How much is a home worth in ZIP code 59105?

The typical home in 59105 is worth $416,137, based on the Zillow Home Value Index.

Are home values rising in 59105?

Home values in 59105 are up 2.8% over the past year, and up 6.7% a year over five years.

What is the typical rent in 59105?

A typical home in 59105 rents for about $1,290 a month, a gross rental yield of 3.7%.

What is the property tax rate in 59105?

The effective property tax rate in 59105 is 0.8% — roughly $3,274 a year on a typical home.

ZIP code 59105 has a population of 35,480 and a median household income of $78,014.

HousingHandbookReference data

…

U.S. ZIP Code · MT59105

Yellowstone County · Billings, MT

Typical home value

$416,137^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.8%
5-year / yr: +6.7%
10-year / yr: +5.3%

Relative price

vs U.S.: +46.5%
vs metro: -9.7%
vs state: ≈ state median

Price history

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

The typical home in 59105 is worth $416,137 — 9.7% below the Billings, MT median. Over the past year, values have risen 2.8%. Homes here rent for a typical $1,290 a month — a 3.7% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

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

Monthly rent: $1,290^[2]
Gross yield: 3.7%^[2]
Cap rate: 2.2%^[2]

#Property tax

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

Effective tax rate: 0.8%^[3]
Typical annual tax: $3,274^[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: 35,480^[3]
Median household income: $78,014^[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: 11
Elementary: 8
Middle: 2
High: 1

Skyview High School
High · Grades 9–12 · Billings H S
1,596 students
Castle Rock Middle School
Middle · Grades 6–8 · Billings Elem
742 students
Medicine Crow Middle School
Middle · Grades 6–8 · Billings Elem
468 students
Eagle Cliffs Elementary
Elementary · Grades PK–5 · Billings Elem
423 students
Sandstone School
Elementary · Grades PK–5 · Billings Elem
390 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.

Home value$Monthly rent$

Gross yield3.7%

Net yield (after ~40% expenses)2.2%

Annual rent$15,483

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,104

Loan principal$332,910

Down payment$83,227

Total interest paid$424,608

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio2.11

Monthly cost to own$2,725

Monthly rent$1,290

Renting is meaningfully cheaper month-to-month.

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: 38th percentile^[1]
Rental yield: 0th percentile^[2]
Property tax: 91st percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

6th for most populous in MTView list →

Frequently asked

How much is a home worth in ZIP code 59105?: The typical home in 59105 is worth $416,137, based on the Zillow Home Value Index.
Are home values rising in 59105?: Home values in 59105 are up 2.8% over the past year, and up 6.7% a year over five years.
What is the typical rent in 59105?: A typical home in 59105 rents for about $1,290 a month, a gross rental yield of 3.7%.
What is the property tax rate in 59105?: The effective property tax rate in 59105 is 0.8% — roughly $3,274 a year on a typical home.
Who lives in 59105?: ZIP code 59105 has a population of 35,480 and a median household income of $78,014.

#Comparable ZIPs

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

59008 vs 59105 →
Belfry CDP, MT
Typical home
$410,277
Gross yield
—
59001 vs 59105 →
Absarokee CDP, MT
Typical home
$431,520
Gross yield
—
59088
Worden CDP, MT
Typical home
$398,569
Gross yield
—
59029
Fromberg, MT
Typical home
$396,963
Gross yield
—
59014
Bridger, MT
Typical home
$388,812
Gross yield
—
59102
Billings, MT
Typical home
$380,010
Gross yield
4.5%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 59105 against any other ZIP — full side-by-side table.

Compare 59105 →

#Jump to section

U.S. ZIP Code · MT59105

Get more data on ZIPs like this

Get more data on ZIPs like this