Montana home prices and mortgage costs
Typical home value $467,275 · +2.0% in a year · property tax 0.69%
Montana ranks 14th most expensive of 51 states and D.C. Home values changed +2.0% over the past year and +23.4% over five years. Buying the typical home with 20% down costs about $3,017 a month at 7.11%, which needs a household income of about $129,300.
Cost of the typical Montana home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $93,455 | $373,820 | $2,515 | $0 | $502 | $3,017 | $129,300 |
| 10% down | $46,727 | $420,547 | $2,829 | $175 | $502 | $3,506 | $150,300 |
| 5% down | $23,364 | $443,911 | $2,986 | $185 | $502 | $3,673 | $157,400 |
| 3.5% down (FHA) | $16,355 | $458,811 | $3,086 | $207 | $502 | $3,795 | $162,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.69% 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.
Check a specific budget: how much house you can afford in Montana by salary · payment on a $450K home in Montana
Home prices by county in Montana
| County | Typical home | 1-yr change | Tax rate | Payment / month | Income needed |
|---|---|---|---|---|---|
| Madison County | $752,502 | +3.2% | 0.41% | $4,684 | $200,800 |
| Gallatin County | $697,762 | +1.1% | 0.59% | $4,447 | $190,600 |
| Flathead County | $646,151 | +2.0% | 0.58% | $4,114 | $176,300 |
| Park County | $602,767 | +1.8% | 0.56% | $3,829 | $164,100 |
| Ravalli County | $598,423 | +1.7% | 0.5% | $3,769 | $161,500 |
| Lake County | $595,594 | +2.4% | 0.61% | $3,804 | $163,000 |
| Missoula County | $569,820 | +1.3% | 0.88% | $3,769 | $161,500 |
| Broadwater County | $524,149 | +1.8% | 0.56% | $3,327 | $142,600 |
| Jefferson County | $520,701 | +3.5% | 0.55% | $3,300 | $141,400 |
| Carbon County | $504,796 | +3.7% | 0.54% | $3,197 | $137,000 |
| Stillwater County | $487,371 | +10.8% | 0.57% | $3,099 | $132,800 |
| Sweet Grass County | $481,714 | +10.1% | 0.49% | $3,030 | $129,800 |
| Lewis and Clark County | $466,454 | +3.0% | 0.79% | $3,051 | $130,800 |
| Granite County | $462,296 | +3.6% | 0.6% | $2,952 | $126,500 |
| Sanders County | $459,525 | +6.0% | 0.53% | $2,904 | $124,500 |
| Lincoln County | $423,372 | -0.3% | 0.54% | $2,682 | $115,000 |
| Yellowstone County | $401,522 | +2.3% | 0.81% | $2,633 | $112,800 |
| Beaverhead County | $394,409 | +3.6% | 0.67% | $2,540 | $108,900 |
| Mineral County | $391,935 | +2.2% | 0.48% | $2,463 | $105,600 |
| Teton County | $356,563 | +8.1% | 0.75% | $2,321 | $99,500 |
| Cascade County | $339,981 | +2.7% | 0.87% | $2,247 | $96,300 |
| Powell County | $333,071 | +6.2% | 0.69% | $2,150 | $92,100 |
| Meagher County | $309,452 | -1.6% | 0.66% | $1,991 | $85,300 |
| Garfield County | $298,632 | +23.4% | 0.62% | $1,911 | $81,900 |
| Judith Basin County | $296,563 | +5.5% | 0.45% | $1,855 | $79,500 |
| Chouteau County | $294,526 | +9.4% | 0.75% | $1,917 | $82,200 |
| Deer Lodge County | $294,344 | +3.4% | 0.78% | $1,922 | $82,400 |
| Fergus County | $286,543 | +5.2% | 0.75% | $1,864 | $79,900 |
| Silver Bow County | $286,274 | +3.1% | 0.98% | $1,917 | $82,200 |
| Richland County | $282,058 | +5.3% | 0.74% | $1,832 | $78,500 |
| Powder River County | $278,081 | +11.2% | 0.68% | $1,793 | $76,800 |
| Pondera County | $262,193 | +9.1% | 0.8% | $1,717 | $73,600 |
| Custer County | $247,629 | +8.8% | 1.03% | $1,670 | $71,600 |
| McCone County | $243,541 | +9.9% | 0.68% | $1,569 | $67,300 |
| Musselshell County | $236,271 | +2.6% | 0.55% | $1,497 | $64,200 |
| Hill County | $227,989 | +4.3% | 0.98% | $1,527 | $65,400 |
| Rosebud County | $227,615 | +4.8% | 0.7% | $1,472 | $63,100 |
| Treasure County | $225,549 | +13.4% | 0.59% | $1,438 | $61,600 |
| Golden Valley County | $220,718 | +14.0% | 0.53% | $1,396 | $59,800 |
| Big Horn County | $218,323 | +4.2% | 1.1% | $1,484 | $63,600 |
| Blaine County | $214,696 | +2.5% | 1.34% | $1,502 | $64,400 |
| Phillips County | $212,750 | +5.0% | 0.78% | $1,390 | $59,600 |
| Wibaux County | $210,481 | +10.2% | 0.61% | $1,344 | $57,600 |
| Liberty County | $205,277 | -1.7% | 0.93% | $1,366 | $58,600 |
| Dawson County | $199,650 | +8.0% | 1.14% | $1,364 | $58,400 |
| Valley County | $193,649 | +11.6% | 1.18% | $1,329 | $56,900 |
| Fallon County | $191,717 | +7.9% | 0.5% | $1,207 | $51,700 |
| Petroleum County | $189,964 | +2.8% | 0.6% | $1,212 | $52,000 |
| Wheatland County | $182,100 | +11.3% | 0.56% | $1,156 | $49,500 |
| Toole County | $179,923 | +2.2% | 0.87% | $1,189 | $51,000 |
| Sheridan County | $175,449 | +10.1% | 1.23% | $1,211 | $51,900 |
| Daniels County | $164,716 | +7.7% | 0.87% | $1,088 | $46,600 |
| Glacier County | $161,975 | -0.8% | 0.84% | $1,066 | $45,700 |
| Carter County | $160,312 | -9.5% | 0.45% | $1,004 | $43,000 |
| Roosevelt County | $145,987 | +12.2% | 1.28% | $1,014 | $43,500 |
| Prairie County | $126,753 | +2.9% | 0.84% | $834 | $35,800 |
Metro areas in Montana
Frequently asked questions
What is the average home price in Montana?
The typical home in Montana is worth $467,275 according to the Zillow Home Value Index for September 2026.
How much income do you need to buy a house in Montana?
About $129,300 a year to buy the typical $467,275 home with 20% down at 7.11%, keeping housing under 28% of income.
What is the property tax rate in Montana?
The typical effective rate is 0.69% of the home's value a year (median taxes paid divided by median home value, Census ACS 2025).