RentData

Average Rent in Toole County, MT Rents rising 31.7% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 5,028

Data review: HUD FY2025Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Toole County, MT has rental prices ranging from $875/month to $1,902/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,013/month — 28% below the national average of $1,400/month. With a median household income of $53,693/year, spending $1,013/month on a 1-bedroom represents 23% of gross income — within the recommended 30% threshold.

How Toole County Compares

With an average 2-bedroom rent of $1,192/month, Toole County ranks #36 most expensive of the 57 cities tracked in Montana — pricier than 81% of all US cities in our data.

The Toole County Rental Market

The Toole County, MT area has a population of about 5,028 and 35% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Toole County, MT have risen by $287/month (31.7%) over the past year, from $905 to $1,192. 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 Toole County, MT without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $40,520. The local median household income of $53,693 exceeds that threshold by $13,173, making Toole County relatively accessible compared to local wages.

Economy & Jobs

Toole County, MT has an unemployment rate of 2.1%, 1.8 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.

Fair Market Rents

HUD FY2025
Studio
$875
Affordable
1 Bedroom
$1,013
Affordable
2 Bedrooms
$1,192
31.7% YoY
Affordable
3 Bedrooms
$1,670
Average
4 Bedrooms
$1,902
Expensive
🔔
Get Rent Alerts
Be notified when rents change in Toole County

Is Toole County, MT Affordable?

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

Affordability Index(30% income rule)

To rent a 2BR
$47,680/year
Local median income: $53,693
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $1,192/month and 20% down on a home at 7% rate.

Nearby Cities in MTlargest metros in the state

CityStudio1BR2BR3BRHome Value
Stillwater County$877$928$1,218$1,705
Billings$1,013$1,062$1,373$1,888
Missoula$1,121$1,339$1,604$2,248
Gallatin County$1,448$1,626$2,087$2,924
Flathead County$1,202$1,249$1,639$2,184
Great Falls$903$948$1,244$1,743

Rent or Buy in Toole County?

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

Should I Rent or Buy?

Break-even analysis using real Toole County data

$
Home Value
$350,000
2BR Rent
$1,192/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $2,577/movs rent: $1,192/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Toole County

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

Moving Cost Estimator

Estimate your moving costs based on FMCSA public mover data

Select your origin state to see the estimate

Estimates based on FMCSA average mover rates. Get at least 3 binding quotes from licensed movers. Protect your move →

Frequently Asked Questions

Explore More

🏘️Neighborhoods in Toole County

Compare rent & home prices by neighborhood

💵Rent Affordability in Toole County

Salary needed to afford rent here

🗺️All Cities in MT

See how Toole County ranks statewide

⚖️Compare Toole County

Side-by-side rent & cost of living with any city

📋MT Tenant Rights

Deposit limits, eviction laws & renters protections