HousingHandbookReference data

U.S. ZIP Code · MT59088

Yellowstone County · Billings, MT

Typical home value

$398,569[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.3%
5-year / yr
+3.9%
10-year / yr
+4.7%

Relative price

vs U.S.
+40.3%
vs metro
-13.5%
vs state
-5.0%
ZIP 59088 location in MT
Location of ZIP 59088 in MT

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 59088 is worth $398,569 — 13.5% below the Billings, MT median. Over the past year, values have risen 1.3%. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.7%[3]
Typical annual tax
$2,690[3]

#Climate risk

FEMA National Risk Index ratings for Yellowstone County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Relatively Moderate
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Not Applicable
Tornado
Relatively Low
Earthquake
Relatively Low
Winter weather
Very High

#Who lives here

Population
1,265[3]
Median household income
$90,625[3]

#Migration

Household moves in and out of Yellowstone County over a year, from IRS tax-return data.

Net migration
+306[5]
Moved in
4,072
Moved out
3,766

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
3
Elementary
1
Middle
1
High
1
  • Huntley Project Elem K-6

    Elementary · Grades PK–6 · Huntley Project K-12 Schools

    427 students

  • Huntley Project High Schl

    High · Grades 9–12 · Huntley Project K-12 Schools

    218 students

  • Huntley Project 7-8

    Middle · Grades 7–8 · Huntley Project K-12 Schools

    128 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$2,015
Loan principal$318,856
Down payment$79,714
Total interest paid$406,683

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$2,573
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
0th percentile[1]
Rental yield
[2]
Property tax
83rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 59088?
The typical home in 59088 is worth $398,569, based on the Zillow Home Value Index.
Are home values rising in 59088?
Home values in 59088 are up 1.3% over the past year, and up 3.9% a year over five years.
What is the property tax rate in 59088?
The effective property tax rate in 59088 is 0.7% — roughly $2,690 a year on a typical home.
Who lives in 59088?
ZIP code 59088 has a population of 1,265 and a median household income of $90,625.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Fromberg, MT

    Typical home
    $396,963
    Gross yield
  • Bridger, MT

    Typical home
    $388,812
    Gross yield
  • Belfry CDP, MT

    Typical home
    $410,277
    Gross yield
  • Billings, MT

    Typical home
    $416,137
    Gross yield
    3.7%
  • Billings, MT

    Typical home
    $380,010
    Gross yield
    4.5%
  • Ballantine CDP, MT

    Typical home
    $377,307
    Gross yield

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