Department of Numbers

Flathead County Montana Residential Rent and Rental Statistics

The median monthly gross residential rent in Flathead County MT was $726 in 2017 according to the Census ACS survey.1 Average gross rent in Flathead County was $715 in 2017. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2018 Flathead County median and average rent data will be released in September of 2019.

Data is also available below for Flathead County rental vacancy rates, Flathead County rent as a percent of median income and the fraction of renters in Flathead County.

Show dollars as: Nominal Real

Real Gross Rent in Flathead County Montana (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Montana Median Gross Rent $759 +0.80% +4.26%
Flathead County MT Median Gross Rent $726 -13.98% -9.81%

Flathead County MT Real Gross Rent Trends

Median gross rent for Flathead County peaked in real terms in 2012 at $881 and is now $155 (17.59%) lower. Average gross rent for Flathead County peaked in real terms in 2012 at $931 and is now $216 (23.20%) lower.

Real Gross Rent: Flathead County MT Median, Flathead County MT Average, Montana Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Flathead County

Date US
Median
Montana
Median
Flathead County MT
Median
Flathead County MT
Average
2017 $1,012 $759 $726 $715
2016 $996 $753 $844 $843
2015 $987 $785 $800 $771
2014 $956 $728 $805 $828
2013 $924 $705 $752 $754
2012 $912 $703 $881 $931
2011 $912 $681 $774 $754
2010 $927 $696 $712 $720
2009 $931 $693 $787 $738
2008 $947 $725 $825 $798
2007 $899 $660 $717 $790
2006 $909 $680 $810 $794

Flathead County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2017 the rental vacancy rate for Flathead County Montana was 7.39% according to Census ACS data.

Rental Vacancy Rate in Flathead County Montana

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Montana 6.15% -0.03% +0.02%
Flathead County MT 7.39% +1.02%

Trends in Flathead County MT Rental Vacancy Rate

The rental vacancy rate in Flathead County peaked in 2009 at 11.55%. Since then it has fallen by 4.16% to 7.39%. Data records for this series originated in 2005.

Rental Vacancy Rate: Flathead County MT, Montana, US

Rental vacancy rate in Montana

Historical Rental Vacancy Rate data for Flathead County

Date US Montana Flathead County MT
2017 6.18% 6.15% 7.39%
2016 5.89% 6.18%
2015 5.85% 5.44% 9.41%
2014 6.32% 6.13% 6.37%
2013 6.49% 5.47% 7.38%
2012 6.77% 6.78% 5.56%
2011 7.40% 7.56%
2010 8.17% 6.76%
2009 8.43% 6.58% 11.55%
2008 7.86% 5.55%
2007 7.87% 4.26% 5.34%
2006 7.70% 6.18%

Rent as a Fraction of Income

Using median household income data for Flathead County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Flathead County, median monthly gross rent as a fraction of median household income was 14.58% in 2017 according to the ACS.

Flathead County Montana Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Montana 17.06% -0.71% -1.36%
Flathead County MT 14.58% -5.30% -5.33%

Trends in Flathead County MT Rent as a Fraction of Income

The fraction of median Flathead County household income required to pay median monthly gross rent peaked in 2012 (relative to the 2005 series origin) at 22.07%. Since then it has fallen by 7.48% to 14.58%.

Fraction of Income towards Rent: Flathead County MT, Montana, US

Percent of median household income going towards median monthly gross rent in Flathead County Montana

Historical Data for Annual Rent as a Fraction of Income in Flathead County Montana

Date US Montana Flathead County MT
2017 20.13% 17.06% 14.58%
2016 20.43% 17.77% 19.89%
2015 20.63% 18.49% 19.91%
2014 20.89% 18.42% 19.91%
2013 20.78% 17.63% 18.48%
2012 20.65% 18.13% 22.07%
2011 20.70% 17.64% 20.06%
2010 20.50% 18.06% 18.84%
2009 20.12% 17.78% 18.40%
2008 19.00% 17.35% 20.96%
2007 18.66% 15.96% 16.55%
2006 18.90% 16.87% 17.77%

Renter Fraction in Flathead County Montana

You can calculate the renter fraction in Flathead County in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Flathead County as a fraction of total Flathead County households. In 2017 24.34% of households were renters according to Census ACS data.

Flathead County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Montana 30.85% -1.14% -2.76%
Flathead County MT 24.34% -2.26% -6.05%

Trends in the Flathead County MT Renter Fraction

The Flathead County household renter fraction peaked in in 2010 at 33.50% and is now 9.16% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Flathead County MT, Montana, US

Fraction of renters in Flathead County

History of Flathead County Renter Fraction

Date US Montana Flathead County MT
2017 36.13% 30.85% 24.34%
2016 36.88% 31.99% 26.60%
2015 36.97% 33.34% 30.28%
2014 36.90% 33.61% 30.39%
2013 36.50% 33.12% 29.70%
2012 36.09% 32.95% 30.47%
2011 35.42% 32.08% 28.45%
2010 34.65% 30.32% 33.50%
2009 34.13% 30.78% 24.81%
2008 33.36% 31.48% 25.88%
2007 32.80% 30.38% 29.68%
2006 32.73% 30.11% 23.92%

1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability.

2. Real dollars are calculated using the CPI-U less shelter series.

3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied.