Montana
Ravalli County
ZIP 59829
45,807 residents24 permits TTM$71,323 median HHI9 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$435,000
ACS 5-Year
Cap rate proxy
2.9%
FMR × 0.65 ÷ Home Value
Rent-to-income
17.7%
HUD FMR ÷ ACS HHI
Net migration
+1.46%
IRS SOI
Permits (TTM)
24
Census BPS
Climate risk
78.5
FEMA NRI (0–100)
ZIP 59829
Median home value
$547,466
Gross yield
3.1%
Cap rate
2.3%
Rent gap
25.9%
Affordability
P/I: 7.7R/I: —
Section 8 detail
SAFMR: $1,423Rent: $1,054Gap: 35.0%
ZIP code breakdown9 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 59827 | $435,000county est. | $1,423 | 3.9% | 2.9% | 25.9% |
| 59828 | $645,643 | $1,423 | 2.6% | 2.0% | 25.9% |
| 59829 | $547,466 | $1,423 | 3.1% | 2.3% | 25.9% |
| 59833 | $634,310 | $1,423 | 2.7% | 2.0% | 25.9% |
| 59840 | $519,355 | $1,423 | 3.3% | 2.4% | 25.9% |
Ranked by composite score
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Demographics
Owner-occupied
78.6%
Census ACS
Vacancy rate
11.0%
Census ACS
Bachelor's degree +
29.8%
Census ACS
Rent burdened
40.7%
Census ACS (>30% income)
Median age
48.9
Census ACS
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