ZIP Code · MT

ZIP 59701

Part of Butte, MT

Pop. 34,232·Silver Bow County·13th most expensive ZIP in Montana

Median rent (all units)

$1,443/mo

Year-over-Year

+4.9%

Month-over-Month

+1.6%

vs US Median

-$489

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 59701 · $1,443

More affordable than 77% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,030

1 BR

$1,150

2 BR

$1,420

3 BR

$1,970

4 BR+

$2,190

Research median

$1,420/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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 59701 is at its highest level since Zillow's records here began in April 2023.

Past year vs. the rest of Montana

Rent in ZIP 59701 changed +4.9% over the year to September 2026. Across the 18 Montana ZIP codes Zillow tracks, the typical change was +4.1%.

Recent direction

Rent has risen 3 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($60,437) is $1,511 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,420); a 3-bedroom is $1,970.

From Zillow's monthly rent index (ZORI) for ZIP 59701. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$17,316/yr

At $1,443/mo median

Location

CityButte

StateMT

CountySilver Bow County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 4.9% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+4.9% YoY, +1.6% MoM), not inventory.

Demographics

Who lives here

ZIP 59701 (Butte, MT) is majority owner-occupied, has a median income below the national average, 27.6% of residents hold a bachelor's degree or higher.

Population

34,232

Median income

$60,437

Median age

40.3

Renters

30.3%

Age distribution

20.3%

23.4%

23%

13.8%

19.6%

Under 1820.3%

18–3423.4%

35–5423%

55–6413.8%

65+19.6%

Gender

51.8%

48.2%

Male51.8%

Female48.2%

Race & ethnicity

90.8%

White90.8%

Hispanic4.6%

Other4.1%

Education (25+)

32.9%

33.4%

27.6%

No HS diploma6.2%

HS diploma32.9%

Some college33.4%

Bachelor's+27.6%

Housing tenure

69.7%

30.3%

Owner69.7%

Renter30.3%

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

2023 vs 2026

How ZIP 59701 in Butte, MT has changed in 5 years

Rent

$1,220 → $1,443

up 18.3%

Income

$49,264 → $60,437

up 22.7%

Population

33,671 → 34,232

up 1.7%

Renter share

30.9% → 30.3%

-0.6 pts

Bachelor's+

27.6% → 27.6%

+0.0 pts

Rent in ZIP 59701 in Butte, MT has increased 18.3% since 2023, going from about $1,220 per month to roughly $1,443 today. Local incomes tracked alongside that move, going from a median of $49,264 in 2021 to $60,437 more recently. Income growth outran rent by about 4.4 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 33,671 to 34,232 between 2021 and 2024, a 1.7% change. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 59701 in Butte, MT market of 2023.

Community

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Local insights

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About renting in ZIP 59701

Last updated: October 17, 2026

ZIP code 59701 covers Butte, MT. The median rent here is $1,443/mo as of October 2026. A 1-bedroom rents for a median of $1,150/mo. A 2-bedroom rents for a median of $1,420/mo.

At 29% of local median household income ($60,437/yr), ZIP 59701 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 59701?

To keep rent at or below 30% of gross income, you would need to earn at least $58,000/year (about $28/hour full-time) to afford the median rent of $1,443/mo in ZIP 59701. The local median household income is $60,437/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 59701?

Rent in ZIP 59701 has risen 4.9% over the past year as of September 2026. That is the highest level since Zillow's records here began in April 2023.

How does ZIP 59701 compare to other ZIPs in Montana?

ZIP 59701 is in the middle among Montana ZIP codes for rent, ranking #13 of 20 at $1,443/mo. Over the year to September 2026, rent in ZIP 59701 changed +4.9%, against a typical +4.1% across the 18 Montana ZIP codes Zillow tracks.