Billings, MT Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Billings, MT. Based on 20+ datapoints.
Billings, MT Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
3.7%
Avg Cash on Cash
-14.3%
Median Cashflow
-$1,025/mo
Avg Rent Estimate
$2,279/mo
Avg Price
$449,891
Price Range
$175K – $800K
approximate
Rent to Price
0.51%
low ratio
Positive Cashflow
4%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Billings, MT
Billings, MT is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.7%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 20+ analyzed properties, the median monthly cashflow in Billings, MT is -$1,025 with average rents of $2,279/month. Properties are priced about $175,000 to $800,000, offering entry points across multiple investment budgets.
5549 Walter Hagen Dr, Billings, MT 59106
Price
$629,900
Rent
$2,292
CachFlow
-$2,376
CoC
-21.55
Billings, MT Rental Market Insights
- Median cashflow is -$1,025/month — careful deal selection is essential here
- 3.7% median cap rate is typical of appreciation-focused markets
- At 4% positive cashflow rate, Billings, MT requires selective property picks
- Mid-to-upper tier market with properties priced about $175,000 to $800,000
- Consider this market if your strategy favors equity growth with rental income covering holding costs