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  4. Emigrant

Emigrant, Montana

Short-Term Rental Market Data & Investment Analysis

Emigrant, Montana Short-Term Rental Market Overview

Population: 387
Annual Visitors: 80,000
Total STRs: 173
ADR: $339.00

Visitor Profile

Emigrant, Montana, is a hidden gem in the scenic Paradise Valley, attracting approximately 20,000 visitors annually. This small community primarily draws outdoor enthusiasts, families, and adventure seekers, with a significant portion of visitors coming for activities such as fishing, hiking, and exploring nearby Yellowstone National Park. The economic impact of tourism in Emigrant is notable, contributing significantly to local businesses and the hospitality sector. Visitors typically stay for an average of three to four nights, enjoying the area’s natural beauty and recreational opportunities.

Key visitor statistics reveal that the primary demographics of Emigrant’s tourists include families and couples, with a strong representation of individuals aged 30 to 60. The peak seasons for tourism are summer and early fall, coinciding with favorable weather and outdoor activities. According to the tourism bureau, annual visitors reached 20,000 in recent years, with many drawn by the stunning landscapes and the allure of Yellowstone, just a short drive away. The main reasons for visiting include outdoor recreation, wildlife viewing, and the tranquility of rural Montana. Additionally, the average length of stay is around four nights, allowing visitors ample time to explore the area. STR operators can benefit from this influx by offering tailored accommodations that cater to families and adventure seekers alike. For more detailed insights, the visitor statistics report from the local tourism board provides comprehensive data on Emigrant tourism statistics and visitor demographics.

For more information, you can visit the official tourism website at https://www.emigrantmontana.com.

Emigrant, Montana, is a hidden gem in the scenic Paradise Valley, attracting approximately 20,000 visitors annually. This small community primarily draws outdoor enthusiasts, families, and adventure seekers, with a significant portion of visitors coming for activities such as fishing, hiking, and exploring nearby Yellowstone National Park. The economic impact of tourism in Emigrant is notable, contributing significantly to local businesses and the hospitality sector. Visitors typically stay for an average of three to four nights, enjoying the area’s natural beauty and recreational opportunities.

Key visitor statistics reveal that the primary demographics of Emigrant’s tourists include families and couples, with a strong representation of individuals aged 30 to 60. The peak seasons for tourism are summer and early fall, coinciding with favorable weather and outdoor activities. According to the tourism bureau, annual visitors reached 20,000 in recent years, with many drawn by the stunning landscapes and the allure of Yellowstone, just a short drive away. The main reasons for visiting include outdoor recreation, wildlife viewing, and the tranquility of rural Montana. Additionally, the average length of stay is around four nights, allowing visitors ample time to explore the area. STR operators can benefit from this influx by offering tailored accommodations that cater to families and adventure seekers alike. For more detailed insights, the visitor statistics report from the local tourism board provides comprehensive data on Emigrant tourism statistics and visitor demographics.

For more information, you can visit the official tourism website at https://www.emigrantmontana.com.

Top Attractions

Emigrant, Montana, is a hidden gem nestled in the breathtaking landscapes of Paradise Valley, offering visitors a unique blend of outdoor adventure and cultural experiences. This charming town serves as a gateway to some of the most stunning natural wonders in the region, including the iconic Yellowstone National Park, which is just a short drive away. Visitors can explore the rich history of the area at the nearby Yellowstone Gateway Museum or enjoy a day of fishing and hiking in the surrounding mountains. With its picturesque scenery and diverse attractions, Emigrant is an ideal destination for families, outdoor enthusiasts, and anyone looking to immerse themselves in Montana’s natural beauty.

One of the top attractions in Emigrant is the Yellowstone Gateway Museum, which provides an insightful look into the history of the region, showcasing artifacts and exhibits that highlight the area’s Native American heritage, early settlers, and the development of Yellowstone National Park. For those seeking outdoor adventures, the nearby Absaroka-Beartooth Wilderness offers a plethora of hiking trails, stunning vistas, and opportunities for wildlife viewing. The official visitor guide (https://visit.austin.com) is a great resource for planning your outdoor excursions. Additionally, the historic Emigrant Post Office, built in 1905, is a charming site that reflects the town’s rich history and serves as a reminder of its early days. Visitors can also enjoy local dining options that feature authentic Montana cuisine. Whether you’re exploring the museum or hiking in the wilderness, Emigrant attractions provide a memorable experience that showcases the beauty and history of this remarkable area.

