Montana Property Tax Calculator 2026 — Annual & Monthly
Last updated: April 2026 · Source: Zillow, Freddie Mac, Tax Foundation
Quick Answer
Montana's effective property tax rate is 0.74% — near the national average. On the Montana median home value of $440,000, you'd pay $3,256/year ($271/month) in property taxes.
Montana Housing & Mortgage Data
| Median Home Price | $440,000 |
| 30-Year Fixed Rate | 6.92%(State average, Apr 2026) |
| Property Tax Rate | 0.74%(Effective rate) |
| Avg HO Insurance | $1,600/yr ($133/mo) |
| Typical Down Payment | 10% ($44,000) |
| Median Household Income | $58,000/yr |
Key Facts for Montana
- ✓Montana median home price is $440,000 as of 2026
- ✓30-year fixed mortgage rates in Montana average 6.92%
- ✓Property taxes in Montana are 0.74% — near the national average of 1.10%
- ✓Homeowners insurance averages $1,600/year in Montana
- ✓A household earning $110,000/year can typically afford the median Montana home
More Montana Calculators
Frequently Asked Questions — Property Tax Calculator in Montana
- How is property tax calculated in Montana?
- Montana property taxes are calculated by multiplying your home's assessed value by the effective tax rate of 0.74%. On a $440,000 home, the annual bill is approximately $3,256. Assessed value may differ from market value depending on your county's assessment ratio.
- Can I appeal my property tax assessment in Montana?
- Yes. Montana homeowners can appeal their assessed value if they believe it is higher than market value. Contact your county assessor's office within the appeal window (typically 30–90 days after the assessment notice). Provide comparable sales data for similar homes in your neighborhood.
- What is the average mortgage payment in Montana?
- The average monthly mortgage payment (principal + interest) in Montana is approximately $2,613 for a $396,000 loan at 6.92% over 30 years. Adding property tax ($271/mo) and homeowners insurance ($133/mo) brings total PITI to about $3,018/month.
- What credit score do I need for a mortgage in Montana?
- Most Montana lenders require a minimum 620 credit score for conventional loans and 580 for FHA loans (with 3.5% down). For the best rates in Montana, aim for 740+. A higher score can reduce your rate by 0.5–1.0%, saving $59,400 over the life of a 30-year loan.
- How much down payment is required to buy a home in Montana?
- You can buy a home in Montana with as little as 0% down (VA, USDA loans for eligible buyers), 3% down (conventional), or 3.5% down (FHA). On the Montana median home price of $440,000, a 20% down payment is $88,000 and lets you avoid PMI. Montana also has state-level down payment assistance programs for first-time buyers.
- What are current mortgage rates in Montana?
- Current 30-year fixed mortgage rates in Montana average 6.92% as of April 2026. 15-year fixed rates are typically 0.5–0.75% lower. Rates vary by lender, credit score, and loan-to-value ratio. Compare at least 3–5 lenders to ensure you get the best Montana mortgage rate.
- What is the property tax rate in Montana?
- Montana's effective property tax rate is 0.74%. On the Montana median home value of $440,000, annual property taxes are approximately $3,256 ($271/month). Property taxes in Montana are typically escrowed in your monthly mortgage payment.