U.S. ZIP Code · MT59106
Yellowstone County · Billings, MT
Appreciation
- 1-year
- -0.8%
- 5-year / yr
- +4.9%
- 10-year / yr
- +4.1%
Relative price
- vs U.S.
- +91.4%
- vs metro
- +17.9%
- vs state
- +29.6%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 59106 is worth $543,740 — 17.9% above the Billings, MT median. Over the past year, values have fallen 0.8%. Homes here rent for a typical $1,721 a month — a 3.8% gross rental yield. The effective property tax rate is 0.6%.
#Rent & investment
Typical asking rent, and the returns it implies at the current home value.
#Property tax
Effective rate — total real estate taxes paid relative to total home value.
#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
#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
- 5
- Elementary
- 2
- Middle
- 3
- High
- 0
Ben Steele Middle School
Middle · Grades 6–8 · Billings Elem
738 students
Elder Grove School
Elementary · Grades PK–5 · Elder Grove Elem
485 students
Elder Grove 7-8
Middle · Grades 6–8 · Elder Grove Elem
226 students
Yellowstone Academy Elem
Elementary · Grades PK–6 · Yellowstone Academy Elem
32 students
Yellowstone Academy 7-8
Middle · Grades 7–8 · Yellowstone Academy Elem
18 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 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.
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.
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.
Frequently asked
- How much is a home worth in ZIP code 59106?
- The typical home in 59106 is worth $543,740, based on the Zillow Home Value Index.
- Are home values rising in 59106?
- Home values in 59106 are down 0.8% over the past year, and up 4.9% a year over five years.
- What is the typical rent in 59106?
- A typical home in 59106 rents for about $1,721 a month, a gross rental yield of 3.8%.
- What is the property tax rate in 59106?
- The effective property tax rate in 59106 is 0.6% — roughly $3,426 a year on a typical home.
- Who lives in 59106?
- ZIP code 59106 has a population of 21,417 and a median household income of $125,833.
#Comparable ZIPs
Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.
Fishtail CDP, MT
- Typical home
- $554,031
- Gross yield
- —
Silesia CDP, MT
- Typical home
- $532,460
- Gross yield
- —
MT
- Typical home
- $526,814
- Gross yield
- —
Roberts CDP, MT
- Typical home
- $562,000
- Gross yield
- —
Red Lodge, MT
- Typical home
- $524,645
- Gross yield
- —
MT
- Typical home
- $583,769
- Gross yield
- —
Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →
Compare ZIPs
Pit ZIP 59106 against any other ZIP — full side-by-side table.
#Jump to section