Great Falls, MT · Montana

Cascade County

ZIP 59477

84,601 residents246 permits TTM$66,203 median HHI15 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$243,300

ACS 5-Year

Cap rate proxy

4.4%

FMR × 0.65 ÷ Home Value

Rent-to-income

16.3%

HUD FMR ÷ ACS HHI

Net migration

+0.96%

IRS SOI

Permits (TTM)

246

Census BPS

Climate risk

83.1

FEMA NRI (0–100)

ZIP 59477

Median home value

Gross yield

Cap rate

4.4%

Rent gap

Affordability

P/I: 5.3R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown15 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
594144.6%
594654.4%
594724.4%
594014.9%
594045.7%

Ranked by composite score

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Demographics

Owner-occupied

70.2%

Census ACS

Vacancy rate

11.1%

Census ACS

Bachelor's degree +

28.7%

Census ACS

Rent burdened

40.0%

Census ACS (>30% income)

Median age

38.3

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