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Montana

State Investment Grade

Based on city averages
B+
69/100
BUY
Market Grade Distribution
A+
1 (3%)
A
1 (3%)
B+
1 (3%)
B
3 (10%)
C
2 (7%)
D
13 (43%)
F
9 (30%)

State grade is based on the top-performing cities in the state. Adding more markets won't lower the grade — it only improves when quality cities are added.

STR Rules
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Avg ADR
$215
Median Home
$450K
1Y Appreciation
+0.9%

Market estimates · Updated Feb 2026

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30 markets found

Cut Bank
Glacier County
A+
87
Score
ADR
$429
Occupancy
40%
Monthly
$5,146
Price
$173K
East Glacier Park
Glacier County
A
84
Score
ADR
$233
Occupancy
53%
Monthly
$3,704
Price
$207K
St. Mary
Glacier County
B+
65
Score
ADR
$202
Occupancy
59%
Monthly
$3,575
Price
$304K
Billings
Yellowstone County
B
64
Score
ADR
$249
Occupancy
67%
Monthly
$5,005
Price
$385K
Hungry Horse
Flathead County
B
62
Score
ADR
$296
Occupancy
45%
Monthly
$4,000
Price
$336K
Coram
Flathead County
B
62
Score
ADR
$301
Occupancy
48%
Monthly
$4,333
Price
$345K
Glacier
Flathead County
C
49
Score
ADR
$359
Occupancy
48%
Monthly
$5,167
Price
$420K
Essex
Flathead County
C
46
Score
ADR
$278
Occupancy
42%
Monthly
$3,500
Price
$398K
Choteau
Teton County
D
44
Score
ADR
$135
Occupancy
39%
Monthly
$1,579
Price
$283K
West Yellowstone
Gallatin County
D
42
Score
ADR
$295
Occupancy
62%
Monthly
$5,487
Price
$601K
Apgar
Flathead County
D
42
Score
ADR
$169
Occupancy
52%
Monthly
$2,636
Price
$338K
Missoula
Missoula County
D
41
Score
ADR
$165
Occupancy
58%
Monthly
$2,871
Price
$547K
Ennis
Madison County
D
41
Score
ADR
$220
Occupancy
50%
Monthly
$3,300
Price
$615K
Cooke City
Park County
D
41
Score
ADR
$205
Occupancy
52%
Monthly
$3,198
Price
$414K
Gardiner
Park County
D
41
Score
ADR
$182
Occupancy
51%
Monthly
$2,784
Price
$717K
Seeley Lake
Missoula County
D
39
Score
ADR
$318
Occupancy
48%
Monthly
$4,583
Price
$521K
Red Lodge
Carbon County
D
38
Score
ADR
$225
Occupancy
52%
Monthly
$3,510
Price
$490K
Condon
Missoula County
D
38
Score
ADR
$296
Occupancy
45%
Monthly
$4,000
Price
$643K
Silver Gate
Park County
D
38
Score
ADR
$206
Occupancy
49%
Monthly
$3,028
Price
$749K
Helena
Lewis and Clark County
D
37
Score
ADR
$157
Occupancy
64%
Monthly
$3,014
Price
$459K
Bigfork
Flathead County
D
37
Score
ADR
$394
Occupancy
55%
Monthly
$6,500
Price
$759K
Polson
Lake County
F
34
Score
ADR
$344
Occupancy
50%
Monthly
$5,167
Price
$541K
Lakeside
Flathead County
F
34
Score
ADR
$378
Occupancy
50%
Monthly
$5,667
Price
$824K
Somers
Flathead County
F
34
Score
ADR
$359
Occupancy
48%
Monthly
$5,167
Price
$660K
Bozeman
Gallatin County
F
32
Score
ADR
$225
Occupancy
62%
Monthly
$4,185
Price
$703K
Whitefish
Flathead County
F
32
Score
ADR
$285
Occupancy
58%
Monthly
$4,959
Price
$835K
Big Sky
Gallatin County
F
32
Score
ADR
$425
Occupancy
55%
Monthly
$7,013
Price
$1785K
Kalispell
Flathead County
F
32
Score
ADR
$195
Occupancy
55%
Monthly
$3,218
Price
$538K
Livingston
Park County
F
32
Score
ADR
$201
Occupancy
55%
Monthly
$3,316
Price
$510K
Columbia Falls
Flathead County
F
29
Score
ADR
$321
Occupancy
45%
Monthly
$4,333
Price
$582K

Montana is rated B+ for Airbnb investment (BUY) with 30 tracked STR markets. The state averages $215/night ADR and $449,640 median home value, with 0.9% annual appreciation. Net domestic migration: +32,000 residents/year.Top-graded cities include Cut Bank, East Glacier Park.Data powered by Edge by Teeco using estimated market data.