Housing in Fallon, MT

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$131,624

Fallon vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Fallon is highlighted.

Median Home Value

60th%ilemost expensive$217,700show rank

Median Rent

41st%ilemost expensive rent$873show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$217,700

Median Rent

$873

Total Housing Units

102

Vacancy Rate

10.8%

Owner Occupied

44.0%

Renter Occupied

56.0%

Median Property Tax

$1,800

per year

Monthly Cost (w/ Mortgage)

N/A

Housing Types

Single Family

92.2%

Multi-Family

0.0%

Mobile Home

7.8%

The median home value in Fallon, MT is $217,700. According to Zillow, the home value index for Fallon is $131,624. The median rent is $873 per month (Census ACS). About 44.0% of housing units are owner-occupied. The median year homes were built is 1954. There are 102 total housing units.