Montana park residents bargained a 3% lot rent cap with their Texas owner
Residents of two Montana mobile home parks owned by Oak Wood Ventures organized and bargained a 3% cap on lot rent increases.
Key facts
- Monthly lot rent at Travois Village in Missoula rose by $200 after Oak Wood Ventures, a Texas company, bought the park.
- The company later sought another $150 at Travois and at a second park in Bonner, which would have taken monthly lot rent to $795 and $770.
- Residents worked with the Missoula Tenants Union and formed unions in their own parks, and the proposed increase was cut to $50.
- Oak Wood also agreed to a 3% cap, so that year's increase could be no more than $19, according to the Montana Free Press.
- Montana law limits traditional rent control, so the cap came from bargaining rather than legislation.
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Source: In Montana, tenant unions turned steep lot rent hikes into a rare 3% cap — Yahoo, August 16, 2026. Summary and commentary by RISE Community; read the full story at the source.
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