Malmstrom Afb, Montana Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Malmstrom Afb, Montana rental market.

Malmstrom Afb, Montana

Average Apartment Rent

$1,646

Y-o-Y Change in Average
Apartment Rent

16.8%

As of May 2026

Compared to a year ago, Malmstrom Afb, Montana apartments have recorded a 16.8% rent increase.

Malmstrom Afb, Montana Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Malmstrom AFB $1,321 $1,317 $1,347 $1,499 $1,542 $1,510 $1,478 $1,544 $1,586
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Malmstrom AFB
National
Jul 2023
$1,321
$1,741
Nov 2023
$1,317
$1,732
Mar 2024
$1,347
$1,736
Jul 2024
$1,499
$1,756
Nov 2024
$1,542
$1,749
Mar 2025
$1,510
$1,755
Jul 2025
$1,478
$1,767
Nov 2025
$1,544
$1,753
Mar 2026
$1,586
$1,750

Malmstrom Afb, Montana Average Apartment Rent

Malmstrom Afb, Montana Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 57.85%, apartments priced $1,500 - $2,000 represent the bulk of Malmstrom Afb, Montana rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 3.28%.

Malmstrom Afb, Montana Housing tenure**

Renter occupied housing units 1,145
Owner occupied housing units 17

Renters take up 99% of Malmstrom Afb, Montana real estate, occupying a total of 1,145 units, while homeowners live in 17 properties.

Median number of rooms of renter-occupied housing units**

6.6

Renter median household income**

$62,996

Average household size of renter-occupied housing units**

3.17

Rental vacancy rate**

4.5%

Malmstrom Afb, Montana Renter-occupied housing units by no. of bedrooms**

1 bed 17
2 beds 226
3 beds 461
4 beds 414
5 or more beds 23

There are 461 rentals in Malmstrom Afb, Montana with 3 beds making up the highest share of the market, at 40%. Units with 1 bed, on the other hand, hold the lowest percentage (1%), amounting to 17 units. Overall, the median number of rooms in Malmstrom Afb, Montana homes for rent is 6.6.

Malmstrom Afb, Montana Renter-occupied units by age of householder**

15 - 24 years 362
25 - 34 years 509
35 - 44 years 252
45 - 54 years 22

Most condos for rent in Malmstrom Afb, Montana are occupied by residents in the 25 - 34 years age group (44%), followed by those in the 15 - 24 years age group (32%). At the same time, people in the 45 - 54 years age group make up the lowest share of the local rental market – 2%.

Malmstrom Afb, Montana Renter-occupied housing units by family type**

Family households 1,097
Non-Family Households 48

Malmstrom Afb, Montana Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 735
No related children of the householder under 18 410

A total of 1,097 apartments for rent in Malmstrom Afb, Montana, or 96% of all rentals are family households. Additionally, 64% of rental homes include children under the age of 18 – that’s 735 units. All in all, the median size of a renter-occupied household in Malmstrom Afb, Montana is 3.17.

Malmstrom Afb, Montana Renter-occupied housing units by educational attainment**

Less than high school graduate 13
High school graduate (including equivalency) 179
Some college or associate's degree 596
Bachelor's degree or higher 357

In terms of education, renters holding bachelor degrees or higher make up 31% of the rental market. In contrast, residents with less than a high school degree reside in 1% of the homes for rent in Malmstrom Afb, Montana.

Malmstrom Afb, Montana Renter-occupied units by year structure built**

Built 2010 - 2019 213
Built 2000 - 2009 595
Built 1990 - 1999 182
Built 1980 - 1989 38
Built 1970 - 1979 52
Built 1960 - 1969 8
Built 1940 - 1949 35
Built 1939 or earlier 19

The highest share of Malmstrom Afb, Montana apartment rentals, namely 52% or 595 units, were Built 2000 - 2009, followed by those Built 2010 - 2019 (19%, 213 units), and the ones Built 1990 - 1999 (16%, 182 units).

Malmstrom Afb, Montana Renter-occupied units by year householder moved in**

Moved in 2021 or later 147
Moved in 2018 to 2020 663
Moved in 2010 to 2017 335

Malmstrom Afb, Montana Renter-occupied housing units by vehicles available**

No vehicle available 31
1 vehicle available 248
2 vehicles available 731
3 or more vehicles available 135

When it comes to transportation options, 64% of Malmstrom Afb, Montana renters have 2 vehicles available per household, 22% of them have 1 vehicle available, and 12% have 3 or more vehicles available.

Malmstrom Afb, Montana Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 1,380
Car, truck, or van - carpooled 273
Worked at home 89

Malmstrom Afb, Montana Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 2,404
Moved within same county 237
Moved from different county within same state 157
Moved from different state 558
Moved from abroad 79

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Malmstrom Afb, Montana apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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