Madison River

The Madison River is one of the most diverse year-round fisheries in Montana. Perfect for anglers of all skill levels, and those who like to fish dry flies, streamers or nymphs. Great for the drift boat enthusiasts, wade anglers, or those who wish to do a blend of wade fishing and drift boat fishing all in one day.

The river structure and mountain terrain change dramatically throughout its course from Yellowstone National Park to the headwaters of the Missouri River near Three Forks, Montana.

Starting in Yellowstone National Park where the Firehole River and the Gibbon River come together at Madison Junction. From here the river calmly flows northwest past West Yellowstone, Montana, and into Hebgen Lake. Living in an internet driven world, the fall spawning run out of Hebgen Lake is not much of a secret anymore. Big browns and rainbows averaging 19 inches with the occasional 28-inch brown are caught each season. In the fall be ready for winter conditions where temperatures can drop below zero.

Hebgen Lake, located between the Yellowstone National Park and Madison Valley sections of the Madison River, is known for its large rainbows and browns cruising the calm waters, feeding on the surface for Callibaetis, Trico’s and Spruce Moths. “Gulper” fishing can be challenging because of the longer, more accurate cast required to be successful. If the wind picks up, making casting difficult, the Madison River is a reliable back up for the rest of the day.

“Between The Lakes” is a short length of the Madison River open to fishing year round, between Hebgen Lake and Earthquake Lake. During the spring and fall the trout bottleneck into this area from “Quake Lake” and the Madison River downstream, to spawn. You’ll have to take a number, though, as the good fishing causes anglers to bottleneck into this area at the same time. This beautiful part of Montana is home to wildlife such as mountain goats, bears, elk, moose, deer, and eagles to name a few, and it is not uncommon to see them, especially mountain goats, while fishing.

Earthquake Lake, aka “Quake Lake,” is a reminder of the power of Mother Nature. On August 17th, 1959, an earthquake measuring 7.5 on the Richter scale created a massive rock slide, damming up the Madison River and creating Earthquake Lake. Dead trees still stand in the lake, offering excellent coverage for trout. Using a boat is a more effective way to fish in and around the trees, but walking the banks early in the morning and late in the evening can offer some great dry fly fishing!

“The Slide,” below Earthquake Lake, is a stretch of the Madison River loaded with trout eager to feed! Here in this walk and wade only stretch it’s nice to have a “net man,” or guide, in case your hooked fish escapes into the main current. During the summer months, trout tend to hold in this fast, highly oxygenated, buggy water, and more often than not it is overlooked by anglers.

“The 50 Mile Riffle” is one long trout and bug filled riffle from “Quake” Lake to Ennis Lake on the “upper Madison.” By law, fishing from the boat is not allowed in walk-n-wade sections, but using the boat as a taxi we can cover long stretches of river and wade the desired “buckets!” Because of the fast-moving, glacier-boulder filled water from Raynolds Bridge to Pine Butte, most outfitters will not float their clients through this section, and it is not advised without plenty of oaring experience. Trout On The Fly’s guides use their years of experience on this river to get you to locations you might not have access to otherwise. Starting at Lyons Bridge, all the way to Ennis, fishing from the boat is allowed. Averaging 10 miles on full day float trips, our guides’ expert oaring skills will set you up for that perfect drift to the trout.

The next section of the Madison River is Ennis Lake, and, much like Hebgen Lake, offers incredible Callibaetis and Trico hatches in summer months. Large browns and rainbows (“gulpers”) cruise the lake subsurface, rising to these mayflies and creating a “gulping” sound. Long accurate casts are required to be successful with these trout!

The lower Madison is located just 30 minutes west of Bozeman, Montana. The river is much slower, shallower and wider in this stretch. Fishing from a drift boat in the spring and fall months is ideal for targeting large browns and rainbows tucked under shallow weed beds. Sculpins, crayfish, and small fry allow these fish to pack on the girth! We like to monitor the summer water temperatures in this stretch of river; if the water temperatures are too high it can be deadly for a stressed out fish. There are several hatches throughout the year that we target, like the Mother’s Day caddis hatch or the salmon fly hatch. The only hatch we like to avoid during the summer is the “bikini hatch,” where hundreds of college kids swarm to the lower Madison River near Bozeman Montana to float in inner tubes down the warm, shallow water.

