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City · 35,052 residents · Silver Bow County, Montana

Butte-Silver Bow , Montana

In Butte-Silver Bow, a typical home is worth $257,800 and typical rent is $856 a month. Home values, rent and income are very close to those of all of Silver Bow County.

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  • Typical home value

    $257,800

    About the same as the county

    31% below Montana

    • Butte-Silver Bow
    • Silver Bow
    • Montana

  • Typical rent

    $856a month

    About the same as the county

    21% below Montana

    • Butte-Silver Bow
    • Silver Bow
    • Montana

  • Typical household income

    $61,857a year

    About the same as the county

    15% below Montana

    • Butte-Silver Bow
    • Silver Bow
    • Montana

  • Households that own their home

    71%

    About the same as the county

    2 points above Montana

    • Butte-Silver Bow
    • Silver Bow
    • Montana

Source: U.S. Census Bureau, Average 2020–2024

Butte-Silver Bow is in Silver Bow County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Silver Bow County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Butte-Silver Bow apart

What this place has that others do not, from public data, most unusual first.

  1. Butte-Silver Bow has the 2nd lowest typical rent of the 26 cities in Montana with more than 5,000 people ($856).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Butte-Silver Bow

What homes there are in Butte-Silver Bow, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house is the most common home in Butte-Silver Bow: 72% of homes, near the figure in Silver Bow County (72%).

Year built

The typical year built in Butte-Silver Bow is 1957, about the same as in Silver Bow County (1956).

Much as in Silver Bow County, 53% of homes in Butte-Silver Bow have 3 bedrooms or more.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

The FHA loan limit for Silver Bow County is $541,287, and about 89% of owner-occupied homes in Butte-Silver Bow are worth less than that.

Monthly rent with utilities

About 80% of rented homes in Butte-Silver Bow cost less than HUD's 2-bedroom fair market rent for Silver Bow County ($1,417).

With a mortgage

$1,429 a month

Silver Bow County: $1,427 a month

Without a mortgage

$511 a month

Silver Bow County: $505 a month

Owners with a mortgage

56%

Silver Bow County: 55%

The typical cost for an owner with a mortgage in Butte-Silver Bow is $1,429 a month, near the figure in Silver Bow County ($1,427).

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Butte-Silver Bow rose 71% since 2015–2019, about the same as in Silver Bow County (70%).

Much as in Silver Bow County, the typical rent in Butte-Silver Bow rose 35% since 2015–2019.

While home values in Butte-Silver Bow changed +71% and rent +35%, the typical household income rose 35%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureButte-Silver BowSilver Bow CountyMontanaUnited States
Rental vacancy 8.9%8.8%5.3%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.9%0.9%
More than one person per room Unreliable estimateUnreliable estimate1.8%3.4%
People per household 2.232.242.372.53
Drive alone 77%77%71%69%
Carpool 11%11%10%9%
Public transit 1%1%1%3%
Walk or bike 3%3%5%3%
Work from home 8%8%13%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute 10 to 19 minutes10 to 19 minutes10 to 19 minutes20 to 29 minutes

Open rentals in Butte-Silver Bow look like those in Silver Bow County: the rental vacancy rate is 8.9%.

A household in Butte-Silver Bow has 2.23 people on average, about the same as in Silver Bow County (2.24).

To get to work, 77% of workers in Butte-Silver Bow drive alone; in Silver Bow County, 77%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Butte-Silver Bow?

A typical home costs more than the typical income allows

We start with a typical home in Butte-Silver Bow, worth $257,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 42% of the typical household income in Butte-Silver Bow, which is $61,857 a year. For that payment to be 28% of income, a household would need to earn about $92,004 a year.

The calculator's FHA and conventional loan limits are those of all of Silver Bow County.

