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Average rent in Missoula increases less than 2%

Downtown Missoula
Posted at 4:07 PM, Sep 26, 2019
and last updated 2019-09-26 18:07:17-04

MISSOULA — The bad news: Average rent in Missoula has slightly increased. The good news: Missoula’s average rent is still well below the average rent for most large cities.

According to a recent report from Apartment List, the median rent for a two-bedroom in Missoula is $930. The national average for a two-bedroom is $1,189, which is a 1.4% increase from last year’s national average. Missoula’s $930 average is also up by 1.2% from last year.

Although the average rent might have increased, it’s still significantly less expensive to rent in Missoula compared to other cities such as Seattle ($1,700) or Minneapolis ($1,150).

Rent in San Francisco once again has the highest average prices at $3,130. That’s three times the price in Missoula.

To produce the data, Apartment List used rent statistics from the Census Bureau, and then extrapolated the data by using a growth rate calculation for the company’s listing data.

You can learn more about their research and see additional average rent prices in a city by visiting their website.