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ZIP Code · MT

ZIP 59301

Pop. 11,643·Custer County·21st most expensive ZIP in Montana
Median rent (all units)
$850/mo
Year-over-Year
Stable
Month-over-Month
+4.5%
vs US Median
-$1,082
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 59301 · $850
More affordable than 100% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$557
1 BR
$617
2 BR
$808
3 BR
$1,084
4 BR+
$1,169
Research median
$808/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: August 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($71,332) is $1,783 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,610); a 3-bedroom is $2,160.

From Zillow's monthly rent index (ZORI) for ZIP 59301. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$10,200/yr
At $850/mo median
Location
StateMT
CountyCuster County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +4.5% MoM), not inventory.
Demographics

Who lives here

ZIP 59301 (Miles City, MT) is majority owner-occupied, has a large retiree population, 26.7% of residents hold a bachelor's degree or higher.

Population
11,643
Median income
$71,332
Median age
42.5
Renters
30.9%
Age distribution
19.9%
19.3%
26.3%
14%
20.5%
Under 1819.9%
18–3419.3%
35–5426.3%
55–6414%
65+20.5%
Gender
50.3%
49.7%
Male50.3%
Female49.7%
Race & ethnicity
90.5%
White90.5%
Hispanic3.5%
Asian0.5%
Other5.5%
Education (25+)
32.2%
36.7%
26.7%
No HS diploma4.5%
HS diploma32.2%
Some college36.7%
Bachelor's+26.7%
Housing tenure
69.1%
30.9%
Owner69.1%
Renter30.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 59301 in Miles City, MT has changed in 5 years

Income
$55,247 → $71,332
up 29.1%
Population
11,552 → 11,643
up 0.8%
Renter share
34.7% → 30.9%
-3.8 pts
Bachelor's+
28% → 26.7%
-1.3 pts

Median household income rose from $55,247 to $71,332 between 2021 and 2024, a 29.1% shift. Renters now make up 30.9% of households, compared with 34.7% five years ago.

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About renting in ZIP 59301

Last updated: August 17, 2026

ZIP code 59301 covers Miles City, MT. The median rent here is $850/mo as of August 2026. A 1-bedroom rents for a median of $617/mo. A 2-bedroom rents for a median of $808/mo.

At 14% of local median household income ($71,332/yr), ZIP 59301 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 59301?

To keep rent at or below 30% of gross income, you would need to earn at least $34,000/year (about $16/hour full-time) to afford the median rent of $850/mo in ZIP 59301. The local median household income is $71,332/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 59301?

Rent in ZIP 59301 has been roughly flat over the past year, a 0.0% change.

How does ZIP 59301 compare to other ZIPs in Montana?

ZIP 59301 is one of the more affordable among Montana ZIP codes for rent, ranking #21 of 21 at $850/mo.

How does ZIP 59301 compare to the rest of Miles City?

ZIP 59301 sits right at the Miles City citywide median of $850/mo.
Income Affordability
14%
VERY AFFORDABLE

At $850/mo, rent takes ~14% of ZIP 59301's median household income ($71,332/yr). The standard benchmark is 30%.

ZIP 59301 14%Benchmark 30%
State income tax4.7%
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Schools nearby

Public schools near ZIP 59301 (Miles City, MT)

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