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Q2 2026

Bozeman Multifamily Update

Vacancy is dropping, absorption is up and the market is moving back toward equilibrium, setting the stage for tighter conditions ahead.

Orange Bracket (1)

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What's In the Report

Get the insights trusted by Montana’s leading developers and investors.

  • The Supply Picture
    Where the pipeline stands today and why fewer units breaking ground now matters for conditions 18 to 24 months out.
  • The Demand Story
    Who’s renting in Bozeman, why they’re staying, and what keeps demand anchored at the upper end of the market.
  • The Market Data
    Current vacancy trends, absorption activity, and rent movement with context for what it all means heading into the second half of 2026.

Our quarterly reports are built from SterlingCRE’s proprietary market data, the same intelligence our brokerage team uses to guide major transactions statewide.

SterlingCRE Advisors
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