HousingHandbookReference data

U.S. ZIP Code · MT59741

Gallatin County · Bozeman, MT

Typical home value

$667,414[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.0%
5-year / yr
+4.7%
10-year / yr
+8.0%

Relative price

vs U.S.
+134.9%
vs metro
+2.8%
vs state
+59.1%
ZIP 59741 location in MT
Location of ZIP 59741 in MT

Price history

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

The typical home in 59741 is worth $667,414 — 2.8% above the Bozeman, MT median. Over the past year, values have risen 1.0%. The effective property tax rate is 0.6%.

#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
0.6%[3]
Typical annual tax
$4,231[3]

#Climate risk

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

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

#Who lives here

Population
5,748[3]
Median household income
$90,947[3]

#Migration

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

Net migration
+344[5]
Moved in
5,391
Moved out
5,047

Schools

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

Public schools
4
Elementary
2
Middle
1
High
1
  • Manhattan Elem

    Elementary · Grades PK–5 · Manhattan School

    259 students

  • Manhattan H S

    High · Grades 9–12 · Manhattan High School

    241 students

  • Manhattan 6-8

    Middle · Grades 6–8 · Manhattan School

    186 students

  • Amsterdam School

    Elementary · Grades PK–6 · Amsterdam Elem

    166 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$3,375
Loan principal$533,931
Down payment$133,483
Total interest paid$681,000

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$4,281
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
57th percentile[1]
Rental yield
[2]
Property tax
100th percentile[3]

Frequently asked

How much is a home worth in ZIP code 59741?
The typical home in 59741 is worth $667,414, based on the Zillow Home Value Index.
Are home values rising in 59741?
Home values in 59741 are up 1.0% over the past year, and up 4.7% a year over five years.
What is the property tax rate in 59741?
The effective property tax rate in 59741 is 0.6% — roughly $4,231 a year on a typical home.
Who lives in 59741?
ZIP code 59741 has a population of 5,748 and a median household income of $90,947.

#Comparable ZIPs

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

  • Four Corners CDP, MT

    Typical home
    $650,678
    Gross yield
    4.1%
  • West Yellowstone, MT

    Typical home
    $647,667
    Gross yield
  • Sedan CDP, MT

    Typical home
    $547,936
    Gross yield
    4.6%
  • Wheatland CDP, MT

    Typical home
    $546,999
    Gross yield
  • Willow Creek CDP, MT

    Typical home
    $509,444
    Gross yield
  • Bozeman, MT

    Typical home
    $871,380
    Gross yield
    2.9%

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