Choteau, MT

Key Performance Metrics

Market snapshot

Performance indicators for the Choteau short-term rental market based on reliable data.

Listings

27 / 53

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$22,043

Middle-Earners Revenue

Occupancy

52%

Middle-Earners Occupancy

Home Value

$288,323

Median Home Sale Price

Top Earners

$34,354

Top-Earners Revenue

Choteau

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Choteau.

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Generally Investor friendly

Choteau Regulations

Choteau allows STRs citywide with no local permits or caps, relying solely on Montana's state-level Public Accommodation License and lodging taxes. This creates a moderate compliance burden through state licensing, health/safety inspections, and county zoning checks, but avoids restrictive local rules.

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About Choteau

Choteau is a city in and the county seat of Teton County, Montana, United States. The population was 1,721 at the 2020 census.Choteau is named for French fur merchant, trader and explorer Pierre Chouteau, Jr., who is also the namesake of Chouteau County, Montana. Fort Pierre, South Dakota, and Pierre, South Dakota, are also named after Chouteau. Originally a trading post established by A. B. Hamilton in 1873, the town was platted in 1883.