The Madison River offers diverse opportunities year round, for beginners and experienced anglers alike. We are happy to recommend lodging for you and your group based on what section of the Madison River you will be fishing.

Home to wild rainbows, browns and indigenous mountain whitefish; ranging in sizes up to 28″.

The Conditions at
Madison River

River Discharge

Hatch Chart

Water Temperature

  • “Hi Nate!  We had a great time fishing with Mike Horner...he has a lot of patience.  I had tons of nibbles but couldn’t quite snag a big one.  At the end we caught a couple little rainbow trout so that was just fine with us.  Great experience, great guide.  Thank you so much for fitting us in and ending our trip on a high note! Rose Wabol“
    Rose Wabol,
    Illinois Anglers
  • “Nate, I had a great time!  Everything I wanted to have happen did.  I have never done any fly fishing before.  Nathan Anderson was a great guide and very patient with me.  I’m sure the last thing a professional guide wants to put up with is starting from scratch (This is how you hold the rod, this is how you cast, etc.) but he went thru it all and gave me two great days of fishing on the Madison River.  I caught Rainbows and Browns that were in the 16-20” range for all but two of the fish I caught.  I had a great time and would like to try it again sometime.  Thanks for everything.  Tim“
    Tim Read,
    Texas Angler
  • “Our half-day float was a great trip.  Guide Mike Horner was awesome!  Both Collin (Traci's son) and I really gained a lot of knowledge from Mike and had a wonderful time enjoying the fishing and scenery. Mike was a true professional.  We were both really new to fly fishing and needed a lot of extra hand-holding, from time to time.  Mike was there the entire time; helping us get our gear in order, putting together all of the lines, steering the boat, showing us what to do and when, giving us food/water, etc... We really had him working that day!  He was also a really nice and patient guy who knew a ton about fly fishing and the surrounding area.  I enjoyed his information about the area as much as I did the fishing.  We were lucky to have him that day. We really had a blast.  I think everything was executed perfectly and I don't think I would have changed anything else.... well, maybe I would have caught a few more fish... but that isn't on you!  :) Thanks! Chris Lundeberg“
    Chris & Collin,
    Midwest Anglers
  • “Hi Nate – Garrett was great.  He deserves special kudos for taking two strangers out on the river during freezing weather with rain, sleet, and snow!  We are glad he did. In spite of the weather, Garrett put us onto some nice fish through our 3 days, and he kept his spirits and humor. Like George, I really appreciated the thorough and prompt way you handled the booking and follow-up.  It made planning and execution pretty easy from our end. As for recommendations, I think you should be sure that the weather is always in the 70s with good cloud cover so that we only have to throw dries . . . !  😊 It truly was an experience, and I am glad that I was able to have it, but I will also be glad to come back a little earlier in the season (smile). Cheers, Doug Lawrence“
    Doug & George,
    Washington State Anglers
  • “Our fishing trip with Trout On The Fly more than met our expectations!  All guides were professional, supportive cheerleaders, and skilled instructors. We appreciated the timeliness of pick up, the lunches, and your gentle guidance in fishing as well as getting in and out of the boat! Our guides, Nate, Aaron, and Doug were so very patient-even when I had my line tangled or wrapped around my boots!  We appreciated the careful balance between direct instruction, processing time, and the learning curve.  We gained new knowledge, and by the third day, I felt like I was finally able to begin applying what I was learning.  I wish I could return sooner than a year from now! We so enjoyed The Noble Bison and every detail of comfort provided.  We especially appreciated coming  “home”  to a fireplace, hot shower, and cozy space after that cold, rainy Friday of fishing.  The decor and artwork contributed to a warm, inviting experience. Nate and Trout On The Fly provided the perfect fishing experience.  Your organization and attention to detail clearly contributed to our most successful adventure. Thank you so much for all you do, Gary and Judy“
    Gary & Judy Billings,
    California Anglers