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Housing in Busby

A typical Busby home is worth roughly $134,000

Typical home value
$134K
MT $472K
Estimate
2-bedroom rent
$1,550
a month, utilities in · HUD

What kind of housing town is Busby?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 2.9 years of income

Less than across Montana (6.5 years). Try your own numbers below.

You could afford about
$184,000
Typical Busby home $134K

That covers a typical Busby home, with $50K to spare.

The typical home, each month
$780
Loan $660Tax $80Insurance $40

A two-bedroom rents for about $1,550 a month here, $770 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Montana typical property tax (0.72% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,550

Renters already here pay a median of $405, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,170
1 bedroom$1,230
2 bedrooms$1,550
3 bedrooms$2,050
4 bedrooms$2,550
62%
of households rent · MT 31%
94
renter households
$405
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Big Horn County, MT): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

38% of Busby households own their home

Half of Busby’s homes were built before 1978.

Owners and renters
Own 38%Rent 62%

Montana: 69% own.

1978
typical home built · MT 1981

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Neighbors talk housing

What Busby buyers, sellers and renters are saying.

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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