Cost of Living in Pondera County, Montana

$806/mo
Median Monthly Rent
$179,200
Median Home Value

At a Glance

Median Monthly Rent
$806/mo
2% below state average
Median Home Value
$179,200
36% below national
Rent-to-Income Ratio
21.0%
% 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 Pondera County Compares

Median monthly rent comparison

Pondera County$806/mo
Montana Average$825/mo
National Median$1,163/mo

Detailed Housing Stats

$806/mo
Median Gross Rent
$179,200
Median Home Value
$621/mo
Monthly Owner Cost
21.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Pondera County ranks #1,453 of 3,144 counties for affordability (top 46%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Pondera County, Montana

Pondera County's affordability challenge deepens

Pondera County faces the highest rent-to-income ratio in this analysis at 18.1%, exceeding the national average by 3.4 percentage points and Montana's state average by 2.2 points. The median household income of $53,500 ranks among the lowest here, while $806 monthly rents consume nearly one-fifth of household income.

Montana's most strained rental market

Pondera County's 18.1% rent-to-income ratio significantly exceeds Montana's 15.9% state average, placing it among the state's least affordable counties. With rents of $806 monthly against a median income of just $53,500, Pondera renters face genuine affordability pressure statewide.

Highest burden despite moderate rents

Pondera County's $806 median rent falls between Petroleum County ($769) and Musselshell County ($865), yet its 18.1% rent-to-income ratio far exceeds all neighbors. The county's uniquely low median income of $53,500 creates this disparity—making housing unaffordable despite rents that seem moderate regionally.

Housing squeezes Pondera household budgets

Renters here spend $806 monthly (18.1% of median household income of $53,500), while homeowners pay $621 monthly (13.9% of income). The gap reveals that Pondera's rental market is substantially less affordable than ownership, and both exceed national norms—creating budget strain across housing types.

Pondera demands careful financial planning

Pondera County's 18.1% rent-to-income ratio signals affordability challenges for relocating families, despite median rents of $806. Consider higher-income opportunities before moving, or explore nearby Petroleum County's better rent-to-income ratio (15.6%) or Phillips County's exceptional affordability (12.9%).

Cost of Living Advisory: Pondera County

Affordability Verdict

Housing in Pondera County is affordable. The median rent is $806/month against a median household income of $53,500, putting rent at 18.1% of income.

Rent vs. Own

At $806/month rent versus $621/month in owner costs, owning is roughly $185/month cheaper — a 23% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $32,240/year. For owner costs at the 28% rule, the required income is roughly $26,614/year. With a median household income of $53,500, most households can comfortably afford rent here. Notably, 21.0% of renter households in Pondera County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Montana, Pondera County is more affordable than Toole County by roughly 7% ($806/mo vs $753/mo).

Affordability Calculator

See how your income compares to housing costs in Pondera County

$

Rent Burden

18.1%

of gross income

Max Housing (28% Rule)

$1,248

per month

Owner Cost Burden

13.9%

of gross income

The median home in Pondera County may be a stretch

Median home value is $179,200. Estimated monthly cost: $1,431 vs. your max of $1,248.

Rent Affordability Guide

Your rent-to-income ratio18.1%
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: $53,500Needed: $32,240
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $53,500Needed: $26,614
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $53,500Needed: $41,705

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 Pondera County, Montana?
Pondera County, Montana has a median monthly rent of $806/mo and a median home value of $179,200. The affordability rating is Unaffordable, with rent making up approximately 21.0% of median household income.
What is the median rent in Pondera County?
The median gross rent in Pondera County is $806/mo. This is 2% below state average for Montana.
Is Pondera County affordable?
Pondera County is rated Unaffordable based on rent-to-income ratio of 21.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Pondera County's rent compare to the state average?
Pondera County's median rent of $806/mo is 2% below state average of $825/mo for Montana.
What is the median home value in Pondera County?
The median home value in Pondera County, Montana is $179,200. This is 36% 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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