Cost of Living in Silver Bow County, Montana

$810/mo

Median Monthly Rent

$223,500

Median Home Value

2% below state averageUnaffordable

At a Glance

Median Monthly Rent

$810/mo

2% below state average

Median Home Value

$223,500

21% below national

Rent-to-Income Ratio

29.0%

% 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 Silver Bow County Compares

Median monthly rent comparison

Silver Bow County$810/mo

Montana Average$825/mo

National Median$1,163/mo

Detailed Housing Stats

$810/mo

Median Gross Rent

$223,500

Median Home Value

$944/mo

Monthly Owner Cost

29.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Silver Bow County, Montana

Silver Bow faces rental affordability pressure

Silver Bow County's 16.9% rent-to-income ratio significantly exceeds the national average, straining renters despite moderate housing costs. With median rent of $810 on a median household income of $57,504, Silver Bow residents spend above-average shares of earnings on housing.

Among Montana's more burdened renters

Silver Bow's 16.9% rent-to-income ratio tops Montana's state average of 15.9%, marking it as one of the state's less affordable rental markets. Median rent of $810 moderately exceeds the state average, but low incomes amplify the burden.

Higher rent-to-income burden than peers

Silver Bow's 16.9% ratio ranks among the region's worst, exceeded only by Ravalli (17.7%) and Sanders (17.2%). At $810 monthly rent, Silver Bow sits mid-range across the county profile but its lower income of $57,504 creates disproportionate hardship.

Silver Bow's strained housing economics

Renters spend 16.9% of a $57,504 annual income—$810 monthly—on housing, among the highest burdens analyzed. Homeowners face even steeper pressure, with $944 monthly owner costs consuming 19.7% of household income for median homes valued at $223,500.

Requires careful financial planning before moving

Silver Bow's housing costs consume significantly larger income shares than neighboring alternatives like Rosebud or Sheridan. Before relocating here, ensure your earning potential exceeds county averages or prioritize counties with better rent-to-income ratios.

Affordability Calculator

See how your income compares to housing costs in Silver Bow County

Your Annual Household Income

Rent Burden

16.9%

of gross income

Max Housing (28% Rule)

$1,342

per month

Owner Cost Burden

19.7%

of gross income

The median home in Silver Bow County may be a stretch

Median home value is $223,500. Estimated monthly cost: $1,784 vs. your max of $1,342.

Rent Affordability Guide

Your rent-to-income ratio16.9%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Silver Bow County, Montana?

Silver Bow County, Montana has a median monthly rent of $810/mo and a median home value of $223,500. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.

What is the median rent in Silver Bow County?

The median gross rent in Silver Bow County is $810/mo. This is 2% below state average for Montana.

Is Silver Bow County affordable?

Silver Bow County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.

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

Silver Bow County's median rent of $810/mo is 2% below state average of $825/mo for Montana.

What is the median home value in Silver Bow County?

The median home value in Silver Bow County, Montana is $223,500. This is 21% below the national median home value of $281,900.