Cost of Living in Ravalli County, Montana

$1,054/mo
Median Monthly Rent
$435,000
Median Home Value
28% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,054/mo
28% above state average
Median Home Value
$435,000
54% above national
Rent-to-Income Ratio
28.0%
% 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 Ravalli County Compares

Median monthly rent comparison

Ravalli County$1,054/mo
Montana Average$825/mo
National Median$1,163/mo

Detailed Housing Stats

$1,054/mo
Median Gross Rent
$435,000
Median Home Value
$1,065/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Ravalli County, Montana

Ravalli's rent pinch vs. the nation

Ravalli County residents spend 17.7% of household income on rent, nearly 2 percentage points above the national average of around 15.9%. With a median household income of $71,323—slightly below the national median of $74,755—renters here face tighter housing budgets than most Americans.

Among Montana counties, less affordable

Ravalli's 17.7% rent-to-income ratio ranks it among Montana's less affordable counties, above the state average of 15.9%. At $1,054 monthly rent versus the state median of $825, Ravalli's housing costs significantly outpace rural county peers.

Pricier than Missoula area rivals

Ravalli renters pay $1,054 monthly—$229 more than neighboring Rosebud County and $186 more than Sanders County. Only Stillwater County to the northeast shows comparable rental costs, suggesting Ravalli occupies a unique affordability zone in southwestern Montana.

Where Ravalli income goes to housing

A typical Ravalli renter spends 17.7% of $71,323 annual income on rent alone—$1,054 monthly. Homeowners fare better proportionally, with a median monthly cost of $1,065 capturing about 17.9% of household income, while median home values reach $435,000.

Consider your housing priorities here

If you're weighing Ravalli's higher rent and home prices against Montana alternatives, nearby Rosebud ($644 rent) and Sheridan ($749 rent) counties offer significantly lower housing costs. Stillwater County ($81,503 median income) provides the highest earning potential in this region, offsetting higher ownership costs.

Affordability Calculator

See how your income compares to housing costs in Ravalli County

$

Rent Burden

17.7%

of gross income

Max Housing (28% Rule)

$1,664

per month

Owner Cost Burden

17.9%

of gross income

The median home in Ravalli County may be a stretch

Median home value is $435,000. Estimated monthly cost: $3,473 vs. your max of $1,664.

Rent Affordability Guide

Your rent-to-income ratio17.7%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Ravalli County, Montana?
Ravalli County, Montana has a median monthly rent of $1,054/mo and a median home value of $435,000. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Ravalli County?
The median gross rent in Ravalli County is $1,054/mo. This is 28% above state average for Montana.
Is Ravalli County affordable?
Ravalli County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Ravalli County's rent compare to the state average?
Ravalli County's median rent of $1,054/mo is 28% above state average of $825/mo for Montana.
What is the median home value in Ravalli County?
The median home value in Ravalli County, Montana is $435,000. This is 54% above 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.