15 census tracts
Missoula.Montana housing market
This Missoula housing market report covers about 30,900 homes across 15 census tracts. The average of 352 active listings, $975,453, costs 16.1 times the median household income, higher than in 134 of the 139 markets PriceDNA tracks.
- Average listing price
- $975,453 352 active listings · Realtor.com Economic Research, Monthly Housing Inventory · August 2026
- Approximate homes
- 30,900 across 15 assigned tracts
- Renter-occupied
- 50% of occupied homes
Missoula housing market context
- Rent growth in Missoula is running at 5.5% a year at the median, faster than in 129 of the 139 markets, against the Montana median of 4.5%.
- Tracts across Missoula are unusually alike on location: the middle half spans 82 to 86 on the Location Score, narrower than in 126 of the 139 markets.
- The median census tract scores 83.4 on the PriceDNA Location Score™, higher than in 124 of the 139 markets.
These are city-level figures. To see how one property measures up against your goal, run a specific address.
Location score distribution
How location scores vary across 15 census tracts in Missoula.
Half of Missoula's tracts score between 82 and 86. The full range spans 75 to 89, with a median of 83.4.
What the location score shows
PriceDNA Location Score™ is a 0 to 100 signal designed to summarize local strength and risk context for rental-property analysis. Higher scores generally point to stronger location fundamentals.
The middle half of Missoula's tracts is 3.9 points wide on the score, narrower than in 126 of the 139 markets PriceDNA tracks.
To see the location score for your specific property, analyze a property
Housing composition
Key housing statistics for approximately 30,900 homes in Missoula, including occupancy, tenure, and structure type.
Of about 30,900 homes, 6.7% are vacant. Among occupied homes, 50% are renter-occupied, providing context on the size of the local rental base.
By structure type, about 57% of Missoula’s housing units are in single-family structures, 14% in small multifamily buildings (2 to 4 units), and 23% in larger multifamily buildings (5+ units). About 5.7% of Missoula’s housing units are mobile homes. Percentages are rounded; small residual structure categories are not shown.
How Missoula compares
Missoula's median is above the Montana median on 6 of these 8 measures and above the U.S. median on 5. The city range shows the lower quarter, median and upper quarter of its census tracts.
| Metric | Missoula lower · median · upper Missoula | Montana MT | United States US |
|---|---|---|---|
|
Census ACS B19013 · 2020 to 2024
|
$58,280 $60,481 $68,176 | $74,536 | $77,171 |
|
Census ACS B15003 · 2020 to 2024
|
57% 61% 64% | 45% | 41% |
|
Census ACS B01001 · 2020 to 2024
|
43% 44% 48% | 31% | 32% |
|
FHFA HPI · 2025
|
6.6% 6.6% 6.7% | 5.7% | 5.2% |
|
HUD SAFMR · 2018 to 2027 + Census ACS B25064 · 2014 to 2024
|
5.4% 5.5% 5.5% | 4.5% | 3.8% |
|
Census ACS B25103 · 2020 to 2024 + Lincoln Institute
|
0.94% every tract | 0.79% | 1.65% |
|
Census ACS B25141 · 2020 to 2024 + U.S. Treasury FIO
|
0.30% 0.30% 0.31% | 0.52% | 0.56% |
|
Census ACS B25064 + B19013 · 2020 to 2024
|
29.2% 32.2% 34.0% | 27.6% | 30.8% |
About this data
PriceDNA uses the most local reliable data available for each metric. Some signals are available at the census-tract level. Others are published or more reliable at broader geographies such as county, metro, state, or national level.
Housing-unit totals are approximate. PriceDNA sums Census ACS counts for the tracts assigned to the city by centroid, so the market total can differ from a municipal boundary count when a tract crosses the city line.
The property-tax assumption combines local residential tax data with a state-level apartment benchmark to provide more conservative context for rental-property underwriting. Insurance assumptions use available residential property insurance data and should be verified for the specific property and coverage.
These pages are designed for market screening and investor education. They do not replace property-level underwriting, inspections, appraisals, insurance quotes, lender review, or professional advice.
Nearby markets
Market pages for other cities within 300 miles.
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PriceDNA's goal-convergent valuation shows the purchase price that supports your investing goal, not just the market average.