Montana

Madison County

ZIP 59716

8,975 residents14 permits TTM$67,420 median HHI12 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$440,500

ACS 5-Year

Cap rate proxy

3.2%

FMR × 0.65 ÷ Home Value

Rent-to-income

20.6%

HUD FMR ÷ ACS HHI

Net migration

+1.31%

IRS SOI

Permits (TTM)

14

Census BPS

Climate risk

41.0

FEMA NRI (0–100)

ZIP 59716

Median home value

$440,500

Gross yield

4.2%

Cap rate

3.2%

Rent gap

24.7%

Affordability

P/I: 27.1R/I:

Section 8 detail

SAFMR: $1,540Rent: $1,159Gap: 32.9%
ZIP code breakdown12 ZIP codes

Numbers repeat across most ZIPs in this county

ZIP-level home-value data isn't published for rural areas. Federal sources (Census ACS, HUD non-metro FMR) are available at the county level only, so home-value, cap-rate, and rent-gap numbers use the county estimate for every ZIP in the county.

ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
59710$440,500county est.$1,5404.2%3.2%24.7%
59716$440,500county est.$1,5404.2%3.2%24.7%
59720$440,500county est.$1,5404.2%3.2%24.7%
59729$629,515$1,5402.9%2.2%24.7%
59735$440,500county est.$1,5404.2%3.2%24.7%

Ranked by composite score

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Demographics

Owner-occupied

80.6%

Census ACS

Vacancy rate

42.2%

Census ACS

Bachelor's degree +

34.3%

Census ACS

Rent burdened

28.9%

Census ACS (>30% income)

Median age

54.1

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026