Montana Housing & Mortgage Data 2026
| Factor | Montana Data |
|---|---|
| Average Property Tax Rate | 0.84% of assessed value/year |
| Property Tax on $400k Home | ~$3,360/year ($280/mo) |
| 30-Year Fixed Rate (2026 avg) | ~6.65% (varies by lender + credit) |
| State Income Tax | 4.7% |
| Sales Tax Rate | 0% |
Monthly Payment Estimate: Montana
| Home Price | 20% Down | P&I (6.5%) | + Montana Tax/mo | Total PITI est. |
|---|---|---|---|---|
| $300,000 | $60k | $1,517 | ~$210 | ~$1,840 |
| $400,000 | $80k | $2,025 | ~$280 | ~$2,455 |
| $500,000 | $100k | $2,528 | ~$350 | ~$3,066 |
| $600,000 | $120k | $3,034 | ~$420 | ~$3,679 |
| $750,000 | $150k | $3,791 | ~$525 | ~$4,597 |
P&I = Principal & Interest at 6.5% rate, 30-year fixed. PITI adds estimated Montana property tax + homeowners insurance (~0.45% annually). PMI not included (assumes 20% down).
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Use the Free Calculator →Frequently Asked Questions
What is the property tax rate in Montana?
Montana's average effective property tax rate is 0.84% annually. On a $400,000 home, that's approximately $3,360/year or $280/month in taxes.
Is Montana expensive to buy a home in?
Montana's property tax rate of 0.84% is near the national average in the US. Property taxes are a manageable portion of your total housing cost.
Related: PITI Calculator · PMI Calculator · Refinance Calculator