Bozeman, MT home prices
Typical home $697,749 · +1.1% in a year · income needed $190,600
The Bozeman, MT metro area ranks 31 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +1.1% in a year and +10.8% over five years. With 20% down at 7.11%, the typical home costs about $4,446 a month including 0.59% property tax (Gallatin County rate).
Mortgage on the typical Bozeman home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $139,550 | $558,199 | $3,755 | $0 | $691 | $4,446 | $190,600 |
| 10% down | $69,775 | $627,974 | $4,224 | $262 | $691 | $5,178 | $221,900 |
| 5% down | $34,887 | $662,861 | $4,459 | $276 | $691 | $5,427 | $232,600 |
| 3.5% down (FHA) | $24,421 | $685,111 | $4,609 | $309 | $691 | $5,609 | $240,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.59% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Bozeman area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Gallatin County, MT | $697,762 | +1.1% | 0.59% |
What can you afford in Montana on your salary? · Montana home prices · Salaries in Montana
Frequently asked questions
How much is a house in Bozeman?
The typical home in the Bozeman, MT metro area is worth $697,749 (Zillow, September 2026).
What salary do you need to buy a house in Bozeman?
About $190,600 a year for the typical home with 20% down at 7.11%.