Three Forks, MT
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Three Forks short-term rental market based on reliable data.
Listings
6 / 37
Reliable / Active
Cap Rate
4%
Middle-Earners Gross Yield
Revenue
$22,813
Middle-Earners Revenue
Occupancy
52%
Middle-Earners Occupancy
Home Value
$538,228
Median Home Sale Price
Top Earners
$35,570
Top-Earners Revenue
Three Forks
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Three Forks.
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Generally Investor friendly
Three Forks Regulations
STRs are allowed citywide because Townsend has no ban and Montana is a property‑rights state; there are no hard caps or bans. Compliance requires moderate steps—zoning confirmation, a county fire‑protection plan/certification, standard building/fire/life‑safety adherence, possible DPHHS licensing if amenities like food or pools are offered, and state lodging tax registration. The absence of a city‑specific STR ordinance introduces some uncertainty, but processes are straightforward and not onerous.
Local STR Agent
STR specialist · Three Forks, MT
About Three Forks
Three Forks is a city in Gallatin County, Montana, United States and is located within the watershed valley system of both the Missouri and Mississippi rivers drainage basins — and is historically considered the birthplace or start of the Missouri River. The population was 1,989 at the 2020 census. The city of Three Forks is named so because it lies geographically near the point, in nearby Missouri Headwaters State Park, where the Jefferson, Madison, and Gallatin rivers converge to form the Missouri River — the longest single river in North America, as well as the major portion of the Missouri–Mississippi River System from the headwaters near Three Forks to its discharge into the Gulf of Mexico. Three Forks is part of the Bozeman, MT Micropolitan Statistical Area of approximately 100,000 people and located thirty miles west of Bozeman.