A quick drive around Bozeman and it doesn't take long to see that there is a whole lot of construction, and most of that construction seems to be apartment buildings.

If you are one of the many renters that live here in Bozeman, then you know all too well that for the last few years, we've been paying ridiculous amounts in rent. In fact, there were horror stories of specific companies and landlords raising rent by hundreds of dollars a month during the height of the housing shortage.

So what's changed? Well, as far as apartments go, it seems we've got a lot more options now, which means we should start paying less rent, right?

Get our free mobile app

Technically, yes.  And that seems to be the case when you compare the numbers from 2023 to 2022.

Looking at data from Zillow, it looks like folks should be saving a decent amount of money compared to last year. The data suggest that rent is down over 800 dollars a year compared to last year, and there are almost 300 rentals available, and that doesn't take into consideration the hundreds of new apartments that are currently being built.

Credit: Canva
Credit: Canva
loading...

When my wife and I first moved to Bozeman a couple of years ago, trying to find an apartment was darn near impossible.  We were lucky to get on a waiting list for a unit at our complex, and just so happened to be picked.  That same complex now has over a dozen openings, and it seems to be that's the situation all across the city.

Credit: Canva
Credit: Canva
loading...

So the logic will say that with less demand and more supply, it's a renters market and even the Zillow data says that the market is cool right now, which means if you're a renter there's an excellent chance that you can find a better deal that you currently have.

Credit: Canva
Credit: Canva
loading...

Remember that when your lease expires.

Plus, while moving stinks and no one likes doing it, the fact that you could save hundreds of dollars each year makes it a little more bearable.

These are the Top 8 Cheapest Towns To Live In, In Montana

Have you been contemplating moving to Montana? Maybe you already live here and the town has gotten so expensive you are having to relocate by no fault of your own. The good news, you can stay in Montana by moving to one of the cheapest towns in Montana.

PropertyClub.NYC has announced its 2023 list of the 8 cheapest Montana towns.

Check Out These 4 Amazing Bozeman Properties

Bozeman has its fair share of impressive homes. From rustic cabin to sleek modern, you are certainly likely to find something that suits your style. The question, of course, is can you afford it once you find it?

With the median single-family home price right around 865 thousand dollars, it might be hard to get into the home of your dreams.

However, for those of you with a big bank account, or if you just enjoy looking at top-end properties, we have 4 amazing homes for sale in the Bozeman area that you have to check out. From incredible views to amazing kitchens, check out these jaw-dropping homes.

Luxury Montana Home Straight Out of a Fairy Tale

This luxury home in Montana looks like it was ripped from the page of a fairy tale.

 

More From KMMS-KPRK 1450 AM