With Bozeman housing prices increasing every year, is it still feasible to find a profitable rental property here in Bozeman?
The short answer is YES. The rental market demand is STRONG, but there are simply not enough rentals with the number of students and additional residents moving to Bozeman every year.
"In Bozeman, the most recent American Community Survey figures estimate that 56% of households are renters and 44% are owners." In looking back since 2000, the number of renters vs. owner households has maintained the same high ratios (55-57% of households). The distribution of the renter households vs. owner households has not significantly changed in the last 16 years.
- Right now (in 2019), we