Last checked October 29, 2026.
Anaconda, 25 miles west of Butte, has some of the lowest housing costs in southwest Montana: a single adult needs about $42,200 a year at current asking rents.
At a glance
| Population | 9,597 (Census ACS 2020–2024) |
| Region | Southwest Montana, Anaconda-Deer Lodge County |
| Average 1-bedroom asking rent | $901 (Apartments.com, Oct 2026) |
| Median rent paid, Census | $696 all units (utilities included; 2020–2024 average) |
| Median home value, Census | $231,700 (2020–2024) |
| Median household income, Census | $57,527 (2020–2024) |
| Income needed, own 1-bedroom | $42,229 at current asking rents; $34,917 at the Census median rent (all unit sizes) |
| Electric and gas | NorthWestern Energy for both |
| Resort tax | None |
| Hospital / airport | Community Hospital of Anaconda / nearest commercial airport in Butte |
Rent
| Source | 1-bedroom | 2-bedroom | Date |
|---|---|---|---|
| Apartments.com | $901 | Oct 2026 |
The Census American Community Survey puts the median rent actually paid in Anaconda at $696 across all rentals, including utilities (Census ACS 2020–2024). That’s an average over five years and includes long-time tenants, so it runs below what a new renter is quoted today. The Census 1-bedroom figure for Anaconda is too uncertain to use (a margin of error of about 38%).
Monthly budget, own 1-bedroom
| Rent (average 1-bedroom asking rent) | $901 |
| Electric and gas (NorthWestern Energy typical bills) | $195 |
| Car, paid off | $441 |
| Groceries, health premium, phone and internet, eating out, renters insurance, other | $1,018 |
| Total | $2,555 |
| Salary needed with 10% saved, after taxes | $42,229 ($20.30 an hour) |
Same budget as our salary calculator; the car and other lines are explained there. Only one listing site publishes usable Anaconda figures; Zumper’s page gives conflicting numbers, so we haven’t used it. Redfin has no current sale-price data for Anaconda.