Montana Landlord & Investor Guide
Montana has seen strong in-migration to Bozeman and Missoula, with landlord-friendly law and a very cheap LLC, though prices have risen fast.
Income outlook
Bozeman and Missoula have boomed on lifestyle migration, pushing prices up and yields down; Billings offers steadier value.
Landlord-tenant law at a glance
| Security deposit cap | No statutory cap on the amount. |
|---|---|
| Deposit return | Within 10 days (no deductions) or 30 days (with deductions). |
| Rent control | Prohibited — local rent control is preempted. |
⚠️ General orientation only — not legal advice. Laws change and vary by city and county. Verify the current statute or consult an attorney before acting. Last reviewed 2026-06-04.
Eviction process
Montana's eviction process is moderate and governed by its Residential Landlord and Tenant Act.
Registering an LLC in Montana
Filing agency
Montana Secretary of StateApprox. filing fee
~$35 (Articles of Organization)
Good to know
Annual report (~$20) required.
Strategies that fit Montana
Underwriting tip
Bozeman/Missoula are appreciation-driven after rapid run-ups; Billings is the steadier cash-flow option.
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