Housing data for Three Forks, MT
Three Forks, MT has an estimated 1,919 residents and 898 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a city in Gallatin County.
26.8% of households rent.
The median gross rent is $1,330 a month.
Figures last updated on .
- Residents
- 1,919 (±394)
- Housing units
- 898 (±139)
- Households that rent
- 26.8%
- Median gross rent
- $1,330
- Residents since 2015–2019
- +11.0%
What stands out in Three Forks
Homes in buildings of 5 or more units: 0.0% (±5.7 points) in Three Forks, lower than in Gallatin County (14.6%).
Median home value: $395,800 (±$43,460) in Three Forks, lower than in Gallatin County ($667,600).
Median real estate taxes: $2,243 (±$498) in Three Forks, lower than in Gallatin County ($3,933).
Homes built before 1980: 43.3% (±13.9 points) in Three Forks, higher than in Gallatin County (29.0%).
- Types of homes in Three Forks
- Home values in Three Forks
- Property taxes in Three Forks
- Age of homes in Three Forks
Housing in Three Forks at a glance
- Median rent: $1,330 median gross rent a month
- Rent by bedrooms: $1,324 median gross rent, 2 bedrooms
- Rent burden: 47.2% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 26.8% of households rent
- Income and affordability: $79,784 median household income
- Home values: $395,800 median home value
- Homeowner costs: $2,027 median monthly cost with a mortgage
- Property taxes: $2,243 median real estate taxes a year
- Types of homes: 0.0% of homes are in buildings of 5 or more units
- Bedrooms: 70.4% of homes have 3 or more bedrooms
- Age of homes: 43.3% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 72.2% heat with utility gas
- Commute and cars: 24.1 minutes average trip to work
- Growth: +11.0% residents since 2015–2019
- How long people stay: 37.5% moved in since 2020
- Crowding and facilities: 0.9% of homes have more than 1 person per room (Small sample: wide margin of error)
Three Forks against Gallatin County, its state and the nation
| Three Forks | Gallatin County | Montana | United States | |
|---|---|---|---|---|
| Residents | 1,919 (±394) | 124,074 (exact) | 1,116,875 (exact) | 334,922,499 |
| Housing units | 898 (±139) | 57,568 (±62) | 528,419 (±3,257) | 143,775,355 |
| Households that rent | 26.8% (±10.8 points) | 38.9% (±1.4 points) | 30.8% (±0.5 points) | 34.8% |
| Median gross rent | $1,330 (±$84) | $1,694 (±$60) | $1,081 (±$14) | $1,413 |
| Median household income | $79,784 (±$16,819) | $93,528 (±$3,326) | $72,509 (±$761) | $80,734 |
| Median home value | $395,800 (±$43,460) | $667,600 (±$15,234) | $375,800 (±$3,433) | $332,700 |
| Median real estate taxes (a year) | $2,243 (±$498) | $3,933 (±$94) | $2,693 (±$19) | $3,119 |
| Built before 1980 | 43.3% (±13.9 points) | 29.0% (±1.7 points) | 49.0% (±0.7 points) | 49.7% |
| Average commute | 24.1 minutes (±6.0) | 18.3 minutes (±0.6) | 19.1 minutes (±0.2) | 26.4 minutes |
| Households with broadband | 92.4% (±6.3 points) | 93.3% (±1.0 points) | 89.4% (±0.3 points) | 91.0% |
| Median age of residents | 41.4 years (±17.0) | 34.2 years (±0.2) | 40.4 years (±0.2) | 38.9 years |
Three Forks covers 1.4 square miles of land, about 1,334 residents per square mile (Census Bureau Gazetteer).
How Three Forks has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,729 (±304) | 1,919 (±394) | +11.0% | Not a measurable change |
| Housing units | 815 (±99) | 898 (±139) | +10.2% | Not a measurable change |
| Median gross rent | $1,083 (±$138) | $1,330 (±$84) | +22.8% | No measurable change after inflation |
| Median home value | $208,800 (±$26,190) | $395,800 (±$43,460) | +89.6% | Up after inflation |
| Median household income | $65,357 (±$11,807) | $79,784 (±$16,819) | +22.1% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,299 (±$139) | $2,027 (±$344) | +56.0% | Up after inflation |
| Median real estate taxes | $1,378 (±$142) | $2,243 (±$498) | +62.8% | Up after inflation |
| Households that rent | 32.7% (±10.6 points) | 26.8% (±10.8 points) | −5.9 percentage points | Not a measurable change |
| Rental vacancy rate | 3.3% (±5.6 points) | 0.0% (±11.8 points) | −3.3 percentage points | Not a measurable change |
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.
