Commercial Real Estate Market in Columbia Falls, MT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
137 active listings and 642 off-market properties in Columbia Falls, MT. Commercial property asks $1,670/SF to buy and $26.85/SF/Yr to lease.
Market Trends
Columbia Falls, MT spans 188.9 square miles in Flathead County, Montana. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Columbia Falls, MT runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Columbia Falls, MT runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Columbia Falls, MT runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Columbia Falls, MT runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Market overview
Demographics & Economy
Columbia Falls, MT has 15,395 residents in 6,831 households. Density runs 81 people per square mile. Median household income here is $73,515 and median gross rent $1,052 a month.
15,395
Population
6,831
Households
2.3
Avg Household Size
43
Median Age
31%
College-Educated
93%
High-School Grad
188.9 sq mi
ZIP Area
81
Density / Sq Mi
$73,515
Median Household Income
$38,529
Median Earnings
$1,052
Median Rent
$438,000
Median Home Value
Tools
Nearby Markets
Commercial property in Columbia Falls, MT asks $1,670/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Columbia Falls?
Commercial property in Columbia Falls, MT asks an average of $1,670 per square foot.
How much does it cost to lease commercial space in Columbia Falls?
Asking lease rates in Columbia Falls, MT average $26.85 per square foot per year.
Where does Realmo's Columbia Falls market data come from?
Realmo compiles Columbia Falls, MT figures from 122 active sale listings, 15 active lease listings, 642 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 122 active for-sale and 15 active for-lease listings in Columbia Falls, MT. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
