor recreation opportunities, including hiking, biking, fishing, and skiing. Missoula is also home to the University of Montana, which provides a variety of cultural and educational opportunities. The city is a great place to live, work, and play, and its population continues to grow.

The average rent for an apartment in Missoula is $1,481. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Missoula Montana | Cost of Living

  • The most expensive ZIP code in Missoula is 59808 with an average price of $1,647.
  • The cheapest ZIP code in Missoula is 59802 with an average price of $1,048.

Missoula ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
159808$1,647
259803$1,379
359802$1,048

Live near Missoula, Montana's Top Sights and Attractions

Mcleod Park is a picturesque park located on the banks of a river. It features a large grassy area, perfect for picnics and outdoor activities, as well as a playground and a walking path. The park is also home to a variety of wildlife, including ducks, geese, and other birds. Visitors can also enjoy fishing in the river or take a leisurely stroll along the riverbank.

Playfair Park is a large outdoor recreational area located in the foothills of the Rocky Mountains. It features a variety of activities, including a playground, picnic areas, walking trails, and a disc golf course. The park also has a large lake with a beach, a boat launch, and fishing docks. In addition, the park has a variety of sports fields, including baseball, softball, soccer, and tennis. The park is also home to a variety of wildlife, including deer, elk, and bald eagles.

Mccormick Park is a large, lush park located in the heart of Missoula. It features a large lake, walking trails, picnic areas, and a playground. The park is a popular spot for locals and visitors alike, offering a great place to relax, take a stroll, or have a picnic. The lake is home to a variety of wildlife, including ducks, geese, and other waterfowl. The park also features a variety of trees, shrubs, and flowers, making it a great place to take in the natural beauty of the area.

The Philip L Wright Zoological Museum is a unique attraction located in Missoula, Montana. It is home to a variety of exotic animals, including lions, tigers, and bears. Visitors can explore the museum's interactive exhibits, which feature live animals, interactive displays, and educational programs. The museum also offers a variety of educational programs for children and adults, including lectures, workshops, and field trips. The museum is a great way to learn about the world's wildlife and its conservation efforts.

Caras Park is a public park located in the heart of downtown Missoula. It is a popular gathering place for locals and visitors alike, offering a variety of activities and amenities. The park features a large grassy area, a playground, a splash pad, a skate park, a carousel, and a variety of sculptures. There are also several restaurants and cafes located nearby, making it a great spot for a picnic or a leisurely stroll. The park is also home to several festivals and events throughout the year, including the popular River City Roots Festival.

Greenough Park is a large public park located on the banks of the Clark Fork River. It features a variety of recreational activities, including walking and biking trails, a disc golf course, a playground, and a picnic area. The park also has a large open field, perfect for playing sports or flying kites. In the summer, visitors can take a dip in the river or rent a canoe or kayak to explore the area. The park is also home to a variety of wildlife, including deer, beavers, and bald eagles.

Bonner Park is a large public park located in Missoula, Montana. It features a variety of outdoor activities, including a playground, picnic areas, walking trails, and a disc golf course. The park also has a large pond, which is home to a variety of wildlife, including ducks, geese, and other waterfowl. The park is a popular spot for fishing, boating, and swimming. In addition, the park has a large open field, perfect for playing sports or flying kites.

Garland Park is a large, lush park located in the heart of Missoula. It features a variety of outdoor activities, including a playground, picnic areas, walking trails, and a disc golf course. The park also has a large pond, perfect for fishing, canoeing, and kayaking. The park is surrounded by tall trees and lush vegetation, providing a peaceful and tranquil atmosphere. In the summer months, the park is alive with the sound of birds and the smell of wildflowers.

Bonner Park is a large public park located in Missoula, Montana. It features a variety of outdoor activities, including a playground, picnic areas, walking trails, and a disc golf course. The park also has a large pond, which is home to a variety of wildlife, including ducks, geese, and other waterfowl. The park is a popular spot for fishing, boating, and swimming. In addition, the park has a large open field, perfect for playing sports or flying kites.

Northside Park is a large, scenic park located in the heart of Missoula. It features a variety of outdoor activities such as walking trails, picnic areas, playgrounds, and sports fields. The park is also home to a large lake, which is a popular spot for fishing, swimming, and boating. The park is surrounded by lush trees and vegetation, making it a great place to relax and take in the beauty of nature.

Missoula, Montana area median rent change by ZIP code map

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How does Missoula compare to other cities in Montana?

citymedian price
Bozeman$2,245
Columbia Falls$1,900
Helena$1,600
Billings$1,385
Missoula$1,300
Butte-Silver Bow (balance)$1,150
Sidney$1,010
Miles City$550

Average household income in Missoula area graph - US Census

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The median household income in Missoula in 2021 was $54,423. This represents a 39.3% change from 2011 when the median was $39,076.

#categorypercent
0Less than $10,0007.7%
1$10,000 to $14,9995.6%
2$15,000 to $19,9994.7%
3$20,000 to $24,9994.4%
4$25,000 to $29,9995.7%
5$30,000 to $34,9995.7%
6$35,000 to $39,9996.0%
7$40,000 to $44,9995.4%
8$45,000 to $49,9993.7%
9$50,000 to $59,9998.2%
10$60,000 to $74,9999.8%
11$75,000 to $99,99912.5%
12$100,000 to $124,9997.2%
13$125,000 to $149,9994.4%
14$150,000 to $199,9994.6%
15$200,000 or more4.3%

Neighborhoods in Missoula

We currently do not have this data but we are working to add this soon.

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Missoula is $1,481.
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