Vacation Rental Investment Property in Bozeman

by Liz Nitz

Rental Investment Property in Bozeman

A few years ago, Bozeman redid the city zoning map. In an attempt to control and steer growth, and to keep home prices affordable, Vacation Rental Investment Property were curtailed and limited to very specific areas.  Any grandfathered vacation rentals could not keep that status if the home sold.  Bozeman also designated some areas as higher density which would allow for ADUs to be built on the property.

Short Term Rentals are defined in Sec. 38.42.2835 of the Bozeman Municipal Code as:

“A vacation home, tourist home as defined in MCA 50-51-102, a dwelling as defined in 38.42.940, accessory dwelling unit, or room within a vacation home or dwelling, which is rented by or on behalf of the owner to the general public for compensation for transient occupancy as provided for in article 22.”

 

The distinctions between different types of Short terms rentals

  • Type-1:  A short term rental of one or more bedrooms in an owner-occupied dwelling while the owner is occupying the same dwelling unit for the entire rental period.
  • Type-2:
    1. A short term rental of an owner-occupied dwelling if the owner is not occupying the dwelling during the entire rental period.
    2. A short term rental of a permitted accessory dwelling unit (ADU) whether or not the ADU’s owner is present in the primary dwelling unit during the rental period.
    3. A short term rental of one dwelling unit within a duplex whether or not the duplex’s owner is present in the duplex’s other dwelling unit during the rental period.
  • Type-3:   A short term rental that is not owner-occupied.

Bozeman zoning map

  • The red areas do not allow vacation rentals of any kind.
  • The orange areas only allow type 1 vacation rental.
  • The yellow areas only allow type 1 or 2 vacation rental.
  • The green areas allow all types of vacation rental.

As Bozeman is a favorable destination spot for vacationers, the type 3 Green properties are very desirable for investment purposes.

What Should Affordable Housing Look Like in Bozeman?

Where to start investing in vacation rentals in Bozeman

The following is a list of the green zones allowing all types of vacation rental investment properties, with up-to-the-minute active listings. When you save the search on each page, you will receive email updates any time a new listing is added to the MLS!

  • Bozeman South
  • Bozeman East
  • Bozeman Main Street
  • Bozeman Huffine
  • Bozeman Four Corners
  • Bozeman North 7th
  • Bozeman North 19th
  • Bozeman Baxter West

Share

No Comments

Post A Comment

More In

New on the MLS

Latest Listings

The following homes listed below were just listed in the last 7 days. This seller’s market is hot so we keep a close eye on the latest inventory. Subscribe below for instant updates of your ideal criteria.

Sort Option
  • Listing ID
  • Built up Area
  • Price
  • Pictures
  • Add date
  • Featured
Grid
List
Map
RSS
Save Search

207 Falconers Way, Bozeman, Montana 59718, Bozeman, Montana 59718

207 Falconers Way, Bozeman, Montana 59718, Bozeman, Montana 59718

3Bedroom(s)
2Bathroom(s)
0.19Acre
1,920Sqft
Welcome to your new home in the serene Falcon Hollow subdivision! This beautifully maintained 3-bedroom, 2-bathroom single-family residence spans 1,920 square feet on a single level, offering comfort and style with stainless steel appliances, granite countertops throughout, engineered hardwood floors, a gas fireplace and updated light fixtures.
$719,900

3105 Madrona Lane, Bozeman, Montana 59715, Bozeman, Montana 59715

3105 Madrona Lane, Bozeman, Montana 59715, Bozeman, Montana 59715

5Bedroom(s)
3Bathroom(s)
0.19Sqft
3,053Sqft
Ideally situated on a corner lot in the highly sought-after Alder Creek subdivision, this stunning custom-built 5-bedroom, 3-bathroom family home is brimming with premium upgrades. Enjoy the comfort of air conditioning, walk-in closets in every bedroom, cherry cabinetry + granite countertops in the kitchen, laundry room, and all bathrooms.
$1,095,000

