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Milford Colony CDP, MT

ZIP 59648 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 59648

Median Home Value
$321,400
Median Rent
$729
Affordability Snapshot
$88,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,065/mo PITI).

13%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.7x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

36.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 59648 in Milford Colony CDP, MT, a household would need roughly $88,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,065. That is about 28% above the local median household income ($68,542), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 65% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
84.1%+29% vs US avg
x
Vacancy Rate
65.1%+532% vs US avg
x
Broadband Access
73.6%-15% vs US avg
x
4+ Bedrooms
2.3%-85% vs US avg
x
Built Pre-1939
2.4%-81% vs US avg
x
Built Post-2014
5.2%-24% vs US avg
x
Rent Burden >30%
9.4%-81% vs US avg
x
Mortgage-Free
57.4%+50% vs US avg
x
$321,400
Home Value
$729
Rent
1987
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached87.2%
  • 1-unit attached0.0%
  • 2-9 units1.7%
  • 10+ units0.0%
  • Mobile home & other11.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$321,400
Median rent$729
Owner-occupied84.1%
Vacant65.1%
Price-to-income4.7x
Est. income to buy$88,000