Petroleum, located in the scenic state of Montana, is known for its picturesque landscapes, welcoming community, and outdoor recreational opportunities. The area combines small-town charm with access to nature, making it an ideal place for families, retirees, and outdoor enthusiasts. This article delves into the best residential areas in Petroleum, highlighting their unique characteristics, housing options, and average prices.
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Downtown Petroleum

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Downtown Petroleum serves as the cultural and commercial hub of the city. With vibrant local businesses, restaurants, and community events, it offers a lively atmosphere conducive to social engagement and convenience.
Characteristics of the Downtown Petroleum
* Culture: Rich local history, art galleries, and community festivals
* Transportation: Walking-friendly, public transport options available
* Services: Grocery stores, coffee shops, restaurants, and parks
* Environment: Friendly and active community
Housing Options in the Downtown Petroleum
Historic homes, townhouses, and apartments
Average Home Prices in the Downtown Petroleum
* Buying: $250,000 – $350,000
* Renting: $1,200 – $1,600/month
Bear Mountain Estates

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Bear Mountain Estates is a quiet, residential area located on the outskirts of Petroleum. It is characterized by spacious homes, larger lots, and stunning views of the surrounding mountains. This area appeals to families and retirees seeking tranquility.
Characteristics of the Bear Mountain Estates
* Culture: Suburban living with a family-oriented focus
* Transportation: Car essential, limited public transport
* Services: Nearby schools, parks, and recreational centers
* Environment: Peaceful and scenic
Housing Options in the Bear Mountain Estates
Single-family homes, luxury estates
Average Home Prices in the Bear Mountain Estates
* Buying: $300,000 – $500,000
* Renting: $1,500 – $2,200/month
Petroleum River District

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The Petroleum River District is a unique neighborhood known for its proximity to the river and outdoor recreational activities. Residents can enjoy kayaking, fishing, and scenic walking trails along the waterfront. This area is popular among nature lovers and outdoor enthusiasts.
Characteristics of the Petroleum River District
* Culture: Outdoor activities and nature conservation
* Transportation: Access to walking paths and bike trails
* Services: Parks, fishing spots, and picnic areas
* Environment: Relaxed and nature-focused
Housing Options in the Petroleum River District
Waterfront homes, cabins, and condominiums
Average Home Prices in the Petroleum River District
* Buying: $280,000 – $400,000
* Renting: $1,100 – $1,800/month
Green Acres

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Green Acres is a family-friendly neighborhood known for its spacious yards and parks. This area is perfect for those seeking space for children and pets, with easy access to schools and community amenities.
Characteristics of the Green Acres
* Culture: Community-oriented with family events
* Transportation: Car recommended, close to public transport
* Services: Schools, family parks, and community centers
* Environment: Friendly and welcoming
Housing Options in the Green Acres
Single-family homes, duplexes
Average Home Prices in the Green Acres
* Buying: $220,000 – $320,000
* Renting: $900 – $1,400/month
Meadowlark Subdivision

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Meadowlark Subdivision features newer construction homes and a friendly neighborhood vibe. It is ideal for young professionals and families looking for modern amenities within a suburban setting.
Characteristics of the Meadowlark Subdivision
* Culture: Modern living with a focus on convenience
* Transportation: Car essential, nearby public transport options
* Services: Restaurants, shopping centers, and fitness facilities
* Environment: Contemporary and vibrant
Housing Options in the Meadowlark Subdivision
Newly built single-family homes and townhomes
Average Home Prices in the Meadowlark Subdivision
* Buying: $350,000 – $450,000
* Renting: $1,500 – $2,000/month
Sunset Hills

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Sunset Hills offers breathtaking views of the surrounding valleys and a serene ambiance. It is an ideal neighborhood for those seeking a peaceful retreat while being close to essential services.
Characteristics of the Sunset Hills
* Culture: Nature-focused, ideal for relaxation
* Transportation: Car essential
* Services: Limited, but includes small grocery stores
* Environment: Tranquil and scenic
Housing Options in the Sunset Hills
Custom-built homes, larger lots
Average Home Prices in the Sunset Hills
* Buying: $400,000 – $600,000
* Renting: $1,800 – $2,500/month
Frequently Asked Questions About the Best Residential Areas in Petroleum:
The best residential areas in Petroleum include Downtown Petroleum, Bear Mountain Estates, Petroleum River District, Green Acres, Meadowlark Subdivision, and Sunset Hills.
Green Acres is the most family-friendly neighborhood, featuring parks, schools, and a community-focused environment.
The Petroleum River District offers the best options for waterfront properties with easy access to outdoor recreational activities.
The average cost of living varies by neighborhood, with homes ranging from $220,000 to $600,000 depending on the area and amenities.
Public transport is limited in Petroleum, so having a car is recommended for convenient travel around the city and surrounding areas.
The Petroleum River District is best known for its access to outdoor activities like kayaking, fishing, and hiking.
Yes, Meadowlark Subdivision features newly built homes with contemporary designs and modern amenities.
Downtown Petroleum offers a variety of amenities including restaurants, grocery stores, coffee shops, and community facilities.
Bear Mountain Estates and Sunset Hills are the most sought-after neighborhoods for luxury homes in Petroleum.
Rental prices in Petroleum typically range from $900 to $2,500 per month based on the neighborhood and type of housing.
Conclusion on the Best Residential Areas in Petroleum:
Petroleum, Montana, is a small city that offers diverse residential options to suit different lifestyles and preferences. Whether you prefer the vibrant atmosphere of Downtown Petroleum, the peace and family-friendly feel of Green Acres, or the natural beauty surrounding Petroleum River District, each neighborhood has its unique offerings. As the city continues to grow, it provides a balance of modern conveniences with the charm of Montana living. Finding the right place to call home in Petroleum ultimately depends on your personal needs and lifestyle choices.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.