Stevensville, MT

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  • Performance
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Key Performance Metrics

Market snapshot

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

Listings

76 / 148

Reliable / Active

Cap Rate

4%

Middle-Earners Gross Yield

Revenue

$24,183

Middle-Earners Revenue

Occupancy

60%

Middle-Earners Occupancy

Home Value

$623,059

Median Home Sale Price

Top Earners

$46,435

Top-Earners Revenue

Stevensville

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Stevensville.

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B

Generally Investor friendly

Stevensville Regulations

Short‑term rentals are permitted citywide, with no city‑specific caps or bans, but investors must follow Montana and county rules: a Public Accommodation License with low fees ($40–$160), a $100 county plan review, and pre‑opening health/fire inspections, plus state lodging‑tax registration. Building permits may be required depending on construction or conversion, and zoning must allow transient lodging. Compliance is straightforward, moderate in cost, and clearly defined, with no restrictive city quotas.

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About Stevensville

Stevensville is a small, historically rich town in Ravalli County in western Montana, nestled along the Bitterroot River at the northern end of the scenic Bitterroot Valley. With a population of roughly 2,000 residents, the town carries the easygoing pace of a rural mountain community, surrounded by ranchland, river bottoms, and the forested slopes of the Sapphire and Bitterroot ranges. It is best known as a gateway to the Bitterroot Valley and the Bitterroot National Forest, and it holds the distinction of being home to some of the oldest Euro-American settlements in Montana. Stevensville sits about 30 miles south of Missoula along U.S. Highway 93, making it a convenient stopover for travelers exploring the broader western Montana region.

Just a short stroll from Stevensville's main street, St. Mary's Mission is widely considered the birthplace of Catholicism in Montana. Founded in 1841 by Father Pierre-Jean De Smet, the mission complex includes a log chapel, a small museum, and a peaceful grove of trees, offering visitors a tangible connection to the early contact period between Jesuit missionaries and the Salish people. Its proximity to town makes it an easy, contemplative stop for history-minded travelers.

A few minutes' drive south of town, the Daly Mansion preserves the elaborately restored Victorian home of Marcus Daly, the Scottish-born copper magnate who helped shape southwestern Montana in the late 1800s. The mansion, set on landscaped grounds, is open seasonally for guided tours that walk visitors through Gilded Age-era furnishings and the story of one of Montana's most influential industrialists.

The surrounding Bitterroot National Forest is the area's marquee natural draw, with trailheads, campgrounds, and fishing access points within a short drive of Stevensville in nearly every direction. Hikers can reach alpine lakes and sweeping ridge walks in under an hour, while the Bitterroot River itself, which parallels the highway, offers blue-ribbon trout fishing right alongside the town.

For short-term-rental investors, Stevensville offers a compelling combination: a recognized historical identity, immediate access to a national forest, and a location within easy reach of Missoula's airport and amenities. The town draws a steady mix of history tourists, anglers, leaf-peepers chasing fall color, and outdoor enthusiasts using it as a basecamp, all of which support consistent seasonal demand for well-located vacation rentals.

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