Rental numbers for the Helena, MT metro
The typical home here runs -$1,982 a month at 7.78% with 25% down. 0 of 3 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 4.3%.
- Gross yield
- 4.1%
- typical home, Zillow
- Median ZIP yield
- 4.3%
- 3 ZIPs with full data
- Cash flow
- -$1,982/mo
- at 7.78%, 25% down
- Typical price
- $476,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,610/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
15 with published figures
| 59631Basin | $292,000 | $1,380* | 5.7% | 2.5% | -$952 | n/a |
| 59410Augusta | $321,000 | $1,270* | 4.8% | 1.9% | -$1,214 | n/a |
| 59635East Helena | $436,000 | $1,625 | 4.5% | 1.7% | -$1,732 | n/a |
| 59722Deer Lodge | $307,000 | $1,130* | 4.4% | 1.4% | -$1,297 | n/a |
| 59602Helena | $533,000 | $1,887 | 4.3% | 1.6% | -$2,165 | n/a |
| 59648Wolf Creek | $478,000 | $1,690* | 4.2% | 1.8% | -$1,871 | n/a |
| 59632Boulder | $350,000 | $1,230* | 4.2% | 1.4% | -$1,478 | n/a |
| 59601Helena | $442,000 | $1,515 | 4.1% | 1.2% | -$1,932 | +2.3% |
| 59436Fairfield | $444,000 | $1,500* | 4.1% | 1.4% | -$1,868 | n/a |
| 59639Lincoln | $368,000 | $1,180* | 3.9% | 1.2% | -$1,606 | n/a |
| 59759Whitehall | $453,000 | $1,450* | 3.8% | 1.4% | -$1,912 | n/a |
| 59633Canyon Creek | $517,000 | $1,510* | 3.5% | 1.1% | -$2,313 | n/a |
| 59638Clancy | $570,000 | $1,560* | 3.3% | 0.9% | -$2,623 | n/a |
| 59634Clancy | $649,000 | $1,750* | 3.2% | 0.9% | -$3,024 | n/a |
| 59721Cardwell | $557,000 | $1,350* | 2.9% | 0.8% | -$2,619 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +3.2%
- Rent, 12 months
- +2.9%
- Rent minus price growth
- -0.4 pts
- Property tax
- 0.63%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $368,348 | n/a |
| Aug 2022 | $434,003 | n/a |
| Aug 2023 | $433,313 | $1,398 |
| Aug 2024 | $449,693 | $1,506 |
| Aug 2025 | $461,066 | $1,565 |
| Aug 2026 | $475,936 | $1,610 |
Counties
- Lewis and Clark County, MT4.3% median yield
- Teton County, MTn/a median yield
- Jefferson County, MTn/a median yield
- Madison County, MTn/a median yield
- Powell County, MTn/a median yield
Tools
Questions
- Is the Helena, MT metro good for rental property?
- The typical home here runs -$1,982 a month at 7.78% with 25% down. 0 of 3 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 4.3%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Helena, MT metro have the highest rental yield?
- 59635 (East Helena) at 4.5%, 59602 (Helena) at 4.3%, 59601 (Helena) at 4.1%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.