Greater Gallatin Gateway, Montana Rental Market Trends
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 Greater Gallatin Gateway, Montana rental market.
Greater Gallatin Gateway, Montana
Average Apartment Rent
$2,082
Y-o-Y Change in Average
Apartment Rent
-9.2%
As of March 2026
Compared to a year ago, Greater Gallatin Gateway, Montana apartments have recorded a -9.2% rent decrease.
Greater Gallatin Gateway, Montana Average apartment rent trend
Greater Gallatin Gateway, Montana Average Apartment Rent
Greater Gallatin Gateway, Montana Apartment rent ranges
At 52.88%, apartments priced $2,000 - $2,500 represent the bulk of Greater Gallatin Gateway, Montana rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.68%.
Greater Gallatin Gateway, Montana Housing tenure**
Renters take up 12% of Greater Gallatin Gateway, Montana real estate, occupying a total of 40 units, while homeowners live in 298 properties.
Median number of rooms of renter-occupied housing units**
6
Renter median household income**
$49,231
Average household size of renter-occupied housing units**
1.63
Rental vacancy rate**
13%
Greater Gallatin Gateway, Montana Renter-occupied housing units by no. of bedrooms**
There are 24 rentals in Greater Gallatin Gateway, Montana with 3 beds making up the highest share of the market, at 60%. Units with 2 beds, on the other hand, hold the lowest percentage (40%), amounting to 16 units. Overall, the median number of rooms in Greater Gallatin Gateway, Montana homes for rent is 6.
Greater Gallatin Gateway, Montana Renter-occupied units by age of householder**
Most condos for rent in Greater Gallatin Gateway, Montana are occupied by residents in the 65 - 74 years age group (33%), followed by those in the 55 - 59 years age group (28%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 13%.
Greater Gallatin Gateway, Montana Renter-occupied housing units by family type**
Greater Gallatin Gateway, Montana Renter-occupied housing units by the presence of own children**
A total of 11 apartments for rent in Greater Gallatin Gateway, Montana, or 28% of all rentals are family households. Additionally, 8% of rental homes include children under the age of 18 – that’s 3 units. All in all, the median size of a renter-occupied household in Greater Gallatin Gateway, Montana is 1.63.
Greater Gallatin Gateway, Montana Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 0% of the rental market. In contrast, residents with less than a high school degree reside in 13% of the homes for rent in Greater Gallatin Gateway, Montana.
Greater Gallatin Gateway, Montana Renter-occupied units by year structure built**
The highest share of Greater Gallatin Gateway, Montana apartment rentals, namely 40% or 16 units, were Built 1939 or earlier, followed by those Built 1980 - 1989 (33%, 13 units), and the ones Built 1970 - 1979 (20%, 8 units).
Greater Gallatin Gateway, Montana Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Greater Gallatin Gateway, Montana renters (48%) moved in 2010 to 2017, while only 13% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Greater Gallatin Gateway, Montana condos for rent is 2016.
Greater Gallatin Gateway, Montana Renter-occupied housing units by vehicles available**
When it comes to transportation options, 60% of Greater Gallatin Gateway, Montana renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 13% have 4 or more vehicles available.
Greater Gallatin Gateway, Montana Means of transportation to work of householders living in renter-occupied housing units**
Greater Gallatin Gateway, Montana Geographical mobility in the past year for householders living in renter-occupied housing units**
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 Greater Gallatin Gateway, 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
