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ZIP Code · MT

ZIP 59404

Pop. 28,822·Cascade County·10th most expensive ZIP in Montana
Median rent (all units)
$1,511/mo
Year-over-Year
-12.8%
Month-over-Month
-11.4%
vs US Median
-$454
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 59404 · $1,511
More affordable than 73% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,070
1 BR
$1,090
2 BR
$1,430
3 BR
$1,990
4 BR+
$2,270
Research median
$1,430/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: July 20, 2026

Annual cost
$18,132/yr
At $1,511/mo median
Location
StateMT
CountyCascade County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 12.8% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-12.8% YoY, -11.4% MoM), not inventory.
Demographics

Who lives here

ZIP 59404 (Great Falls, MT) is majority owner-occupied, has a large share of families with children, 30.8% of residents hold a bachelor's degree or higher.

Population
28,822
Median income
$83,867
Median age
40.3
Renters
15.1%
Age distribution
25.7%
17.4%
24%
13.6%
19.4%
Under 1825.7%
18–3417.4%
35–5424%
55–6413.6%
65+19.4%
Gender
50.8%
49.2%
Male50.8%
Female49.2%
Race & ethnicity
87.6%
White87.6%
Black0.6%
Hispanic2.6%
Asian0.9%
Other8.3%
Education (25+)
31.4%
33%
30.8%
No HS diploma4.9%
HS diploma31.4%
Some college33%
Bachelor's+30.8%
Housing tenure
84.9%
15.1%
Owner84.9%
Renter15.1%

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

2021 vs 2026

How ZIP 59404 in Great Falls, MT has changed in 5 years

Income
$72,718 → $83,867
up 15.3%
Population
29,092 → 28,822
down 0.9%
Renter share
15.4% → 15.1%
-0.3 pts
Bachelor's+
31% → 30.8%
-0.2 pts

Local incomes tracked alongside that move, going from a median of $72,718 in 2021 to $83,867 more recently.

Community

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Local insights

Tips for renters in ZIP 59404

About renting in ZIP 59404

Last updated: July 20, 2026

ZIP code 59404 covers Great Falls, MT. The median rent here is $1,511/mo as of July 2026. A 1-bedroom rents for a median of $1,090/mo. A 2-bedroom rents for a median of $1,430/mo.

At 22% of local median household income ($83,867/yr), ZIP 59404 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 12.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 59404?

As of July 20, 2026, the median monthly rent in ZIP 59404 (Great Falls, MT) is $1,511. This is based on aggregated data from public sources and community submissions.

How does ZIP 59404 rent compare to the US average?

ZIP 59404's median rent of $1,511/mo is $454 (23%) below the US national median of $1,965/mo.

How does ZIP 59404 compare to other ZIPs in Montana?

ZIP 59404 falls in the middle range for Montana, ranking #10 out of 20 ZIPs at $1,511/mo.

How much income do you need to rent in ZIP 59404?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (~$29/hour full-time) to afford the median rent of $1,511/mo in ZIP 59404. The local median household income is $83,867/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 59404?

Rent in ZIP 59404 has decreased 12.8% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 59404 an affordable place to rent?

ZIP 59404 is considered very affordable for renters. At $1,511/mo, rent takes approximately 22% of the local median household income ($83,867/yr). The standard benchmark is 30%. ZIP 59404 falls comfortably within that range.

What percentage of ZIP 59404 residents rent vs. own?

According to Census data, approximately 15.1% of ZIP 59404 households are renters, while 84.9% are owner-occupied. ZIP 59404 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 59404 compare to the rest of Great Falls?

ZIP 59404 is pricier than Great Falls as a whole. At $1,511/mo, it's $144 above the Great Falls citywide median of $1,367/mo.

When was rent data for ZIP 59404 last updated?

Rent data for ZIP 59404 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $1,511/mo, rent takes ~22% of ZIP 59404's median household income ($83,867/yr). The standard benchmark is 30%.

ZIP 59404 22%Benchmark 30%
State income tax4.7%
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Schools nearby

Public schools near ZIP 59404 (Great Falls, MT)

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