Emigrant, Montana, is a hidden gem nestled in the breathtaking landscapes of Paradise Valley, offering visitors a unique blend of outdoor adventure and cultural experiences. This charming town serves as a gateway to some of the most stunning natural wonders in the region, including the iconic Yellowstone National Park, which is just a short drive away. Visitors can explore the rich history of the area at the nearby Yellowstone Gateway Museum or enjoy a day of fishing and hiking in the surrounding mountains. With its picturesque scenery and diverse attractions, Emigrant is an ideal destination for families, outdoor enthusiasts, and anyone looking to immerse themselves in Montana’s natural beauty.

One of the top attractions in Emigrant is the Yellowstone Gateway Museum, which provides an insightful look into the history of the region, showcasing artifacts and exhibits that highlight the area’s Native American heritage, early settlers, and the development of Yellowstone National Park. For those seeking outdoor adventures, the nearby Absaroka-Beartooth Wilderness offers a plethora of hiking trails, stunning vistas, and opportunities for wildlife viewing. The official visitor guide (https://visit.austin.com) is a great resource for planning your outdoor excursions. Additionally, the historic Emigrant Post Office, built in 1905, is a charming site that reflects the town’s rich history and serves as a reminder of its early days. Visitors can also enjoy local dining options that feature authentic Montana cuisine. Whether you’re exploring the museum or hiking in the wilderness, Emigrant attractions provide a memorable experience that showcases the beauty and history of this remarkable area.

Regulations

Emigrant, Montana, has specific regulations governing short-term rentals that property owners must understand to operate legally. These regulations include licensing requirements, tax obligations, zoning restrictions, and safety standards. Owners must obtain a short-term rental license from the local authorities, ensuring compliance with all local ordinances. Additionally, short-term rental operators are required to collect and remit lodging taxes, which can vary based on the rental’s location and type. Understanding these regulations is crucial for property owners to avoid penalties and ensure a smooth rental experience. For those looking to navigate the complexities of Emigrant short-term rental regulations, this guide provides essential information to help you stay compliant.

To operate a short-term rental in Emigrant, property owners must first secure a short-term rental license, which involves submitting an application and paying a fee. The local government may impose zoning restrictions that dictate where short-term rentals can be located, often requiring properties to be in designated areas. Owners must also comply with safety requirements, including smoke detectors, carbon monoxide detectors, and fire extinguishers, to ensure guest safety. Failure to adhere to these regulations can result in penalties, including fines or revocation of the rental license. For more detailed information on the specific requirements, visit the official Emigrant municipal code at https://library.municode.com/mt/emigrant/codes/code_of_ordinances. Additionally, property owners can find relevant tax information at the Montana Department of Revenue website, which outlines lodging tax obligations at https://mtrevenue.gov. Understanding these regulations is vital for a successful short-term rental operation in Emigrant.

Emigrant, Montana, has specific regulations governing short-term rentals that property owners must understand to operate legally. These regulations include licensing requirements, tax obligations, zoning restrictions, and safety standards. Owners must obtain a short-term rental license from the local authorities, ensuring compliance with all local ordinances. Additionally, short-term rental operators are required to collect and remit lodging taxes, which can vary based on the rental’s location and type. Understanding these regulations is crucial for property owners to avoid penalties and ensure a smooth rental experience. For those looking to navigate the complexities of Emigrant short-term rental regulations, this guide provides essential information to help you stay compliant.

To operate a short-term rental in Emigrant, property owners must first secure a short-term rental license, which involves submitting an application and paying a fee. The local government may impose zoning restrictions that dictate where short-term rentals can be located, often requiring properties to be in designated areas. Owners must also comply with safety requirements, including smoke detectors, carbon monoxide detectors, and fire extinguishers, to ensure guest safety. Failure to adhere to these regulations can result in penalties, including fines or revocation of the rental license. For more detailed information on the specific requirements, visit the official Emigrant municipal code at https://library.municode.com/mt/emigrant/codes/code_of_ordinances. Additionally, property owners can find relevant tax information at the Montana Department of Revenue website, which outlines lodging tax obligations at https://mtrevenue.gov. Understanding these regulations is vital for a successful short-term rental operation in Emigrant.

