Montana Real Estate
According to census data in the year 2000 there were 412,633 housing units in Montana.
This represents a 14.3% from 361,155 in 1990.
Of those housing units, 214,228 were located in either urbanized areas or urban clusters, and 198,405 were located in what is classified as a rural area.
Homeownership rate in Montana is about 69.1%.
Montana's vacancy rate, including seasonal lodging, is about 13.1%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in Montana were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.9% |
| One Bedroom | 12.3% |
| Two Bedrooms | 29.3% |
| Three Bedrooms | 35.3% |
| Four Bedrooms | 15.2% |
| Five Bedrooms or more | 5.1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $99,500 |
| Median Price asked for vacant units | $68,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.2 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $343 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.1% |
| Second Mortgage | 7.3% |
| Home Equity Loan | 6.3% |
| Simple Mortgage | 50.6% |
| Debt Free | 35.6% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.4% |
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