Housing in Hot Springs, MT
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$240,837
Hot Springs vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Hot Springs is highlighted.
Median Home Value
37th%ilemost expensive$139,100show rank
Median Rent
15th%ilemost expensive rent$683show rank
Rent Burden
99th%ilehighest rent burden38.4%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$139,100
Median Rent
$683
Total Housing Units
357
Vacancy Rate
23.5%
Owner Occupied
61.2%
Renter Occupied
38.8%
Median Property Tax
$978
per year
Monthly Cost (w/ Mortgage)
$391
Housing Types
Single Family76.2%
Multi-Family12.6%
Mobile Home11.2%
The median home value in Hot Springs, MT is $139,100. According to Zillow, the home value index for Hot Springs is $240,837. The median rent is $683 per month (Census ACS). About 61.2% of housing units are owner-occupied. The median year homes were built is 1953. There are 357 total housing units.