Median Home PriceBETTER
$275,153.59
Median RentBETTER
$1,266.89/mo
Price-to-Rent RatioBETTER
18.1
Property Tax RateTIE
0.83%
Price Change (1Y)BETTER
+2.5%
Price Change (5Y)BETTER
+12.3%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$136,336
Median Home Price
$558,039.58
Median Rent
$1,475.08/mo
Price-to-Rent Ratio
31.5
Property Tax RateTIE
0.83%
Price Change (1Y)
+0.7%
Price Change (5Y)
+3.6%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$538,440
Key Differences
Home Prices
Butte's median home price of $275,153.59 is lower than Missoula's $558,039.58 by 51%.
Monthly Rent
Renting in Butte costs $1,266.89/mo compared to $1,475.08/mo in Missoula—a difference of $208.19/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.