Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Lake County, Montana?
County · Census ACS 5-Year estimates
The median gross rent in Lake County, Montana is $901/month (±$42), based on Census ACS 5-Year estimates (2024). The median home value is $421,800 (±$19,570), and the median household income is $63,360/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Average Rent in Lake County, Montana and Neighbouring Counties
Housing Metrics for Lake County, Montana
| Metric | Value |
|---|---|
| Median Gross Rent | $901 |
| Median Home Value | $421,800 |
| Median Household Income | $63,360 |
| Total Housing Units | 12,576 |
| Renter-Occupied Units | 3,138 |
| Renter-Occupied Share | 25% |
| Households Paying 50%+ Income | 546 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| Studio | $950 | -6.3% |
| 1 BR | $761 | -11.5% |
| 2 BR | $939 | -30.5% |
| 3 BR | $1,023 | -36.9% |
| 4 BR | $1,222 | -50.9% |
| 5+ BR | $869 | -51.3% |
How does Lake County, Montana compare?
Median gross rent ranked against all counties in Montana.
Higher rent than 68% of counties in Montana · 19th of 56
| # | County | Value |
|---|---|---|
| 1 | Gallatin County | $1,694 |
| 2 | Meagher County | $1,263 |
| 3 | Missoula County | $1,190 |
| … 15 more … | ||
| 19 | Lake County(you are here) | $901 |
| … 34 more … | ||
| 53 | Phillips County | $536 |
| 55 | Powder River County | $533 |
| 56 | Judith Basin County | $495 |
More data for Lake County, Montana
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Frequently asked questions
What is the average rent in Lake County, Montana?
The median gross rent in Lake County, Montana is $901/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Lake County, Montana?
The median rent for a 2-bedroom in Lake County, Montana is $939/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$52. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Lake County, Montana?
The median home value in Lake County, Montana is $421,800 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Lake County are rent-burdened?
In Lake County, Montana, 546 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Lake County, Montana?
The median household income in Lake County, Montana is $63,360/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $901 has a margin of error of ±$42. In very small areas, MOEs can be large relative to the estimate.
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