Cost of Living in Teton County, Montana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Teton County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Teton County, Montana
Teton offers some relief from national trends
Teton County's rent-to-income ratio of 13.3% is comfortably below the U.S. average and well under the national norm of around 15%, making housing costs here relatively manageable. Though median household income of $67,766 trails the national figure of $74,755, the $750 median monthly rent keeps overall affordability competitive.
Montana's most affordable rental market
Teton County boasts one of Montana's lowest rent-to-income ratios at 13.3%, significantly outpacing the state average of 15.9%. Its $750 median rent is the lowest in this survey and well below Montana's state median of $825.
The bargain basement of regional rents
Teton County's $750 rent undercuts every nearby county in this analysis, from Valley County ($769) to Treasure County ($992). Homeownership costs here are comparable to neighbors, but the rental advantage is Teton's defining housing strength.
Balanced affordability across housing types
Renters spend just $750 monthly (13.3% of income), while homeowners pay $859 on a median home value of $235,500. Teton households enjoy relatively low housing burdens overall, with neither rent nor mortgage claiming an outsized share of earnings.
Budget-conscious renters should look here
Teton County delivers Montana's best rental affordability with rents that won't dominate your monthly budget—a rare find in the state. If you're relocating and price-sensitive, this county outperforms nearly all regional peers on housing costs.
Affordability Calculator
See how your income compares to housing costs in Teton County
Rent Burden
13.3%
of gross income
Max Housing (28% Rule)
$1,581
per month
Owner Cost Burden
15.2%
of gross income
The median home in Teton County may be a stretch
Median home value is $235,500. Estimated monthly cost: $1,880 vs. your max of $1,581.
Rent Affordability Guide
Frequently Asked Questions
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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.