Crime reported to police in Gallatin County
Three Forks has no police department of its own in the FBI’s figures, so this is the figure for Gallatin County as a whole.
In 2025, the police departments that report for Gallatin County recorded 350 violent and 1,226 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
Places near Three Forks
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Wheatland | 5.2 mi | — | $739,000 | 0.0% |
| Manhattan | 11 mi | $1,585 | $517,800 | 25.0% |
| Churchill | 15 mi | $1,382 | $690,600 | 17.9% |
| Belgrade | 20 mi | $1,877 | $535,200 | 43.9% |
| Four Corners | 24 mi | $1,338 | $648,400 | 22.5% |
| King Arthur Park | 26 mi | $2,223 | — | 38.3% |
| Whitehall | 26 mi | $745 | $194,100 | 34.9% |
| Bozeman | 28 mi | $1,717 | $687,900 | 55.3% |
Places in Montana most like Three Forks
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Evergreen | $1,166 | $340,800 | $76,446 | 27.2% |
| Helena Valley West Central | $1,327 | $367,200 | $90,082 | 14.8% |
| Lockwood | $1,138 | $235,400 | $75,700 | 24.2% |
| White Sulphur Springs | $1,315 | $247,900 | $62,159 | 20.8% |
| Helena Valley Southeast | $1,106 | $331,500 | $74,075 | 15.0% |
| Ennis | $854 | $402,500 | $69,650 | 35.9% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Montana.
HUD Fair Market Rent for Three Forks, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,469 | $1,612 | $2,109 | $2,920 | $3,487 |
HUD income limits for Three Forks, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $27,350 | $45,600 | $72,950 |
| 2 people | $31,250 | $52,100 | $83,350 |
| 3 people | $35,150 | $58,600 | $93,750 |
| 4 people | $39,050 | $65,100 | $104,150 |
| 5 people | $42,200 | $70,350 | $112,500 |
| 6 people | $45,300 | $75,550 | $120,850 |
| 7 people | $50,040 | $80,750 | $129,150 |
| 8 people | $55,720 | $85,950 | $137,500 |
These are the limits HUD sets for its housing programs in the Bozeman, MT MSA, where HUD’s median family income for fiscal year 2026 is $130,200.
A program can use its own limits; tax-credit and local programs often do.
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 Three Forks
What is the average rent in Three Forks, MT?
The Census Bureau publishes the median rather than the average: the median gross rent in Three Forks is $1,330 (±$84) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a two-bedroom apartment in Three Forks?
The median gross rent for a two-bedroom home in Three Forks, MT is $1,324 (±$122) a month (2020–2024 American Community Survey).
How many renters are there in Three Forks?
Three Forks has an estimated 239 (±99) renting households, 26.8% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Three Forks?
The median household income in Three Forks is $79,784 (±$16,819) a year (2020–2024 American Community Survey).
What is the average home value in Three Forks, MT?
The Census Bureau publishes the median: $395,800 (±$43,460) for owner-occupied homes in Three Forks (2020–2024 American Community Survey).
What is the average mortgage payment in Three Forks?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Three Forks, MT is $2,027 (±$344) a month, including taxes, insurance and utilities.
Is Three Forks growing?
In Three Forks, the number of residents went from 1,729 in 2015–2019 to 1,919 in 2020–2024 (+11.0%), not a measurable change.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Three Forks city, Montana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Three Forks city, Montana
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Three Forks city, Montana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Three Forks city, Montana
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Three Forks city, Montana
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Three Forks city, Montana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Three Forks city, Montana
- HUD Fair Market Rents, fiscal year 2027: Bozeman, MT MSA
- HUD Income Limits, fiscal year 2026: Bozeman, MT MSA
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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) for Three Forks city, Montana (place:73975, in state:30).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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.
Figures last updated on .