Metro areas in Montana: income, rent and home values
Montana has 5 metropolitan areas with annual Census data, led by Billings, MT with 193,603 residents. Household incomes are highest in Bozeman, MT ($102,218). Renters spend the smallest share of income in Great Falls, MT (26.6%) and the largest in Bozeman, MT (32.2%). The fastest-growing metro since 2021 is Helena, MT (+16.9%).
| Metro area | Population | Median income | Median rent | Home value | Rent / income |
|---|---|---|---|---|---|
| Billings, MT | 193,603 | $81,211 | $1,290 | $402,000 | 31.6% |
| Missoula, MT | 129,569 | $76,333 | $1,420 | $531,300 | 31.9% |
| Bozeman, MT | 128,740 | $102,218 | $1,825 | $750,400 | 32.2% |
| Helena, MT | 99,188 | $87,718 | $1,268 | $481,200 | 28.1% |
| Great Falls, MT | 85,029 | $68,205 | $996 | $351,300 | 26.6% |
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Montana at a glance
What is the most affordable metro area in Montana for renters?+
Great Falls, MT, where renters spend a median 26.6% of household income on rent (2025 Census data).
Which metro area in Montana has the highest income?+
Bozeman, MT, with a median household income of $102,218 in 2025.
How many metro areas are in Montana?+
5 metropolitan statistical areas in Montana have annual Census estimates (population 65,000+).
Source: U.S. Census Bureau, American Community Survey 2025 1-year estimates (released September 2026), with 2024 and 2021 for trends. Figures are survey estimates with margins of error; small differences between metros may not be meaningful. Metro areas use the official Metropolitan Statistical Area boundaries. Compiled and analyzed by Metro Research. Methodology.