CostBy County

Cost of Living in Wheatland County, Montana

$730/mo
Median Monthly Rent
$180,800
Median Home Value

At a Glance

Median Monthly Rent
$730/mo
13% below state average
Median Home Value
$180,800
46% below national
Census GRAPI
18.8%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Wheatland County Compares

Median monthly rent comparison

Wheatland County$730/mo
Montana Average$842/mo
National Median$1,413/mo

Detailed Housing Stats

$730/mo
Median Gross Rent
$180,800
Median Home Value
$576/mo
Monthly Owner Cost
18.8%
Census GRAPI

National Ranking

Affordability Rank

Wheatland County ranks #344 of 3,142 counties for affordability (top 11%)

Most AffordableLeast Affordable

Sourced county brief

Wheatland County Median Monthly Owner Costs Reach $576

In Wheatland County, median selected monthly owner costs for all owner-occupied units were $576, which is $266 below the Montana unweighted county mean of $842. The median gross rent was $730 per month, also below the state unweighted county mean of $842. The official GRAPI was 18.8%, marking a difference of 5.3 percentage points below the state unweighted county mean official GRAPI of 24.1%. Median renter-household income was estimated at $34,063. The median home value was $180,800, which is $96,077 lower than the Montana unweighted county mean of $276,877. The affordability metric used here is the official ACS B25071 median gross rent as a percentage of household income. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Wheatland County

Affordability Verdict

ACS B25071 estimates median gross rent at 18.8% of renter household income in Wheatland County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $730 per month; median selected monthly owner costs are $576. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $29,200 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Montana unweighted mean of county median rents is $842 per month. Wheatland County's $730 median is 13.3% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Wheatland County

$

Rent Burden

17.7%

of gross income

Max Housing (28% Rule)

$1,155

per month

Owner Cost Burden

14.0%

of gross income

The median home in Wheatland County may be a stretch

Median home value is $180,800. Estimated monthly cost: $1,443 vs. your max of $1,155.

Rent Affordability Guide

Your entered rent as a share of entered income17.7%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $49,489Needed: $29,200
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $49,489Needed: $24,686
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $49,489Needed: $42,077

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Wheatland County, Montana?
Wheatland County, Montana has a median monthly rent of $730/mo and a median home value of $180,800. The affordability rating is Affordable, with median gross rent equal to approximately 18.8% of renter household income.
What is the median rent in Wheatland County?
The median gross rent in Wheatland County is $730/mo. This is 13% below state average for Montana.
Is Wheatland County affordable?
Wheatland County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 18.8%. Median gross rent is under 30% of renter household income.
How does Wheatland County's rent compare to the state average?
Wheatland County's median rent of $730/mo is 13% below state average of $842/mo for Montana.
What is the median home value in Wheatland County?
The median home value in Wheatland County, Montana is $180,800. This is 46% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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