Great Falls vs Nearby Cities
Great Falls is one of the more popular and affordable cities in central Montana. The city’s median home value tends to stay well below $200,000, and the median listing price typically hovers around $180,000. While it’s common for some buyers to pay less than $100 per square foot, the more desirable neighborhoods can easily command prices above $150. Many of the small cities surrounding Great Falls offer lower home prices. For instance, the median listing price in Vaughn is often around $100,000. Fort Benton offers a more diverse real estate market with homes ranging from less than $300,000 to more than $1 million.
Great Falls Property Managers
A property manager is a trained real estate professional with the expertise and managerial skills needed to make a rental property business profitable. They can handle all office duties while interacting with tenants in a professional manner, and some are experts at marketing, accounting and other essential skills.
Great Falls Property Management Company Fees
Most property managers charge between 10 and 14 percent of the rent collected from the property each month. This is considered a base fee that is negotiated for the unique needs of each property owner. The condition of your property and the extent of services delivered will determine your final fee.
Montana Landlord/Tenant Laws
- Landlords in Montana have no limitations when determining the dollar amount of a security deposit.
- When no deductions are withheld from a security deposit, the landlord has 10 days from the tenant’s move-out date to refund the deposit.
- Landlords have up to 30 days to refund a partial security deposit when deductions are taken.