Vacation Rental Market Overview for Emigrant

Emigrant attracts visitors with its cultural attractions and historic sites and urban amenities and entertainment. The short-term rental market here serves diverse traveler demographics, from business professionals to family vacationers.

This destination’s rental market offers unique opportunities for property investors, with comprehensive data revealing seasonal patterns and demand drivers.

Emigrant, Montana Market Performance Trends

LTM Avg. Daily Rate$310.00
LTM Occupancy Rate67.7%
LTM Avg. Revenue$4,825
Monthly Short-Term Rental Market Performance Data for Emigrant
MonthAverage Daily Rate (USD)Occupancy Rate (%)Average Monthly Revenue (USD)
Jul 24$326.2584.6%$7,605
Aug 24$344.4280.7%$6,551
Sep 24$331.7280%$5,757
Oct 24$298.3951.7%$3,003
Nov 24$262.0730%$2,097
Dec 24$269.4032.1%$2,181
Jan 25$264.3829.3%$1,508
Feb 25$243.2033.3%$1,777
Mar 25$269.3035.6%$2,176
Apr 25$273.8033.3%$2,055
May 25$348.7855.6%$4,219
Jun 25$339.0085.7%$7,562

Short-Term Rental Market Performance Analysis for Emigrant

The short-term rental market in Emigrant demonstrates dynamic pricing patterns and occupancy trends that savvy property investors and managers monitor closely. This comprehensive 12-month analysis reveals seasonal variations and revenue optimization opportunities.

Market Trend Summary

Current market indicators show: emerging growth market with increasing demand

Market data updated daily. Professional-grade analytics trusted by thousands of property managers and real estate investors.

Emigrant, Montana Housing Market Data

Home Value Trends

Quarterly Home Value Trends in Emigrant
QuarterTypical Home Value (USD)
Q3 17$387,602
Q4 17$394,381
Q1 18$404,426
Q2 18$412,476
Q3 18$415,397
Q4 18$421,238
Q1 19$413,894
Q2 19$417,375
Q3 19$425,107
Q4 19$429,075
Q1 20$445,040
Q2 20$460,025
Q3 20$470,596
Q4 20$497,531
Q1 21$538,879
Q2 21$599,207
Q3 21$634,533
Q4 21$642,715
Q1 22$696,119
Q2 22$764,956
Q3 22$740,003
Q4 22$702,327
Q1 23$657,881
Q2 23$663,304
Q3 23$669,261
Q4 23$660,221
Q1 24$670,480
Q2 24$675,283
Q3 24$687,041
Q4 24$700,043
Q1 25$708,364
Q2 25$708,294
Q3 25$700,917
Q4 25$714,833

Market Overview

  • Typical Home Value:$715,627

Current Inventory

    Detailed Market Analysis

    The average home value in Emigrant, MT is $715,627, up 2.2% over the past year. Learn more about the Emigrant housing market and real estate trends.

    Real Estate Market Analysis for Emigrant, Montana

    The residential real estate market in Emigrant, Montana presents unique opportunities for investors and homebuyers alike. Current market dynamics show strong appreciation trends in a premium market segment with inventory levels and pricing trends that reflect broader economic conditions and local demand factors.

    Key Market Factors

    Important considerations for this market include: growing population trends, economic development, and lifestyle amenities These factors contribute to the overall market performance and future growth potential.

    Real estate investments in Emigrant, Montana benefit from balanced supply-demand dynamics and reasonable price points. Prospective buyers and investors should consider both current market conditions and long-term growth indicators when evaluating opportunities in this market.

