Himalayan Musk deer, Moschus chrysogaster is widely distributed but one of the least studied species in Nepal. In this study, we compiled a total of 429 current presence points of direct observation of the species, pellets droppings, and hoofmarks based on field‐based surveys during 2018–2021 and periodic data held by the Department of National Park and Wildlife Conservation. We developed the species distribution model using an ensemble modeling approach. We used a combination of bioclimatic, anthropogenic, topographic, and vegetation‐related variables to predict the current suitable habitat for Himalayan Musk deer in Nepal. A total of 16 predictor variables were used for habitat suitability modeling after the multicollinearity test. The study shows that the 6973.76 km2 (5%) area of Nepal is highly suitable and 8387.11 km2 (6%) is moderately suitable for HMD. The distribution of HMD shows mainly by precipitation seasonality, precipitation of the warmest quarter, temperature ranges, distance to water bodies, anthropogenic variables, and land use and land cover change (LULC). The probability of occurrence is less in habitats with low forest cover. The response curves indicate that the probability of occurrence of HMD decreases with an increase in precipitation seasonality and remains constant with an increase in precipitation of the warmest quarter. Thus, the fortune of the species distribution will be limited by anthropogenic factors like poaching, hunting, habitat fragmentation and habitat degradation, and long‐term forces of climate change.