Cost of Living in Garfield County, Montana

$802/mo
Median Monthly Rent
$178,300
Median Home Value

At a Glance

Median Monthly Rent
$802/mo
3% below state average
Median Home Value
$178,300
37% below national
Rent-to-Income Ratio
23.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Garfield County Compares

Median monthly rent comparison

Garfield County$802/mo
Montana Average$825/mo
National Median$1,163/mo

Detailed Housing Stats

$802/mo
Median Gross Rent
$178,300
Median Home Value
$594/mo
Monthly Owner Cost
23.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Garfield County ranks #146 of 3,144 counties for affordability (top 5%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Garfield County, Montana

Garfield stays below the national threshold

Garfield County residents spend 15.6% of their income on rent, edging below the national 15.9% benchmark that experts consider affordable. With a median household income of $61,750—about 17% below the national average of $74,755—locals are managing housing costs more efficiently than most Americans.

Better than average across Montana

Garfield's rent-to-income ratio of 15.6% beats Montana's state average of 15.9%, placing it among the more affordable counties statewide. The median rent of $802 is just slightly below the state average of $825, suggesting balanced housing costs for rural Montana.

Competitive with rural Montana peers

Garfield's $802 monthly rent sits between Glacier County's lower $553 and Granite County's $734, offering a middle ground among sparsely populated counties. Homeownership costs $594 monthly, comparable to Glacier's $468 but notably cheaper than Granite's $608.

Rent and ownership split fairly evenly

Renters in Garfield dedicate $802 monthly to housing while owners pay $594, with median home values at $178,300. The county's 15.6% rent-to-income ratio means the typical household has room in their budget for other necessities.

A stable choice for rural Montana living

If you're weighing Montana counties, Garfield offers below-state-average affordability without the income demands of booming areas. Compare its $802 rent to neighbors and ask: can you build a life where housing doesn't squeeze your paycheck?

Cost of Living Advisory: Garfield County

Affordability Verdict

For renters in Garfield County, the market is affordable. Expect to pay around $802/month in gross rent, with 23.0% of renter households considered cost-burdened.

Rent vs. Own

Renters in Garfield County pay $802/month on average, compared to $594/month for homeowners. This market favors buyers by about 26%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $32,080/year. For owner costs at the 28% rule, the required income is roughly $25,457/year. With a median household income of $61,750, most households can comfortably afford rent here. Notably, 23.0% of renter households in Garfield County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Teton County where rent averages $750/month, Garfield County is approximately 7% more expensive.

Affordability Calculator

See how your income compares to housing costs in Garfield County

$

Rent Burden

15.6%

of gross income

Max Housing (28% Rule)

$1,441

per month

Owner Cost Burden

11.5%

of gross income

You can likely afford the median home in Garfield County

Median home value is $178,300. Estimated monthly cost: $1,423 vs. your max of $1,441.

Rent Affordability Guide

Your rent-to-income ratio15.6%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $61,750Needed: $32,080
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $61,750Needed: $25,457
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $61,750Needed: $41,495

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Garfield County, Montana?
Garfield County, Montana has a median monthly rent of $802/mo and a median home value of $178,300. The affordability rating is Unaffordable, with rent making up approximately 23.0% of median household income.
What is the median rent in Garfield County?
The median gross rent in Garfield County is $802/mo. This is 3% below state average for Montana.
Is Garfield County affordable?
Garfield County is rated Unaffordable based on rent-to-income ratio of 23.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Garfield County's rent compare to the state average?
Garfield County's median rent of $802/mo is 3% below state average of $825/mo for Montana.
What is the median home value in Garfield County?
The median home value in Garfield County, Montana is $178,300. This is 37% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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