Cost of Living in Powder River County, Montana

$609/mo
Median Monthly Rent
$149,400
Median Home Value
26% below state averageUnaffordable

At a Glance

Median Monthly Rent
$609/mo
26% below state average
Median Home Value
$149,400
47% below national
Rent-to-Income Ratio
16.0%
% 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 Powder River County Compares

Median monthly rent comparison

Powder River County$609/mo
Montana Average$825/mo
National Median$1,163/mo

Detailed Housing Stats

$609/mo
Median Gross Rent
$149,400
Median Home Value
$713/mo
Monthly Owner Cost
16.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Powder River County, Montana

Powder River County: rentability champion

Powder River County's rent-to-income ratio of just 10.8% ranks among the nation's most affordable and beats Montana's state average by 5.1 percentage points. At $609 monthly, rents consume the smallest share of income across this entire analysis—a genuine outlier for housing accessibility.

Montana's most affordable rental market

Powder River County's 10.8% rent-to-income ratio sits nearly 5 percentage points below Montana's 15.9% state average, making it the state's most affordable county by this metric. The median rent of $609 represents a 26% discount to the state median of $825, delivering exceptional rental value.

Lowest rents paired with strong income

Powder River County's $609 median rent is the cheapest in the regional cluster, $14 below Phillips County ($623), $160 below Petroleum County ($769), and $318 below Musselshell County ($865). Combined with the highest median household income of $68,009 among its neighbors, Powder River achieves superior affordability through both low costs and higher pay.

Renters enjoy exceptional value here

Renters pay just $609 monthly (10.8% of median household income of $68,009), while homeowners spend $713 monthly (12.6% of income). Powder River County reverses typical patterns: homeownership carries slightly higher burden than renting, yet both remain exceptionally affordable.

Powder River County: top choice for renters

If affordable housing is your goal, Powder River County delivers unmatched rental value at $609 monthly and 10.8% of income—the lowest burden in this entire analysis. The combination of low rents and the region's highest median income ($68,009) makes this county the standout choice for financial-conscious relocators.

Affordability Calculator

See how your income compares to housing costs in Powder River County

$

Rent Burden

10.7%

of gross income

Max Housing (28% Rule)

$1,587

per month

Owner Cost Burden

12.6%

of gross income

You can likely afford the median home in Powder River County

Median home value is $149,400. Estimated monthly cost: $1,193 vs. your max of $1,587.

Rent Affordability Guide

Your rent-to-income ratio10.7%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Powder River County, Montana?
Powder River County, Montana has a median monthly rent of $609/mo and a median home value of $149,400. The affordability rating is Unaffordable, with rent making up approximately 16.0% of median household income.
What is the median rent in Powder River County?
The median gross rent in Powder River County is $609/mo. This is 26% below state average for Montana.
Is Powder River County affordable?
Powder River County is rated Unaffordable based on rent-to-income ratio of 16.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Powder River County's rent compare to the state average?
Powder River County's median rent of $609/mo is 26% below state average of $825/mo for Montana.
What is the median home value in Powder River County?
The median home value in Powder River County, Montana is $149,400. This is 47% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.