Lowest Priced Single-Family Homes For Sale in Bozeman, Montana

Given the current market trends, finding affordable single-family homes in Bozeman can be challenging, but not impossible. If you're searching for the lowest-priced single family homes in Bozeman, this post will highlight the best options currently on the market.

What is considered an "Affordable" home in Bozeman?

Affordability in Bozeman’s real estate market has become a relative term, as home prices remain high compared to national averages. In 2025, the median sales price of a single family home was over $800,000 making it increasingly difficult for buyers on a budget. 

Traditionally, housing is considered affordable when it costs no more than three to four times a household’s annual income. With Bozeman’s median household income estimated at around $79,000*, that would place an “affordable” home somewhere under $315,000. In today’s market, single-family homes at that price point simply don’t exist.

However, in the current market, single-family homes at this price point are nonexistent. This means buyers have to explore surrounding areas, fixer-uppers, or alternative housing options such as townhomes and condos.

Lowest Priced Single Family Homes For Sale in Bozeman

In today’s market, a single-family home priced under $650,000 is generally considered on the lower end for Bozeman. Below is a look at the single-family homes currently available under that price point, and what buyers can realistically expect at this level.

Alternative Options for Home Buyers in Bozeman, Montana

If buyers are open to expanding their search beyond single-family homes, there are still some solid options worth exploring. Certain areas of town offer more value than others, where buyers can often get more space or a lower price point.

✔️ Click here to see the best neighborhoods for affordable homes in Bozeman. 

✔️ Condos and townhomes are another popular alternative. These types of properties tend to come in at a lower price point than single-family homes, making them a more attainable option for many buyers.

✔️ Looking just outside Bozeman is also a strategy many buyers are considering. Nearby communities have grown in popularity in recent years, but generally remain more affordable than homes within city limits.

✔️ Finally, talking with a lender early in the process is key. Understanding your financing options and budget upfront can help narrow your search and make it easier to identify opportunities that make sense for your situation.

If you’re considering buying a home in Bozeman this year, let us know! We would be happy to help you find a real estate agent in Bozeman. Or, sign up for new listing notifications and we’ll let you know when a home in your criteria

*neilsberg.com