Cost of Living in Liberty County, Montana

$668/mo
Median Monthly Rent
$116,800
Median Home Value

At a Glance

Median Monthly Rent
$668/mo
19% below state average
Median Home Value
$116,800
59% below national
Rent-to-Income Ratio
24.0%
% 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 Liberty County Compares

Median monthly rent comparison

Liberty County$668/mo
Montana Average$825/mo
National Median$1,163/mo

Detailed Housing Stats

$668/mo
Median Gross Rent
$116,800
Median Home Value
$718/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Liberty County ranks #855 of 3,144 counties for affordability (top 27%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Liberty County, Montana

Liberty County offers surprising affordability

Liberty County renters spend just 15.1% of household income on housing, slightly below the national standard and nearly identical to the Montana state average of 15.9%. At $668 per month, median rent is 19% below the state average, making this northeastern county genuinely affordable for renting households.

Middle-of-pack affordability for Montana

Liberty County ranks squarely at the state median for rental affordability, with its 15.1% rent-to-income ratio placing it very close to Montana's 15.9% average. This consistency masks a critical factor: local median household income of $53,264 is substantially below the state norm, suggesting limited wage opportunities.

Cheapest rents in this corner of Montana

Liberty County's $668 rent is the lowest among these eight surveyed counties and significantly undercuts neighbors McCone County ($543 for ownership but in a different economic zone) and the pricier western counties. This affordability advantage pairs with a rural lifestyle and wide open spaces.

Low costs, but lower incomes too

The median household income of $53,264 means renters pay roughly $8,000 annually for a $668 monthly rent—a reasonable portion of their budget. However, homeowners paying $718 monthly ($8,616 yearly) face similar pressures on incomes that are $21,491 below the national median.

Ideal for remote workers seeking rural living

Liberty County's low rent of $668 and 15.1% housing ratio make it attractive for remote workers who can maintain higher incomes from afar. If you're relocating for flexibility and affordability, verify your remote work arrangement can sustain you—local wage opportunities remain limited.

Cost of Living Advisory: Liberty County

Affordability Verdict

Liberty County offers affordable rental housing at a median of $668/month — about 15.0% of the typical household income here.

Rent vs. Own

At $668/month rent versus $718/month in owner costs, renting is roughly $50/month cheaper — a 7% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $26,720/year. For owner costs at the 28% rule, the required income is roughly $30,771/year. With a median household income of $53,264, most households can comfortably afford rent here. Notably, 24.0% of renter households in Liberty County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Liberty County sits 10% more expensive than Powder River County ($609/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Liberty County

$

Rent Burden

15.0%

of gross income

Max Housing (28% Rule)

$1,243

per month

Owner Cost Burden

16.2%

of gross income

You can likely afford the median home in Liberty County

Median home value is $116,800. Estimated monthly cost: $932 vs. your max of $1,243.

Rent Affordability Guide

Your rent-to-income ratio15.0%
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: $53,264Needed: $26,720
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $53,264Needed: $30,771
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $53,264Needed: $27,183

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 Liberty County, Montana?
Liberty County, Montana has a median monthly rent of $668/mo and a median home value of $116,800. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Liberty County?
The median gross rent in Liberty County is $668/mo. This is 19% below state average for Montana.
Is Liberty County affordable?
Liberty County is rated Unaffordable based on rent-to-income ratio of 24.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Liberty County's rent compare to the state average?
Liberty County's median rent of $668/mo is 19% below state average of $825/mo for Montana.
What is the median home value in Liberty County?
The median home value in Liberty County, Montana is $116,800. This is 59% 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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