Missoula Multifamily Update Q3 2025
SterlingCRE’s Missoula Multifamily Report (Q3 2025) distills what matters most: from development pipeline trends to the early effects of zoning reform and property tax changes — all backed by verified, local data.
Bozeman Multifamily Mid-Year Outlook: High Vacancy and Developer Hesitation Define Early 2025

Bozeman’s multifamily market is seeing a significant shift. As of Q1 2025, the vacancy rate has climbed to 12.5%, and that figure is expected to rise. Multiple large-scale projects are set to deliver in the second and third quarters of this year, adding more inventory to an already softening market.
Federal Legislation Brings Strategic Incentives for CRE Investors — Especially in Rural Montana
Recently, the U.S. federal government—including Congress, the Senate, and the President—passed the “Big Beautiful Bill.” This bill includes important provisions for commercial real estate (CRE) investors. Within the bill are significant renewals and expansions of two powerful incentives: The Opportunity Zone Program has been extended and modified. 100% Federal Bonus Depreciation is being restored, with […]
2025 Property Tax Changes in Montana: What You Need to Know
There are a few things in life less fun than paying property taxes. Add a brand-new tax rate calculation system and reassessment, and now it’s even more confusing. Welcome to 2025 in Montana. At SterlingCRE Advisors, we’ve been tracking the upcoming changes. We’ve reviewed the legislation and spoken with local tax experts, and we’re here […]
Montana Self-Storage Q2 2025
The Montana Self-Storage Market Update delivers critical insights and hard data on storage performance across the state.
Bozeman Market Outloook 2025
Bozeman’s growth over the past decade set a strong foundation. But in 2025, the commercial real estate market is shifting.
What should investors, developers, and owners watch in the year ahead?
Get the full report for insights by asset class—and clear direction on what to expect next.
Bozeman Multifamily Update Q1 2025
Bozeman’s multifamily market continues to evolve, driven by steady population growth and shifting renter preferences. In this Q3 2024 update, explore key trends in vacancy rates, rental pricing, and new developments shaping the Gallatin Valley.
Bozeman Multifamily Market: What the Numbers Say and What They Don’t
Bozeman’s multifamily market has entered a new chapter—one that many of us saw coming. After years of breakneck construction, surging demand, and double-digit rent growth, the local market is now experiencing its natural correction. Vacancy is rising. But despite more availability, rents have continued to edge upward, with the average hitting $2,166. At a glance, […]
Missoula Multifamily Update Q1 2025
Our latest Missoula Multifamily Update delivers timely data and clear analysis to help you evaluate investment opportunities and make decisions with confidence.
Missoula Housing Affordability: The Real Economic Development Challenge
Missoula has no shortage of big conversations when it comes to economic development. Among all the issues, housing affordability stands out because it impacts nearly every other issue. In 2025, homeownership in Missoula has moved further out of reach for a growing share of the population. While incomes have increased in recent years, home prices […]