Housing Market Data Dashboard
Below are visualizations representing data that reflect rental market trends in Missoula County (for the Social, Sales, and Supply sections click the boxes above).
These visualizations are updated regularly with the most recent data available. Depending on the sources, some data may be refreshed monthly or quarterly. Some may update annually, with a year or more of lag.
Under the visualizations, you can find explanatory text that adds context to the data presented here.
Click the double-arrow icon in the lower-right corner of the visualizations for a full-sized view.
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Please note that the color palette for these visualizations has been chosen for maximum accessibility for those with visual impairments. If you have trouble viewing the visualizations, please contact us for assistance.
Rental Data Context
2020 continued to see tight supply in all categories of rentals, resulting in a very low vacancy rate of 2.6 percent as well as an increase in median rent cost. Studios and single bedrooms in multiplexes experienced the lowest average vacancy rates at 1.0% and 2.1% respectively.
With a very tight supply, renters who would typically move away or “move up” to a better rental property just stayed put, leading to a lower-than-normal turnover of existing inventory.
While many landlords held rents steady for existing tenants affected by the COVID-19 pandemic, properties that came onto the market likely saw a significant increase in the advertised price and were met with multiple applicants.