Montana Property Tax Calculator
Homeowners in Montana pay an average effective property tax rate of 0.61%. The median bill is $2,693 a year on a median home value of $375,800.
Property tax on homes in Montana
| Home value | Yearly tax | Monthly |
|---|---|---|
| $200,000 | $1,220 | $102 |
| $300,000 | $1,830 | $153 |
| $400,000 | $2,440 | $203 |
| $500,000 | $3,050 | $254 |
| $750,000 | $4,575 | $381 |
The effective rate was 0.64% a year earlier. Most states let owners who live in their home claim a homestead exemption or credit that lowers the taxable value; check with your county assessor before you budget.
Data: owner-occupied housing, Census American Community Survey 2020–2024 via Tax Foundation. Reviewed 2026-10-25.
Sources: taxfoundation.org
Frequently asked questions
What is the property tax rate in Montana?
The average effective rate is 0.61% of home value (35th highest of 50 states and DC). Rates differ by county, city and school district.
How much is property tax on a $300,000 home in Montana?
About $1,830 a year ($153 a month) at the statewide average rate.