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Miles City city, MT

ZIP 59301 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 59301

Median Home Value
$202,100
Median Rent
$798
Affordability Snapshot
$56,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,298/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.2x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

21.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 59301 in Miles City city, MT, a household would need roughly $56,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,298. That sits below the local median household income ($63,643), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
67.4%+3% vs US avg
x
Vacancy Rate
12.4%+21% vs US avg
x
Broadband Access
85.6%-2% vs US avg
x
4+ Bedrooms
11.2%-25% vs US avg
x
Built Pre-1939
7.3%-43% vs US avg
x
Built Post-2014
0.5%-93% vs US avg
x
Rent Burden >30%
21.0%-58% vs US avg
x
Mortgage-Free
52.1%+37% vs US avg
x
$202,100
Home Value
$798
Rent
1964
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached68.0%
  • 1-unit attached2.5%
  • 2-9 units9.6%
  • 10+ units8.4%
  • Mobile home & other11.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$202,100
Median rent$798
Owner-occupied67.4%
Vacant12.4%
Price-to-income3.2x
Est. income to buy$56,000