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Belgrade, Montana

Housing in Belgrade

Detailed housing data — sourced from authoritative datasets and normalized for direct comparison.

Housing in Belgrade, Montana

The housing market in Belgrade is characterized by high demand, constrained inventory, and substantial price appreciation over the past several years. Renting a standard apartment typically averages around $2,000 per month, while single-family home values generally hover in the mid-$500,000s. While single-family detached homes dominate the older parts of town, newer master-planned subdivisions featuring townhomes and modern apartments have emerged to accommodate the influx of new residents relocating to the Gallatin Valley.

Housing

Average Rent
$2,000
Salary Needed
$60,000

About Belgrade, Montana

Belgrade, Montana is a rapidly expanding city situated in the picturesque Gallatin Valley just north of Bozeman. Originally founded as a railroad town in the late 19th century and named after the capital of Serbia to honor foreign investors in the Northern Pacific Railway, it has transformed from a quiet agricultural hub into one of the fastest-growing communities in the state. The city retains a distinct small-town character featuring historic grain elevators along Main Street, complemented by modern commercial developments and expansive residential subdivisions. People are drawn to Belgrade for its relative affordability compared to neighboring Bozeman, family-friendly neighborhoods, and stunning panoramic views of the Bridger and Gallatin mountain ranges.

About Montana

Montana, known as "Big Sky Country," offers a peaceful, nature-centric lifestyle with vast open spaces and a strong sense of community. Its economy is primarily driven by agriculture, forestry, mining, energy production, and a growing service sector that includes tourism and outdoor recreation. While the cost of living can vary, with urban areas like Bozeman being more expensive, some smaller towns offer more affordable options, and the state benefits from no sales tax. Montana experiences significant climatic variations due to its diverse geography, with warm summers and cold, snowy winters, especially in the mountainous western regions.

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