STR Market Report
Bozeman, MT
Montana • Short-Term Rental Market
Key Market Metrics
36%
Entire-home, active listings
Occupancy Rate
~11 nights booked per month on average
$170
Median, entire-home
Avg Nightly Rate
Typical price per night charged by whole-home hosts in this market
420
Had a review in past 12 mo
Active Listings
Whole-home Airbnbs with at least 1 recent guest review — active supply
$1,836
~11 booked nights / month
Est. Monthly Revenue
Directional gross booking revenue estimate before fees, expenses, and seasonality shifts
Friendly
Permissive regulations — straightforward licensing, no owner-occupancy requirement
Regulatory Risk
Quick Investor Read
Higher-risk setup due to weaker demand, pricing constraints, or regulation. Underwrite conservatively.
Market Dynamics
2 nights
Typical host minimum
Median Min Stay
Most common minimum booking length. Short = weekenders welcome. Long (7+ nights) = weekly guests only.
30%
Hosts with 5+ listings
Pro Host Rate
Significant investor presence — you'll compete with experienced multi-property operators
1.7/mo
Median reviews per month
Booking Velocity
How quickly typical listings earn new reviews — a proxy for how often properties get booked. Higher = stronger demand.
85%
Have a permit on file
Licensed Listings
High compliance rate — regulations are actively enforced here. Budget for permitting before listing.
☀️ Demand Seasonality: Year-round demand
Strong demand across all seasons — minimal seasonal revenue volatility
Market Overview
Bozeman, Montana has emerged as one of the fastest-growing STR markets in the Mountain West, driven by proximity to Big Sky Resort, Yellowstone National Park, and the lifestyle migration of remote workers seeking outdoor recreation. The city's population growth has been extraordinary, and STR demand has kept pace. Bozeman's regulatory environment remains relatively permissive for a high-demand market. Winter ski season and summer Yellowstone tourism create two distinct demand peaks, with shoulder seasons still performing well due to hunting, fishing, and outdoor recreation.
Top STR Neighborhoods
Premium Pricing Pocket
Bozeman
Avg nightly rate: $359
Highest Occupancy Pocket
Bozeman
Avg occupancy: 37.2%
Best Balanced Opportunity
Bozeman
Healthy mix of demand, pricing, and listing depth
- 1Downtown
- 2University District
- 3Southside
- 4Bogert Park
- 5Babcock
Ranked by active listing count (Inside Airbnb data).
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Live Market Analytics
Source: Inside Airbnb · 2025-11-12Listing Locations & Pricing
Listing Types
- Entire Home88.7%
- Private Room9.2%
- Hotel Room1.7%
- Shared Room0.5%
Takeaway: entire home apt dominates this market snapshot.
Price Distribution (per night)
Takeaway: the highest concentration of listings sits in the $101–150 nightly range.
Occupancy Rate Distribution
Takeaway: most listings cluster around 0–10% occupancy.
Monthly Seasonality (from booking calendar)
Peak month in this snapshot: Nov (45.4% occupancy).
Neighbourhood Breakdown (top 1)
| Neighbourhood | Listings ↓ | Avg Price | Occupancy | Avg Rating |
|---|---|---|---|---|
| Bozeman | 600 | $359 | 37.2% | — |
Source: Inside Airbnb. Click column headers to sort.
Analytics derived from Inside Airbnb public datasets. Data reflects the snapshot date above. Not financial advice.
Want verified, real-time data?
Get professional analytics for Bozeman
Our estimates are a starting point — these tools give you neighborhood-level occupancy, revenue projections, and comp analysis from live Airbnb data.
Real-time occupancy, ADR, and RevPAR by neighborhood. The industry standard for STR market research.
View Bozeman data on AirDNA →Combines Airbnb data with traditional rental comps. Great for comparing STR vs long-term rental ROI.
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Investment Score Breakdown
Score formula: Occupancy (max 45 pts) + ADR (max 30 pts) + Regulatory environment (up to 25 pts). Max score: 100.
Moderate market — Bozeman has decent fundamentals but some limitations. Worth investigating further before committing capital.
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