How much is a home worth in ZIP code 59405?

The typical home in 59405 is worth $327,211, based on the Zillow Home Value Index.

Are home values rising in 59405?

Home values in 59405 are up 4.2% over the past year, and up 9.0% a year over five years.

What is the typical rent in 59405?

A typical home in 59405 rents for about $1,394 a month, a gross rental yield of 5.1%.

What is the property tax rate in 59405?

The effective property tax rate in 59405 is 0.8% — roughly $2,568 a year on a typical home.

ZIP code 59405 has a population of 33,350 and a median household income of $59,449.

HousingHandbookReference data

…

U.S. ZIP Code · MT59405

Cascade County · Great Falls, MT

Typical home value

$327,211^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +4.2%
5-year / yr: +9.0%
10-year / yr: +7.1%

Relative price

vs U.S.: +15.2%
vs metro: -11.4%
vs state: -22.0%

Price history

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

The typical home in 59405 is worth $327,211 — 11.4% below the Great Falls, MT median. Over the past year, values have risen 4.2%. Homes here rent for a typical $1,394 a month — a 5.1% 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: $1,394^[2]
Gross yield: 5.1%^[2]
Cap rate: 3.1%^[2]

#Property tax

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

Effective tax rate: 0.8%^[3]
Typical annual tax: $2,568^[3]

#Climate risk

FEMA National Risk Index ratings for Cascade 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 Low
Drought: Relatively Low
Heat wave: Relatively Low
Hurricane: Not Applicable
Tornado: Very Low
Earthquake: Relatively Low
Winter weather: Very High

#Who lives here

Population: 33,350^[3]
Median household income: $59,449^[3]

#Migration

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

Net migration: +1^[5]
Moved in: 2,509
Moved out: 2,508

Schools

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

Public schools: 12
Elementary: 9
Middle: 1
High: 2

Great Falls High School
High · Grades 9–12 · Great Falls H S
1,612 students
East Middle School
Middle · Grades 7–8 · Great Falls Elem
773 students
Sunnyside School
Elementary · Grades PK–6 · Great Falls Elem
406 students
Loy School
Elementary · Grades PK–6 · Great Falls Elem
405 students
Lincoln School
Elementary · Grades PK–6 · Great Falls Elem
384 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 yield5.1%

Net yield (after ~40% expenses)3.1%

Annual rent$16,730

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$1,655

Loan principal$261,768

Down payment$65,442

Total interest paid$333,871

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 ratio1.53

Monthly cost to own$2,140

Monthly rent$1,394

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: 21st percentile^[1]
Rental yield: 50th percentile^[2]
Property tax: 62nd percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 59405?: The typical home in 59405 is worth $327,211, based on the Zillow Home Value Index.
Are home values rising in 59405?: Home values in 59405 are up 4.2% over the past year, and up 9.0% a year over five years.
What is the typical rent in 59405?: A typical home in 59405 rents for about $1,394 a month, a gross rental yield of 5.1%.
What is the property tax rate in 59405?: The effective property tax rate in 59405 is 0.8% — roughly $2,568 a year on a typical home.
Who lives in 59405?: ZIP code 59405 has a population of 33,350 and a median household income of $59,449.

#Comparable ZIPs

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

59463 vs 59405 →
Monarch CDP, MT
Typical home
$331,250
Gross yield
—
59480 vs 59405 →
Stockett CDP, MT
Typical home
$346,817
Gross yield
—
59472
Sand Coulee CDP, MT
Typical home
$290,168
Gross yield
—
59401
Great Falls, MT
Typical home
$287,905
Gross yield
4.5%
59477
Simms CDP, MT
Typical home
$369,149
Gross yield
—
59487
Vaughn CDP, MT
Typical home
$369,401
Gross yield
—

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Pit ZIP 59405 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · MT59405

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