According to the 2020 ACS 5-year estimates, most of the homes in Gallatin County with a mortgage fall in-line with the rates seen across the state and nationally with more than half of those homes representing a mortgage cost of less than 20% of the household income5. On the far end of the spectrum however, Gallatin County has 13.4% of homes with a mortgage that have a housing cost burden of 35% or more of the total household income.

More than 13% of mortgage holders in Gallatin County use 35% or more of their monthly household income for mortgage payments5.

The median rental cost for Gallatin County is $711 a month5. More than 31% of renters pay more than 35% of their household income on rent each month5.