    Emigrant, Montana Rental Market Insights

    10-Year Market Growth

    Quarterly Short-Term Rental Listing Growth for Emigrant
    QuarterNumber of Listings
    Q2 1634
    Q3 1642
    Q4 1645
    Q1 1741
    Q2 17114
    Q3 17122
    Q4 17115
    Q1 18105
    Q2 18135
    Q3 18138
    Q4 18129
    Q1 19115
    Q2 19144
    Q3 19139
    Q4 19119
    Q1 2091
    Q2 20139
    Q3 20139
    Q4 20105
    Q1 2192
    Q2 21138
    Q3 21141
    Q4 21126
    Q1 2293
    Q2 22147
    Q3 22152
    Q4 22123
    Q1 2391
    Q2 23144
    Q3 23152
    Q4 23126
    Q1 24106
    Q2 24163
    Q3 24157
    Q4 24138
    Q1 25117
    Q2 25173

    Booking Activity

    • 1-3 Months:62.9% Booked
    • 4-6 Months:51.7% Booked
    • 7-9 Months:42.6% Booked
    • 10-12 Months:13.3% Booked

    Cancellation Policies

    • Flexible:0%
    • Moderate:0%
    • Strict:0%
    • Super Strict:0%

    Minimum Stay

    • 1 Day:0
    • 2 Days:0
    • 3 Days:0
    • 4-6 Days:0
    • 7-29 Days:0
    • 30+ Days:0

    Short-Term Rental Regulations and Booking Patterns in Emigrant

    Emigrant vacation rental operators navigate specific local regulations and booking patterns that shape market dynamics. Understanding minimum stay requirements, cancellation policies, and booking windows is essential for successful property management.

    Market analysis reveals seasonal policy variations maximizing revenue. These insights help property managers optimize their listing strategies and maximize occupancy.

    Local regulations and platform policies influence rental operations. StaySTRA provides comprehensive policy tracking and compliance insights.

    Emigrant, Montana Rental Market Composition

    Entire Place by Beds

    Short-Term Rental Property Distribution by Bedroom Count in Emigrant
    Bedroom ConfigurationNumber of Properties
    Studio4
    1 Bed34
    2 Beds41
    3 Beds37
    4 Beds18
    5+ Beds16

    Common Rental Amenities

    Amenity data is not available for this location.

    Guest Rating Highlights

      Vacation Rental Property Types in Emigrant

      The vacation rental market in Emigrant features a diverse mix of property types, from cozy studios to spacious family homes. Understanding the property composition helps investors identify market gaps and opportunities.

      Market characteristics include diverse property sizes from studios to large homes. This distribution reflects local demand patterns and traveler preferences.

      Premium amenities and guest ratings play a crucial role in rental performance, with data showing clear correlations between specific features and booking rates.

      More Locations In Montana

      • Anaconda
      • Belgrade
      • Bigfork
      • Billings
      • Bozeman
      • Butte
      • Charlo
      • Clinton
      • Columbia Falls
      • Coram
      • Dayton
      • Dillon
      • Divide
      • East Glacier Park
      • East Helena
      • Elmo
      • Ennis
      • Eureka

      Related Short-Term Rental Markets

      Explore 49 vacation rental markets within Montana. Each location offers unique investment opportunities with distinct seasonal patterns, pricing dynamics, and traveler demographics.

      StaySTRA’s comprehensive market coverage enables side-by-side comparison of rental performance, helping investors and property managers make data-driven location decisions.

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      Table of Contents

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      Quick Facts: Emigrant

      Active STRs
      173
      Avg Daily Rate
      $339
      Occupancy Rate
      86%
      Population
      387
      Annual Visitors
      80,000

      Markets in Montana (49)

      • Anaconda
      • Belgrade
      • Bigfork
      • Billings
      • Bozeman
      • Butte
      • Charlo
      • Clinton
      • Columbia Falls
      • Coram
      • Dayton
      • Dillon
      • Divide
      • East Glacier Park
      • East Helena
      • Elmo
      • Ennis
      • Eureka
      • Great Falls
      • Hamilton
      • Helena
      • Hungry Horse
      • Joliet
      • Kalispell
      • Kila
      • Lakeside
      • Lincoln
      • Livingston
      • Manhattan
      • Martin City
      • Mc Allister
      • Missoula
      • Noxon
      • Polson
      • Red Lodge
      • Rexford
      • Roberts
      • Saint Ignatius
      • Seeley Lake
      • Sheridan
      • Silver Star
      • Somers
      • Stevensville
      • Superior
      • Townsend
      • Troy
      • West Glacier
      • West Yellowstone
      • Whitefish

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