Fort Peck, MT

  • Overview
  • Performance
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Key Performance Metrics

Market snapshot

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

Listings

37 / 58

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$31,922

Middle-Earners Revenue

Occupancy

61%

Middle-Earners Occupancy

Home Value

$351,479

Median Home Sale Price

Top Earners

$50,838

Top-Earners Revenue

Fort Peck

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Fort Peck.

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B

Generally Investor friendly

Fort Peck Regulations

STRs are permitted statewide as public sleeping accommodations; operators must submit a plan review to the county sanitarian and obtain licensure/registration, which involves moderate permitting and inspections but is a known, manageable process. No city caps or explicit bans were identified, and the city’s tone is neutral/supportive, making compliance a regular hurdle rather than a deterrent.

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About Fort Peck

Fort Peck is a small, sparsely populated community in northeastern Montana, situated in McCone County near the Missouri River. With a population of just a few hundred residents, the town has a quiet, outdoorsy character shaped by the surrounding prairie and the massive reservoir nearby. It is best known as the namesake of and gateway to the Fort Peck Dam and Fort Peck Lake, a sprawling body of water that draws hunters, anglers, and boaters from across the region. The nearest town of any size is Glasgow, about 30 miles to the west, while the closest major metropolitan area is Billings, roughly 380 miles to the southwest.

The most prominent feature in the area is Fort Peck Dam, completed in 1940 as one of the largest earth-fill dams in the United States and a centerpiece of the Missouri River's system of flood-control and navigation projects. The dam itself is about five miles from town and is open for self-guided and ranger-led tours during the warmer months, with a visitor center that walks through the engineering, geology, and labor history of the project. Standing on the dam roadway offers sweeping views of the lake and the rugged breaks country beyond, which makes it a popular stop for road-trippers traveling through eastern Montana.

Just downstream and forming the heart of the region's recreation economy is Fort Peck Lake, one of the largest reservoirs in the country and a year-round outdoor playground. The lake's more than 1,500 miles of shoreline host walleye, northern pike, and paddlefish fishing, along with boating, swimming, and ice fishing in winter. Several marinas and state park units ring the reservoir, and the surrounding rolling grasslands and badlands are popular for wildlife watching, with mule deer, pronghorn, and the occasional elk making regular appearances.

A short drive to the north and west lies the Charles M. Russell National Wildlife Refuge, a vast expanse of native prairie and river breaks that encompasses more than a million acres along the upper Missouri. Named for the Western artist who spent years sketching the area, the refuge is a destination in its own right for birders, big-game hunters, and anyone drawn to wide-open Montana skies. Closer to home, the town of Glasgow offers the nearest full-service amenities, including grocery stores, restaurants, and a small historic downtown that anchors the region's daily life.

For short-term rental owners, Fort Peck's appeal lies in the combination of a genuinely off-the-beaten-path setting with destination-scale outdoor recreation. Visitors who book a stay are typically coming for fishing trips, hunting seasons, dam tours, or simply to experience a quieter corner of Montana, and the limited lodging options in the immediate area mean well-placed properties can capture steady seasonal demand from a loyal outdoor recreation crowd.

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