Cost of Living in Richland County, Montana

$866/mo

Median Monthly Rent

$259,000

Median Home Value

5% above state averageUnaffordable

At a Glance

Median Monthly Rent

$866/mo

5% above state average

Median Home Value

$259,000

8% below national

Rent-to-Income Ratio

22.0%

% 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 Richland County Compares

Median monthly rent comparison

Richland County$866/mo

Montana Average$825/mo

National Median$1,163/mo

Detailed Housing Stats

$866/mo

Median Gross Rent

$259,000

Median Home Value

$825/mo

Monthly Owner Cost

22.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Richland County, Montana

Richland stays below national affordability strain

Richland County's 14.9% rent-to-income ratio sits comfortably below the national benchmark of around 15.9%, making it one of Montana's more affordable rental markets. With a median household income of $69,578 and median rent of $866, households here maintain breathing room in housing budgets.

Montana's sweet spot for affordability

Richland ranks among Montana's most affordable counties, with its 14.9% rent-to-income ratio undercutting the state average of 15.9% by a full percentage point. Median rent matches the state average exactly at $825, offering solid stability for renters.

Competitive with northeastern Montana peers

Richland's $866 monthly rent positions it slightly above neighboring Roosevelt County ($707) but below Sheridan County ($749). As an agricultural hub in the northeast, Richland offers moderate housing costs aligned with the region's rural character.

Richland's balanced housing economics

Renters allocate 14.9% of a $69,578 median income—or $866 monthly—to housing costs. Homeowners carry a $825 monthly payment for a median home value of $259,000, making both rental and ownership accessible compared to state and national benchmarks.

A stable choice for budget-conscious movers

Richland offers rare affordability equilibrium: rents match the state average while rent-to-income ratios beat it. If you're relocating to Montana and prioritizing stable, sustainable housing costs, Richland's northeastern location and balanced economics merit serious consideration.

Affordability Calculator

See how your income compares to housing costs in Richland County

Your Annual Household Income

Rent Burden

14.9%

of gross income

Max Housing (28% Rule)

$1,623

per month

Owner Cost Burden

14.2%

of gross income

The median home in Richland County may be a stretch

Median home value is $259,000. Estimated monthly cost: $2,068 vs. your max of $1,623.

Rent Affordability Guide

Your rent-to-income ratio14.9%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Richland County, Montana?

Richland County, Montana has a median monthly rent of $866/mo and a median home value of $259,000. The affordability rating is Unaffordable, with rent making up approximately 22.0% of median household income.

What is the median rent in Richland County?

The median gross rent in Richland County is $866/mo. This is 5% above state average for Montana.

Is Richland County affordable?

Richland County is rated Unaffordable based on rent-to-income ratio of 22.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Richland County's rent compare to the state average?

Richland County's median rent of $866/mo is 5% above state average of $825/mo for Montana.

What is the median home value in Richland County?

The median home value in Richland County, Montana is $259,000. This is 8% below the national median home value of $281,900.