Helena vs Nearby Cities
Helena is one of the more expensive cities in west-central Montana. Real estate prices are similar to those seen in nearby Montana City, but they’re significantly higher than other surrounding cities. The median listing price can go as high as $300,000 in Helena and Montana City, and it’s common for buyers to pay more than $130 per square foot in these cities. Compare that to East Helena, where the median listing price tends to stay around $200,000 and may even go lower at times. Jefferson City is located about 15 miles south and offers an average listing price well below $100,000 much of the time. It’s not difficult for buyers to pay less than $100 per square foot in these competing cities.
Helena Property Managers
From collecting rent and ensuring that the bills are paid to overseeing maintenance and repairs, a property manager can handle the long to-do list that comes with any rental property. They may also oversee marketing, tenant screening and the process of filing taxes. For busy property owners, a great manager is the key to profitability.
Helena Property Management Company Fees
An experienced property manager may charge up to 14 percent of the rent collected from your rental property. This rate is often based on the size and condition of your property, and you may have additional expenses for services not included in the standard contract.
Montana Landlord/Tenant Laws
- While the State of Montana places no restrictions on what landlords may charge for the security deposit, some local governments have set maximum limits that landlords must follow.
- Montana landlords have just 10 days to return a tenant’s security deposit if they don’t intend to withhold funds.