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Bozeman, MT vs Stillwater County, MT

A 2-bedroom in Stillwater County costs $897 less per month than Bozeman ($1,257 vs $2,154). Median income is $87,454 in Bozeman and $81,503 in Stillwater County. That's a difference of $10,764 per year in housing costs.

Bozeman, MT
$2,154
2BR Fair Market Rent
29.6% burden
Stillwater County, MT
$1,257
2BR Fair Market Rent
18.5% burden

Side-by-Side Comparison

MetricBozemanStillwater County
Studio FMR$1,485$884
1BR FMR$1,642$958
2BR FMR$2,154$1,257
3BR FMR$2,996$1,748
4BR FMR$3,537$2,109
Median Income$87,454$81,503
Rent Burden29.6%18.5%
Actual Median Rent$1,574$968
Median Home Value$604,900$355,600
Population122K9.1K
Renter %38.5%19.2%
Vacancy Rate10%16.9%
Poverty Rate10.2%8.3%
Unemployment-3.3%
YoY Change-+22.9%
Min Wage$10.55/hr$10.55/hr

Income Required to Afford a 2-Bedroom

Bozeman, MT
Annual Income Needed
$86,160
Hourly Wage Needed
$41/hr
Min Wage Work Hours/Week
157.1 hrs
at $10.55/hr (MT min wage)
Stillwater County, MT
Annual Income Needed
$50,280
Hourly Wage Needed
$24/hr
Min Wage Work Hours/Week
91.7 hrs
at $10.55/hr (MT min wage)

Frequently Asked Questions

Stillwater County, MT is more affordable with a 2BR FMR of $1,257/mo, which is $897 less than Bozeman at $2,154/mo. However, when considering local incomes, Bozeman has a rent burden of 29.6% vs 18.5% in Stillwater County.

A 2-bedroom in Bozeman, MT costs $2,154/mo at Fair Market Rent, while in Stillwater County, MT it's $1,257/mo, a difference of $897/mo or $10,764/year.

To afford a 2BR without spending more than 30% of income on rent: Bozeman requires $86,160/year ($41/hr). Stillwater County requires $50,280/year ($24/hr).