Nye, Montana is an unincorporated community with around 200 residents, with an elementary school, church and a post office. A tiny place in the south-central part of the Montana, some 30 miles north of Yellowstone National Park, Nye is nestled in the foothills of the Beartooth Mountains. Surrounded by majestic mountains and with gorgeous waterways adding to its splendor. Locals will tell you Nye isn't even a town, it's a community. It is home to Carters Camp and the Nye Trading Post.