Cost of Living in Prairie County, Montana

$827/mo
Median Monthly Rent
$167,100
Median Home Value
0% above state averageUnaffordable

At a Glance

Median Monthly Rent
$827/mo
0% above state average
Median Home Value
$167,100
41% 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 Prairie County Compares

Median monthly rent comparison

Prairie County$827/mo
Montana Average$825/mo
National Median$1,163/mo

Detailed Housing Stats

$827/mo
Median Gross Rent
$167,100
Median Home Value
$672/mo
Monthly Owner Cost
23.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Prairie County, Montana

Prairie County faces severe affordability crisis

Prairie County's rent-to-income ratio of 22.0% is the highest in this analysis and far exceeds the national average—renters here dedicate over one-fifth of household income to housing alone. With the lowest median household income of just $45,192 and median rents of $827 monthly, Prairie County households face genuine affordability strain.

Montana's most strained rental market

Prairie County's 22.0% rent-to-income ratio crushes Montana's 15.9% state average by over 6 percentage points, making it the state's least affordable county by far. The median rent of $827 sits just $2 above the state median, but the county's low income of $45,192 creates an acute affordability crisis.

Income crisis drives affordability disaster

Prairie County's $827 median rent is competitive regionally, but the median household income of $45,192—$8,364 below Pondera County and $22,817 below Powder River County—creates the region's worst affordability. This income gap, not high rents, drives Prairie's 22.0% rent-to-income ratio.

Housing consumes half of some budgets

Renters in Prairie County pay $827 monthly (22.0% of median household income of $45,192), while homeowners spend $672 monthly (17.8% of income). Even homeownership here strains budgets significantly—Prairie County represents the region's most economically challenged housing landscape.

Prairie County poses relocation risks

Prairie County's 22.0% rent-to-income ratio and $45,192 median income signal serious affordability challenges for relocating families unless paired with significantly higher local job prospects. Carefully evaluate income opportunities before moving; neighboring Pondera County (18.1% ratio) or Phillips County (12.9% ratio) offer substantially better housing accessibility.

Affordability Calculator

See how your income compares to housing costs in Prairie County

$

Rent Burden

22.0%

of gross income

Max Housing (28% Rule)

$1,054

per month

Owner Cost Burden

17.8%

of gross income

The median home in Prairie County may be a stretch

Median home value is $167,100. Estimated monthly cost: $1,334 vs. your max of $1,054.

Rent Affordability Guide

Your rent-to-income ratio22.0%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Prairie County, Montana?
Prairie County, Montana has a median monthly rent of $827/mo and a median home value of $167,100. The affordability rating is Unaffordable, with rent making up approximately 23.0% of median household income.
What is the median rent in Prairie County?
The median gross rent in Prairie County is $827/mo. This is 0% above state average for Montana.
Is Prairie County affordable?
Prairie 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 Prairie County's rent compare to the state average?
Prairie County's median rent of $827/mo is 0% above state average of $825/mo for Montana.
What is the median home value in Prairie County?
The median home value in Prairie County, Montana is $167,100. This is 41% 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.