Cost of Living in Powell County, Montana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Powell County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Powell County, Montana
Powell County balances rents and ownership
Powell County's rent-to-income ratio of 14.6% sits comfortably below the national average and slightly below Montana's 15.9% state standard. With a median household income of $63,432 and rents of $770 monthly, Powell County offers relatively balanced housing affordability compared to national patterns.
Solid middle ground in Montana's housing market
Powell County's 14.6% rent-to-income ratio runs 1.3 percentage points below Montana's state average of 15.9%, placing it among the state's more affordable counties. The median rent of $770 sits just below the state median of $825, delivering consistent value.
Competitive pricing between renters and owners
Powell County's median rent of $770 runs slightly higher than Petroleum County ($769) and Phillips County ($623) but substantially lower than Park County ($927). However, Powell's median home value of $255,700 exceeds all neighbors except Park County, creating a trade-off between rental and ownership affordability.
Homeownership carries steeper cost here
Renters in Powell County pay $770 monthly (14.6% of median household income of $63,432), while homeowners spend $893 monthly (16.9% of income). This county uniquely burdens homeowners more than renters—a pattern suggesting that owning here requires financial commitment despite moderate median home values of $255,700.
Powell County favors renters over buyers
Powell County presents an unusual advantage for renters, with a 14.6% housing burden that undercuts Montana's average, while homeownership at $893 monthly consumes nearly 17% of income. If renting appeals, Powell offers solid value; buyers should budget carefully against the county's $255,700 median home values.
Affordability Calculator
See how your income compares to housing costs in Powell County
Rent Burden
14.6%
of gross income
Max Housing (28% Rule)
$1,480
per month
Owner Cost Burden
16.9%
of gross income
The median home in Powell County may be a stretch
Median home value is $255,700. Estimated monthly cost: $2,041 vs. your max of $1,480.
Rent Affordability Guide
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.