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Libby, MT Home for Rent

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    $1,350 Per Month

    • 2 Beds
    • 1 Bath
    • 980 Sq Ft
    • House for Rent

    410 Dakota Ave, Libby, MT 59923

    Property Id: 1266536 Welcome to your new abode! This delightful 2 bedroom, 1 bathroom home offers comfortable living in a convenient one-level layout. This home is available Fully Furnished. Located in a peaceful neighborhood. One-Level Convenience: This home's single-level design enhances accessibility and ease of movement throughout the living spaces. Washer and Dryer Included:

    410 Dakota Ave, Libby, MT 59923

Why Live in Libby

Libby, MT is a small community in northwestern Montana surrounded by vast protected lands, including the 2.2-million-acre Kootenai National Forest. This forest offers year-round outdoor recreation with 1,400 miles of trails for hiking, mountain biking, and horseback riding, along with winter activities like cross-country skiing and snowmobiling. The Kootenai River flows through Libby, providing opportunities for fly fishing and floating, while Riverfront Park and Fireman Memorial Park offer local recreational spaces. Housing options in Libby range from Craftsman-style bungalows in the town center to custom homes on spacious lots near the river. The Creek View Estates subdivision features newer homes. Mineral Avenue, the walkable downtown district, has a variety of businesses, including Smoking Gun BBQ, Fix Coffeehouse, and Cabinet Mountain Brewing Company. Annual events like Ignite the Nites car show and Riverfront Blues Festival draw visitors. Libby Middle School is highly rated, offering sports and extracurricular activities. Residents have access to medical services at Cabinet Peaks Medical Center and can travel via U.S. Highway 2, Amtrak’s Empire Builder line, or Glacier Park International Airport, located 90 miles away in Kalispell.

Frequently Asked Questions

How much does it cost to rent a home in Libby, MT?
The median rent for a home in Libby, MT is $1,350 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Libby, MT?
To comfortably afford the median rent in Libby, MT, a household needs to earn roughly $54,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,350 per month in Libby, MT, renters typically need to show $4,050 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Libby, MT?
In Libby, MT, the price-to-rent ratio is 19.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,350
Median Single Family Home Rent
$1,350
Median Condo Rent
$1,350
How to Rent a Home