1948 Southbridge Drive B, Bozeman, Montana 59718, Bozeman, Montana 597

1948 Southbridge Drive B, Bozeman, Montana 59718, Bozeman, Montana 59718

3Bedroom(s)
2Bathroom(s)
1,494Sqft
Beautiful condo in Bozeman's desired Southside! Enjoy the convenient, turn key living while being in the picturesque landscape of south Bozeman. This condo has vaulted ceilings and open concept living and kitchen area perfect for entertaining. Enjoy the walkout covered deck from the living room, spacious and made for relaxing and enjoying the mountain views.
$599,000

510 Greenway Ave, Bozeman, Montana 59718, Bozeman, Montana 59718

510 Greenway Ave, Bozeman, Montana 59718, Bozeman, Montana 59718

3Bedroom(s)
2Bathroom(s)
0.11Sqft
1,450Sqft
Sunny and cozy one-level townhome with in-floor radiant heat located off of Durston, just West of 19th Ave. This beautifully updated southern-exposure townhouse is centrally located to everything Bozeman. Featuring 3 bedrooms, 2 bathrooms, vaulted open-concept living space, newly installed LVP and carpeting, new interior doors and hardware, new base and case trim, and freshly painted walls.
$495,000

340 Kermodi Street, Bozeman, Montana 59715, Bozeman, Montana 59715

340 Kermodi Street, Bozeman, Montana 59715, Bozeman, Montana 59715

5Bedroom(s)
2Bathroom(s)
1.01Sqft
3,630Sqft
Welcome to 340 Kermodi Street – Your Gateway to Bozeman Living! Nestled in one of Bozeman’s most desirable neighborhoods, 340 Kermodi Street, a 2013 Parade Home, offers the perfect blend of comfort, style, and Montana’s breathtaking natural beauty.
$1,630,000

824 Matheson Way, Bozeman, Montana 59715, Bozeman, Montana 59715

824 Matheson Way, Bozeman, Montana 59715, Bozeman, Montana 59715

3Bedroom(s)
2Bathroom(s)
0.08Acre
1,999Sqft
Well cared for townhome. Three Bedroom/3 Bathroom. Single car attached garage. Main floor has one bedroom, 3/4 bathroom, kitchen, dining area, Livingroom with gas fireplace, tall ceiling with ceiling fan. Second floor has 2 bedrooms, 2 full bathrooms, a large flex room, laundry closet and overlooks Livingroom. Come and enjoy your new home.
$575,000

626 E Cottonwood 1, Bozeman, Montana 59715, Bozeman, Montana 59715

626 E Cottonwood 1, Bozeman, Montana 59715, Bozeman, Montana 59715

2Bedroom(s)
3Bathroom(s)
2,606Sqft
This distinctive and creative two bedroom condo is located in the desirable Brewery District of NorthEast Bozeman. The James Beard Awarded Wild Crumb Bakery, Finks Deli and Treeline coffee are on the same block, and it is located just blocks from 2 breweries and several art galleries. Enjoy close proximity to Historic Downtown Bozeman with its plentiful dining and shopping options.
$1,050,000

721 N Aster Ave, Bozeman, Montana 59718, Bozeman, Montana 59718

721 N Aster Ave, Bozeman, Montana 59718, Bozeman, Montana 59718

4Bedroom(s)
3Bathroom(s)
0.17Sqft
2,298Sqft
Welcome to your dream home in the desirable Harvest Creek Subdivision! This spacious 4-bedroom, 3-bath residence offers the perfect blend of comfort, functionality, and modern charm. Step inside to an inviting layout featuring a living room with vaulted ceilings, a well-appointed kitchen with ample counter space, and a dining area ideal for both everyday living and entertaining.
$799,000

216 S 3rd Avenue, Bozeman, Montana 59715, Bozeman, Montana 59715

216 S 3rd Avenue, Bozeman, Montana 59715, Bozeman, Montana 59715

3Bedroom(s)
1Bathroom(s)
0.20Acre
2,950Sqft
Step into the timeless charm of this beautifully preserved Colonial Revival in Bozeman’s beloved Bon Ton Historic District. Built in 1907 by Frederick Bull and proudly listed on the National Register of Historic Places, this home offers a rare opportunity to own a piece of Bozeman history—thoughtfully updated for modern living.
$1,350,000
95 Results returned.Per Page