7 Best Neighborhoods for Your Money in Bozeman, MT

It’s no secret that homes in Bozeman are expensive. That said, there are still parts of Bozeman where buyers can stretch their budget a bit further. 

“Affordable” is relative in this market, but these neighborhoods tend to offer better price-per-square-foot, larger lots, or stronger long-term value compared to much of the city.

Here are 7 Bozeman neighborhoods where you may get more bang for your buck.

Elk Grove

Located just outside Bozeman in Four Corners, Elk Grove is a large community of roughly 300 single-family homes. Homes and lots here tend to be larger than average for Bozeman, and the price per square foot is often more favorable.

Many lots in Elk Grove are at least a quarter acre, offering more outdoor space than most in-town neighborhoods. Elk Grove also stands out for its amenities, including trails, a pond, parks, ball fields, and mountain views.

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Brentwood

Brentwood is a small, established neighborhood centrally located near Emily Dickinson Elementary School. Most homes were built in the 1990s, and some listings reflect that, which can translate into lower purchase prices compared to nearby neighborhoods like Harvest Creek.

For buyers willing to take on updates, Brentwood can be a smart value play. The neighborhood features mature landscaping, a small internal trail, and easy access to North 19th Avenue shopping and dining. Despite its central location, Brentwood has that quiet neighborhood feel. 

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Allison Subdivision

South Bozeman has long been one of the most desirable areas of town, which typically comes with higher prices. Allison Subdivision is one of the more attainable pockets on the south side, located just south of Montana State University and west of Morning Star Elementary.

The neighborhood offers nearby trails and parks, along with convenient access to downtown Bozeman, making it a solid option for buyers who want south-side proximity without some of the premium price tags found nearby.

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Norton Ranch

Norton Ranch is a newer, master-planned community in West Bozeman that tends to be more affordable than many other recent subdivisions. Most homes average around three bedrooms, two bathrooms, and under 2,000 square feet.

The neighborhood includes walking trails, a park, and a community garden — appealing features for buyers looking for newer construction without top-of-market pricing.

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Valley Unit

Developed in the 1980s, Valley Unit is an established west-side neighborhood known for its larger-than-average lot sizes compared to newer developments. It is in a great central location and has a large park at the center of the neighborhood.

Home prices tend to be in line with surrounding areas, but the additional outdoor space and mature neighborhood feel give home buyers more bang for their buck. 

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Cattail Creek

Cattail Creek includes both single-family homes and condominiums, and it’s one of the better value areas in Bozeman for condo buyers. The neighborhood features trails, parks, open space, and a basketball court, with varied architecture that avoids a cookie-cutter feel.

Cattail Creek is a great option for buyers focused on lower price points without sacrificing neighborhood amenities.

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Durston Meadows

One of Bozeman’s earlier west-side subdivisions, Durston Meadows, dates back to the late 1990s. Originally popular with investors and student renters, the neighborhood has gradually shifted toward a more balanced mix of rentals and owner-occupied homes.

Homes here typically feature 3–4 bedrooms and 2–3 bathrooms and offer more space for the price than many nearby neighborhoods. The location — near Emily Dickinson Elementary and between Durston and Oak — adds to its long-term appeal.

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