What percentage of people rent in Hot Springs, MT?

Name: Renters and owners in Hot Springs, MT, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

35.8% (±8.7 points) of the occupied homes in Hot Springs, MT are rented (2020–2024 American Community Survey).

That is 96 renting households against 172 that own their home.

In Hot Springs, the share of households that rent went from 39.6% in 2015–2019 to 35.8% in 2020–2024 (−3.8 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 35.8% (±8.7 points)
Renting households: 96 (±31)
Median renter income: $18,182 (±$3,382)

Who rents and who owns in Hot Springs

Tenure, estimate (90% margin of error)
	Hot Springs	Sanders County	Montana	United States
Renter-occupied share	35.8% (±8.7 points)	18.7% (±3.1 points)	30.8% (±0.5 points)	34.8%
Renting households	96 (±31)	1,020 (±181)	141,459 (±2,303)	45,017,354
Owning households	172 (±28)	4,431 (±197)	317,400 (±3,818)	84,210,142
Average renter household size	1.6 (±0.2)	2.2 (±0.3)	2.1 (±0.0)	2.3
Average owner household size	2.2 (±0.5)	2.4 (±0.1)	2.5 (±0.0)	2.6
Median renter household income	$18,182 (±$3,382)	$28,304 (±$5,273)	$48,192 (±$1,103)	$52,966
Median owner household income	$24,722 (±$8,920)	$64,447 (±$4,164)	$85,804 (±$1,088)	$100,009

In Hot Springs, the renter share is higher than in Sanders County (18.7%).

It is not measurably different from Montana (30.8%).

It is not measurably different from the national figure (34.8%).

In Sanders County, Hot Springs ranks 2 of 3 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 48 of 167.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Hot Springs has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	39.6% (±6.3 points)	35.8% (±8.7 points)	−3.8 percentage points	Not a measurable change
Median gross rent	$517 (±$47)	$725 (±$135)	+40.2%	No measurable change after inflation
Median household income	$20,972 (±$3,163)	$21,300 (±$2,465)	+1.6%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Hot Springs

Nearest places with a published estimate, compared with Hot Springs
Place	Distance	Households that rent	Compared with this place
Hot Springs	—	35.8% (±8.7 points)	—
Plains	14 mi	46.9% (±14.1 points)	Not measurably different
Polson	25 mi	45.4% (±6.6 points)	Not measurably different
Pablo	26 mi	33.5% (±10.5 points)	Not measurably different
Ronan	27 mi	39.7% (±7.6 points)	Not measurably different
Superior	31 mi	34.7% (±11.0 points)	Not measurably different
Thompson Falls	31 mi	26.6% (±10.6 points)	Not measurably different
Marion	33 mi	6.2% (±5.0 points)	Lower
St. Ignatius	34 mi	29.3% (±8.8 points)	Not measurably different

Nearby places with a measurably lower figure: Marion, MT (6.2%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Sanders County, place by place

Rank	Place	Households that rent
1	Plains	46.9% (±14.1 points)
2	Hot Springs	35.8% (±8.7 points)
3	Thompson Falls	26.6% (±10.6 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Hot Springs

How many renters are there in Hot Springs?

Hot Springs has an estimated 96 (±31) renting households, 35.8% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Hot Springs?

In Hot Springs, the share of households that rent went from 39.6% in 2015–2019 to 35.8% in 2020–2024 (−3.8 percentage points), not a measurable change.

How big are renting households in Hot Springs?

A renting household in Hot Springs has 1.6 people on average, against 2.2 in an owned home.

How much do renters earn in Hot Springs?

The median renting household in Hot Springs, MT has an income of $18,182 (±$3,382) a year, against $24,722 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Hot Springs town, Montana (place:37825, in state:30).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.