Homes in Malmstrom AFB
Home prices around Malmstrom AFB have risen about 65% over the past 5 years.
What kind of housing town is Malmstrom AFB?
Read from the numbers below. The page puts what stands out first.
A two-bedroom rents for about $1,290
Renters already here pay a median of $1,220.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Great Falls, MT MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
1% of Malmstrom AFB households own their home
Half of Malmstrom AFB’s homes were built before 2004.
Montana: 69% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Home prices up 65% in 5 years
The federal house price index for the ZIP code around Malmstrom AFB rose 65% over the past 5 years, about the same as across Montana. Last year prices rose 3.5%.
How Malmstrom AFB ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Malmstrom AFB, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
Malmstrom AFB vs. its neighbors
The towns that share a border with Malmstrom AFB. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Malmstrom AFB | — | +3.5%† | $1,290 | — | $64,833 |
| Great Falls | $340K | +3% | $1,340 | 128 | $63,373 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Malmstrom AFB buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
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. Price trend: Federal Housing Finance Agency House Price Index. 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.