Shepherd, MT rental market
Last updated August 3, 2025
Rental market summary
The average rent for all bedrooms and all property types in Shepherd, MT is $1,500.
$1,500
-$500
+$1,500
2
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,500 to $2,000.
| Rent price | Number of rental properties |
|---|---|
| $1,400 | 1 |
| $1,500 | 1 |
| $1,900 | 1 |
| $2,000+ | 1 |
Average rent price over time
In the last year, rent has increased by $1,500 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,395 | $1,200 |
| Feb | $1,395 | $1,200 |
| Mar | $1,395 | $1,200 |
| Apr | $1,100 | $1,200 |
| May | $1,100 | $1,500 |
| Jun | $995 | $1,500 |
| Sep | $2,800 | No data |
| Oct | $2,695 | No data |
| Nov | $2,495 | No data |
| Dec | $2,295 | No data |
Market temperature
The Shepherd, MT rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Shepherd, MT is 29% lower than the national average.
$1,500
$2,100
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Frequently asked questions
1. What is the average rent in Shepherd, MT?
The average rent in Shepherd, MT is $1,500.
2. How much does it cost to rent a house in Shepherd, MT?
Houses in Shepherd, MT rent between $1,500 - $2,000 with an average rent of $1,500.
3. How has the rent in Shepherd, MT changed in the last year?
In the last year, the rent in Shepherd, MT increased by $1,500
4. How much has the rent in Shepherd, MT increased/decreased in the last month?
In the last month, the rent in Shepherd, MT decreased by $500
5. How many available rentals are there in Shepherd, MT?
There are currently 2 rentals available in Shepherd, MT.
6. How do rent prices in Shepherd, MT compare with the national average?
The average rent in Shepherd, MT is $1,500 — 28.57% lower the national average of $2,100.