Average Rent in Teton County, MT↑ Rents rising 45.6% YoY

Teton County, MT has rental prices ranging from $967/month to $1,975/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,190/month — 15% below the national average of $1,400/month. With a median household income of $67,766/year, spending $1,190/month on a 1-bedroom represents 21% of gross income — within the recommended 30% threshold.

How Teton County Compares

With an average 2-bedroom rent of $1,318/month, Teton County ranks #23 most expensive of the 57 cities tracked in Montana — pricier than 87% of all US cities in our data.

The Teton County Rental Market

The Teton County, MT area has a population of about 6,291 and 25% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Teton County, MT have risen by $413/month (45.6%) over the past year, from $905 to $1,318. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.

Affordability

To afford a 1-bedroom apartment in Teton County, MT without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $47,600. The local median household income of $67,766 exceeds that threshold by $20,166, making Teton County relatively accessible compared to local wages.

Economy & Jobs

Teton County, MT has an unemployment rate of 2.0%, 1.9 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.

Is Teton County, MT Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Teton County?

Break-even analysis and mortgage estimates based on local market data.

Living in Teton County

Cost of living, job market, crime rates, and moving cost estimates.