Median Home PriceBETTER
$331,267.74
Median RentBETTER
$1,334.74/mo
Price-to-Rent RatioBETTER
20.7
Property Tax RateTIE
0.83%
Price Change (1Y)BETTER
+5.8%
Price Change (5Y)BETTER
+28.8%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$72,631
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
Great Falls's median home price of $331,267.74 is lower than Missoula's $558,039.58 by 41%.
Monthly Rent
Renting in Great Falls costs $1,334.74/mo compared to $1,475.08/mo in Missoula—a difference of $140.34/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.