Big Sky Community Housing Trust

We provide affordable and stable homes for residents living and working in Big Sky, Montana.

OUR VISION

Current Housing Opportunities

Big Sky Community Housing Trust takes a multi-pronged approach to creating homes for Big Sky’s residents.

RiverView Apartments

Almost four years after announcing its collaboration with Lone Mountain Land Company, BSCHT welcomed the first residents home to its portion of RiverView Apartments on September 10. Learn more about available rental opportunities at RiverView.

View of Big Sky Community

Rent Local

Rent Local serves as a bridge between local workers and homeowners seeking long-term tenants. By facilitating connections, the program helps locals find homes and owners generate consistent income while contributing to the economic health of our community.

Homeownership

Please join the homeownership interest list if you work full-time in Big Sky and wish to purchase a deed-restricted home. BSCHT will use this list to approve buyers for the future Cold Smoke neighborhood, MeadowView, and the community portion of Yellowtail Residences.

Good Deeds Program

Reclaiming existing homes for locals

Good Deeds assists local buyers by paying up to 20% of a property’s appraised value in exchange for a permanent deed restriction. The restriction requires one occupant to work full-time in Big Sky and strictly bans short-term rentals. The funds provided by Good Deeds are not loans, and the restrictions transfer with ownership in perpetuity.

Why do Big Sky locals need homes?

We believe that everyone deserves a safe, stable place to call home. Unfortunately, many of our community members struggle to meet this basic need.

Since at least 2020, Big Sky has maintained a 0% long-term rental vacancy rate. The lack of inventory impacts residents across all income levels, like Montana teachers struggling with the lowest starting salaries in the country.

Simultaneously, the cost of purchasing a median-priced condo in Big Sky has hovered at $1 million for several years.

%

Increase of median price for single-family homes
From $960,000 in 2019 to $2,000,000 in 2024

%

Down payment increase on a single-family home
From $192,000 in 2019 to $400,000 in 2024

%

Increase of median sales price for condos
From $429,225​ in 2019 to $965,000 in 2024

How We Create Affordable Homes

Big Sky needs 1,354 homes by 2028.

One key strategy is to reclaim existing housing lost to the vacation rental market through programs like Rent Local and Good Deeds. This approach provides immediate inventory.

Another strategy involves partnerships to build new, permanently affordable homes, such as MeadowView Condos, RiverView Apartments, and the future Cold Smoke neighborhood.

In our four-year history as an independent nonprofit, we have successfully reclaimed and constructed:

52

MeadowView Homes Built & Sold

25

RiverView Apartments Built & Rented

16

Homes with Good Deeds Restrictions

136

Rent Local Homes Funded

562

Locals in Workforce Housed

Strategic Plan

Our 10-year targets include providing 1,000 homes reserved for Big Sky residents and securing $100,000,000 in community funding.

Flip through our 2023 Annual Report