Butte-Silver Bow (balance): Housing & Real Estate

The median Butte-Silver Bow (balance) home is valued at $257,800 (estimated market value runs 10% higher at $284,183), with median rent $856 (1.1× higher than Silver Bow County median $793; 1.1× below Montana median $974). Homeownership rate: 70.7%. That's 1.3× higher than the Silver Bow County median ($195,800); 1.2× below the Montana median ($321,650). Market is warm. Vacancy rate 11.7%. New construction makes up 6.9% of stock. A municipal building code is in effect.

Home Values & Rent

Median home value $257,800 — 0.8× the Montana median ($321,649). Median rent $856/month. homeownership rate 70.7% — above the U.S. share of ~65%.

Affordability · Home Price To Income4.2×
Affordability · Home Affordabilitymoderate
Affordability · Rent Pct Income15.7%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened43.3%
Affordability · Poverty Rate14.8%
Affordability · Property Tax Pct Income4.1%
Fair Market Rent · Studio rent$1,028
Fair Market Rent · One-bedroom rent$1,149
Fair Market Rent · Two-bedroom rent$1,414
Fair Market Rent · Three-bedroom rent$1,967
Fair Market Rent · Four-bedroom rent$2,180
Fair Market Rent · HUD FMR areaSilver Bow County, MT
Fair Market Rent · Fiscal yearFY2026
Home Value Estimate$284,183
Median Home Value$257,800 (vs Montana $321,650)
Median Rent$856 (vs Montana $974)

Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Tenure & Occupancy

Owner-occupied vs renter-occupied housing units, plus vacancy rates.

Housing Market · Market temperaturewarm
Housing Market · Vacancy rate11.7%
Housing Market · New construction (% of stock)6.9%
Housing Market · Price Appreciation 2Yr14.5%

Utilities

Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).

Broadband · % of premises with 25/3 Mbps broadband100.0%
Broadband · % of premises with 100/20 Mbps broadband100.0%
Broadband · % of premises with 250/25 Mbps broadband100.0%
Broadband · % of premises with 1 Gbps / 100 Mbps broadband26.7%
Broadband · Broadband-capable premises19,563
Electricity · Electricity rate (¢/kWh)12.66¢/kWh
Electricity · Customers557,432
Electricity · Revenue Millions$722
Electricity · Year2024
Mobile Broadband · 3G mobile coverage0%
Mobile Broadband · 4G mobile coverage75%
Mobile Broadband · 5G mobile coverage56%

Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024  ·  Refreshed 2026-04-12

Other

Homeownership Rate70.7%
Median Year Built1957

Sources: Census ACS 5-Year 2023  ·  Refreshed 2026-04-12