Your numbers

Local data
$

Starts at the typical home value in Butte-Silver Bow. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $9,023 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,147

at 7.18% · 30 years

Loan amount
$253,131
Total interest
$364,196
Paid off in
November 2056

Includes $4,354 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,443 a month

  • Tight

    $1,443 to $1,856 a month

  • Hard

    more than $1,856 a month

    Your payment · 42%

Compared with the typical household income in Butte-Silver Bow ($61,857 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,147
Principal & interest$1,715
Property tax$211
Home insurance$107
FHA mortgage insurance (MIP)$114

You need at least $9,023 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Butte-Silver Bow and Silver Bow County

Butte-Silver Bow is in Silver Bow County, Montana. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Butte-Silver Bow's own numbers

Typical home value
$257,800
Typical monthly rent
$856
Typical yearly household income
$61,857
Households that own their home
71%
Effective property tax rate
0.98%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Silver Bow County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,417
Price change over 5 years (FHFA)
+71%
Homes in a high flood-risk zone
1%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Silver Bow County.

Everything about Silver Bow County

Buying

Buying a home in Butte-Silver Bow

A typical home in Butte-Silver Bow is worth $257,800: about the same as the county and 31% below Montana. With the typical household income in Butte-Silver Bow ($61,857 a year), a typical home costs 4.2 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Butte-Silver Bow 4.2 years
  • Silver Bow 4.1 years
  • Montana 5.2 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Silver Bow County

According to FHFA’s house price index, home prices in Silver Bow County rose 127% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Silver Bow County.

Period County Montana U.S.
Last year (2025) +3.9% +2.3% +2.9%
5 years (2020–2025) +71% +62% +47%
10 years (2015–2025) +127% +105% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Butte-Silver Bow next to Silver Bow County, Montana and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Butte-Silver Bow $257,800
  • Silver Bow $255,200
  • Montana $375,800
  • United States $332,700
Typical monthly rent
  • Butte-Silver Bow $856
  • Silver Bow $863
  • Montana $1,081
  • United States $1,413
Typical yearly household income
  • Butte-Silver Bow $61,857
  • Silver Bow $61,754
  • Montana $72,509
  • United States $80,734
See the full table
Butte-Silver Bow next to Silver Bow County and Montana
Measure Butte-Silver Bow Silver Bow County Montana U.S.
Typical home value $257,800 $255,200 $375,800 $332,700
Typical monthly rent $856 $863 $1,081 $1,413
Typical yearly household income $61,857 $61,754 $72,509 $80,734
Households that own their home 71% 71% 69% 65%
Typical yearly property tax $2,517 $2,500 $2,693 $3,119
Effective property tax rate 0.98% 0.98% 0.72% 0.94%
Renters with high rent for their income 47% 47% 45% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Silver Bow County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Butte-Silver Bow

For a typical $257,800 home in Butte-Silver Bow, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Butte-Silver Bow's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,147a month

    Least cash to close
    Down payment
    $9,023
    Cash to close
    $16,757
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $114

  • Conventional, 5% down $2,100a month

    Down payment
    $12,890
    Cash to close
    $20,624
    Rate
    7.18%
    Mortgage insurance
    PMI · $122

  • Conventional, 20% down, no PMI $1,715a month

    Down payment
    $51,560
    Cash to close
    $59,294
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,953a month

    Down payment
    $38,670
    Cash to close
    $46,404
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Butte-Silver Bow and for Silver Bow County.

Property tax

Effective rate in Butte-Silver Bow

0.98%of the home’s value each year

$2,517 a year for the typical owner in Butte-Silver Bow.

  • Butte-Silver Bow 0.98%
  • Silver Bow 0.98%
  • Montana 0.72%

What Montana publishes Homestead reduced tax rate for your principal residence (Montana Department of Revenue)

Exemptions and deadlines in Montana

Flood risk in Silver Bow County

FEMA does not publish these numbers by city: they are for all of Silver Bow County.

Homes in the high-risk zone
1%
152
Of those, with NFIP insurance
11%
County Montana U.S.
Homes in the high-risk zone 1% 2.6% 3.5%
Of those, with NFIP insurance 11% 16% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Butte-Silver Bow

Typical rent in Butte-Silver Bow is $856 a month: about the same as the county. In Butte-Silver Bow, 47% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Silver Bow County, by unit size. To pay the 2-bedroom one ($1,417 a month) without spending more than 30% of your income, you would need to earn $27.25 an hour working full time.

