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Housing in Gallatin County
Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.
Rent in Gallatin County averages $1,694/month for a 2‑bedroom in 2024, compared to the Montana median of $1,081 and the national median of $1,413. Local renters spend approximately 30% of household income on rent, below the national average of 32%.
HUD 2026 50th Percentile Rent Estimates for Gallatin County FMR Area are $1,600 for a studio, $1,768 for 1‑bedroom, $2,320 for 2‑bedroom, $3,227 for 3‑bedroom, and $3,810 for 4‑bedroom.
HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $626 increase for a 2-bedroom in Gallatin County shows a 37% rise over that period.
The U.S. Bureau of Labor Statistics annual unemployment rate for Gallatin County was 2.3% in 2024, compared to Montana at 3.0% and the national rate of 4.0%.
