--- title: "Montana Property Tax Calculator (0.69% Effective Rate) | TaxWren" description: "Montana homeowners pay a median $2,939 a year in property tax on a median home value of $425,400, an effective rate of 0.69%: the 19th lowest of the 50 states and DC and 22% below the US rate of 0.89%. Estimate the property tax on any Montana home." url: https://taxwren.com/property-tax-calculator/montana --- 2026 tax year ยท updated Oct 15, 2026 # Montana property tax calculator Montana homeowners pay a median $2,939 a year in property tax on a median home value of $425,400, an effective rate of 0.69%: the 19th lowest of the 50 states and DC and 22% below the US rate of 0.89%. ## Estimated property tax per year $2,939 $245 a month at 0.6909% - Median tax paid in Montana: $2,939 - Median home value there: $425,400 - Same home at the US rate (0.8905%): $3,788 Before exemptions such as a homestead exemption. Rates from the American Community Survey 2024 1-year estimates. ## Montana property tax by home value At the statewide effective rate of 0.69%, compared with the same home at the US rate. | Home value | Per year | Per month | At the US rate | | --- | --- | --- | --- | | $200,000 | $1,382 | $115 | $1,781 | | $300,000 | $2,073 | $173 | $2,672 | | $400,000 | $2,764 | $230 | $3,562 | | $500,000 | $3,455 | $288 | $4,453 | | $750,000 | $5,182 | $432 | $6,679 | | $1,000,000 | $6,909 | $576 | $8,905 | ## Montana vs. neighboring states | State | Effective rate | Median tax | Median home value | | --- | --- | --- | --- | | [South Dakota](/property-tax-calculator/south-dakota) | 1.02% | $2,940 | $289,600 | | [North Dakota](/property-tax-calculator/north-dakota) | 0.96% | $2,550 | $266,100 | | Montana | 0.69% | $2,939 | $425,400 | | [Wyoming](/property-tax-calculator/wyoming) | 0.57% | $1,947 | $339,500 | | [Idaho](/property-tax-calculator/idaho) | 0.43% | $1,912 | $446,400 | ## What Montana homeowners pay - Median yearly property tax: $2,939 (25th highest of 51); $3,143 for homes with a mortgage and $2,674 for homes without one. - Median value of an owner-occupied home: $425,400, so a typical home pays about $245 a month. - 321,733 owner-occupied homes in the survey estimate. - Other taxes: see the [Montana income tax calculator](/income-tax-calculator/montana); sales tax averages 0.00% with local taxes ([Montana sales tax calculator](/sales-tax-calculator/montana)). These are statewide medians. Your county, city and school district set the rates on your bill, and exemptions (such as a homestead exemption for your main home, or for seniors and veterans) can lower it. Check with your county assessor and the [Montana revenue department](https://revenue.mt.gov) for the rules that apply to you. Source: [US Census Bureau, American Community Survey](https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/1YRData/acsdt1y2024-b25103.dat), American Community Survey 2024 1-year estimates (tables B25103 and B25077, owner-occupied homes). See our [methodology](/methodology). ## Montana property tax FAQ ### What is the property tax rate in Montana? The effective rate is 0.69% of home value: the median tax paid ($2,939) divided by the median home value ($425,400), from the American Community Survey 2024 1-year estimates. Actual rates are set by counties, cities and school districts and vary within the state. ### How much is property tax on a $300,000 house in Montana? About $2,073 a year ($173 a month) at the statewide effective rate, before any exemptions you qualify for. ### Does Montana have high property taxes? Montana has the 19th lowest effective property tax rate of the 50 states and DC (rank 33 of 51, 1 = highest) and the 25th highest median bill. ### Can I deduct Montana property tax? On your federal return, yes, if you itemize: property tax counts toward the state and local tax (SALT) deduction, capped at $40,400 for 2026 together with your state income or sales tax. More for Montana - [Montana paycheck calculator](/take-home-pay-calculator/montana) - [Montana income tax calculator](/income-tax-calculator/montana) - [Montana sales tax calculator](/sales-tax-calculator/montana) - [Property tax in every state](/property-tax-calculator)