Commercial Real Estate Market in Ronan, MT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
17 active listings and 264 off-market properties in Ronan, MT. Commercial property asks $778/SF to buy and $15.00/SF/Yr to lease.
Market Trends
Ronan, MT spans 186.2 square miles in Lake County, Montana. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Ronan, MT runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Ronan, MT runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Ronan, 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 Ronan, MT runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 59.7%
- Commercial 33.6%
- Industrial 3.4%
- Open space 3.4%
Largest Zones share of zoned land by district
Residential
Mixed Commercial Residential
Residential
Highway Commercial
Mixed Commercial Industrial
Ronan, MT zones 932 acres across 8 districts. Commercial zoning covers 33.6% of zoned land, residential 59.7%, open space 3.4% and industrial 3.4%. The largest single district is Residential at 33.9%. For commercial buyers the practical constraint is that only 36.9% of land carries a commercial or industrial designation.
Residential (R-A)
This is intended for larger lot single family and two family dwellings with the potential for parks and home occupations that generate very little vehicle traffic.
Market overview
Demographics & Economy
Ronan, MT has 7,348 residents in 2,818 households. Density runs 39 people per square mile. Median household income here is $60,305 and median gross rent $841 a month.
7,348
Population
2,818
Households
2.6
Avg Household Size
38
Median Age
23%
College-Educated
92%
High-School Grad
186.2 sq mi
ZIP Area
39
Density / Sq Mi
$60,305
Median Household Income
$29,012
Median Earnings
$841
Median Rent
$271,700
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Ronan?
Commercial property in Ronan, MT asks an average of $778 per square foot.
How much does it cost to lease commercial space in Ronan?
Asking lease rates in Ronan, MT average $15.00 per square foot per year.
What zoning applies to commercial property in Ronan?
Ronan, MT zones 932 acres across 8 districts, of which 33.6% is commercial and 3.4% industrial. The largest single district is Residential at 33.9% of zoned land. This is intended for larger lot single family and two family dwellings with the potential for parks and home occupations that generate very little vehicle traffic. Residential zoning covers 59.7% and open space 3.4%.
Where does Realmo's Ronan market data come from?
Realmo compiles Ronan, MT figures from 16 active sale listings, 1 active lease listings, 264 tracked off-market properties, the current Ronan zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 16 active for-sale and 1 active for-lease listings in Ronan, 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.
- Zoning and land use
- The current municipal zoning release: 932 zoned acres across 8 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- 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
