Dillon, MT

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

104 / 185

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$22,094

Middle-Earners Revenue

Occupancy

58%

Middle-Earners Occupancy

Home Value

$398,655

Median Home Sale Price

Top Earners

$40,266

Top-Earners Revenue

Dillon

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Dillon.

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C

Challenging to Investors

Dillon Regulations

No STR regulatory content provided for Dillon, MT—absence of clear rules on legality, permitting, caps, and enforcement creates compliance uncertainty and elevated investor risk.

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About Dillon

Dillon is a small, friendly city in southwestern Montana and the county seat of Beaverhead County, with a population of roughly 4,000 residents. Set in a wide valley along the Beaverhead River, it has the easygoing character of a rural college town, anchored by the University of Montana Western, and serves as a natural gateway to some of the most wide-open country in the Northern Rockies. The town sits along Interstate 15, about 65 miles south of Butte and roughly 125 miles east of Idaho Falls, making it a logical overnight stop for travelers looping between Yellowstone and the Pacific Northwest.

Just under half an hour southwest of town, Bannack State Park preserves the original territorial capital of Montana as a remarkably intact gold rush ghost town. Visitors can wander dozens of weathered wooden buildings along a dirt main street, peek into the old hotel, schoolhouse, and jail, and learn about the 1862 gold strike that drew thousands of prospectors to the area. The site, managed by Montana State Parks, is open seasonally and is one of the best-preserved frontier towns in the West.

A little farther afield, Big Hole National Battlefield lies about 60 miles west of Dillon in the Bitterroot Valley. The park commemorates the 1877 battle in which U.S. forces clashed with a band of Nez Perce during their attempted flight toward Canada, and the visitor center, walking trail, and annual commemorative events draw history-minded travelers each summer. The drive itself passes through the rolling grasslands and mountain foothills that define this corner of the state.

Outdoor recreation is woven into the Dillon experience year-round. The surrounding Beaverhead-Deerlodge National Forest blankets the flanks of the Pioneers, the Tobacco Roots, and the Centennial Mountains with trails for hiking, mountain biking, horseback riding, and fall hunting. In winter, the small family-run Maverick Mountain ski area, about 30 miles northwest, offers laid-back downhill skiing and snowboarding without the crowds of the larger Montana resorts, while Clark Canyon Reservoir, just south of town, is a popular spot for trout fishing, camping, and warm-season boating.

For short-term rental owners, Dillon's appeal comes from its position as a crossroads for very different travelers. Summer guests arrive for ghost-town tours, river floating, and national-park road trips, while winter visitors appreciate the quiet, uncrowded skiing and snowmobiling. The presence of the university adds a steady stream of visiting families, athletes, and academics, and the town's compact, walkable core with its historic main street gives visitors an authentic small-Montana experience that pairs naturally with the dramatic landscapes just beyond the city limits.

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