HUD fair market rent for all of Silver Bow County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,076 $20.69 $43,040
1 bedroom $1,176 $22.62 $47,040
2 bedrooms $1,417 $27.25 $56,680
3 bedrooms $1,962 $37.73 $78,480
4 bedrooms $2,325 $44.71 $93,000

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Butte-Silver Bow

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Butte-Silver Bow has 4 ZIP codes with their own.

For 2 bedrooms it runs from $1,280 in 59748 to $1,420 in 59727.

2 of the 4 are above the fair market rent for Silver Bow County ($1,417).

  • 59701 $1,420$1,970
  • 59727 $1,420$1,960
  • 59748 $1,280$1,780
  • 59750 $1,360$1,890

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Butte-Silver Bow when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Butte-Silver Bow

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There is 1 HUD-approved agency with an office in Silver Bow County; none says it serves in Spanish.

A man leans over the armchair where a girl is reading a book.

HUD counseling is free or low-cost

Assistance programs in Butte-Silver Bow

No down payment, repair or rent-help program on our list is for Butte-Silver Bow or Silver Bow County. The ones below are statewide in Montana: they work in Butte-Silver Bow the same as in the rest of the state.

Which programs do I qualify for? All programs in Montana

  • Bond Advantage Down Payment Assistance

    Statewide in Montana

    Montana Board of Housing loan for up to 5% of the price (maximum $15,000) for the down payment, over 15 years with low payments and the same rate as the bond program's first mortgage; there is also a Plus version, 0% and deferred, for lower incomes. Offered by Montana Board of Housing (Montana Department of Commerce).

    RepayableDeferred

    See the program Official page

  • Mortgage Credit Certificate (MCC)

    Statewide in Montana

    Montana Board of Housing certificate that lets you take 20% of the interest you pay each year on your mortgage off your federal taxes, up to $2,000 a year, while you live in the home; for first-time buyers, with a loan that is not from another Board program. Offered by Montana Board of Housing (Montana Department of Commerce).

    Tax credit

    See the program Official page

Housing counselors near Butte-Silver Bow

The HUD-approved agencies closest to the center of Butte-Silver Bow, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Headwaters RC&D Area, Inc.

    65 E Broadway St, Butte · 10 miles away

    • Workshops for new owners
    • Pre-purchase counseling
    • and 2 more
    (406) 533-6784

  • Rocky Mountain Development Council

    200 S Cruse Ave, Helena · 56 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 2 more
    (406) 447-1680

  • Montana Legal Services Association

    616 Helena Ave., Helena · 57 miles away · Spanish

    Also serves in Arabic, American Sign Language (ASL), Cambodian, Cantonese, and 19 more languages.

    • Homelessness services
    • Rental counseling
    (800) 666-6899

Every agency in Silver Bow County All counseling agencies in Montana

Help in Spanish near Butte-Silver Bow

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Butte-Silver Bow

In HUD’s record, no housing authority with an office in Silver Bow County is named for Butte-Silver Bow or Silver Bow County.

One other authority has an office in Silver Bow County: see the list Source: HUD

Cities

Nearby cities

The cities closest to Butte-Silver Bow, with the typical home value.

Everything about Silver Bow County Housing in Montana

Neighboring counties

If Silver Bow County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Butte-Silver Bow.

All guides
Three generations of a family gather on the porch of their home.

Questions

Housing questions about Butte-Silver Bow

Short answers with the numbers for Butte-Silver Bow and all of Silver Bow County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Butte-Silver Bow?

The typical home value in Butte-Silver Bow is $257,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Silver Bow County it is $255,200.

How much does it cost to rent in Butte-Silver Bow?

Typical rent in Butte-Silver Bow is $856 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Silver Bow County is $1,417.

What is the FHA loan limit in Butte-Silver Bow?

Butte-Silver Bow uses the FHA limit for all of Silver Bow County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Butte-Silver Bow?

The typical homeowner in Butte-Silver Bow pays $2,517 a year, according to the U.S. Census Bureau. That is 0.98% of the home’s value; in Silver Bow County, the rate is 0.98%.

Where can I find free help to buy or rent in Butte-Silver Bow?

There is 1 HUD-approved counseling agency with an office in Silver Bow County. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).