Libby, MT

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Libby short-term rental market based on reliable data.

Listings

69 / 143

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$21,324

Middle-Earners Revenue

Occupancy

55%

Middle-Earners Occupancy

Home Value

$339,009

Median Home Sale Price

Top Earners

$37,626

Top-Earners Revenue

Libby

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Libby.

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B

Generally Investor friendly

Libby Regulations

Short‑term rentals are explicitly allowed citywide with no caps; single‑unit operation requires only state lodging‑tax registration and standard landlord‑tenant compliance, making it simple and inexpensive. Multi‑unit or multi‑building properties trigger Lincoln County’s single application and Certificate of Compliance process, adding moderate permitting complexity but still a known, manageable pathway. The absence of city‑specific STR barriers and the overall supportive stance keep investor risk low.

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About Libby

Libby is a city in northwestern Montana, United States and the county seat of Lincoln County. The population was 2,775 at the 2020 census.Libby suffered from the area's contamination from nearby vermiculite mines contaminated with particularly fragile asbestos, leading to the town's inclusion in the United States Environmental Protection Agency's National Priorities List status in 2002 and Public Health Emergency event in 2009. Most risk was reduced by 2015. Local natural features, such as the Kootenai Falls,have attracted tourism to the area and have been featured in movies, such as The River Wild (1994) and The Revenant (2015). There is a public school district and a public library, and the town is in-district for Flathead Valley Community College, which operates the Lincoln County Campus there.

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