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Montana property tax

Effective rate

0.61%

Median home value

$459,370

Average annual tax

$2,802

Rank of 51

#32

1 = highest effective rate

Montana's rate is 0.29 points below the national average of 0.90%. On the median-priced Montana home, that's about $234 per month added to the mortgage payment.

Estimate your Montana property tax

Annual tax—
Monthly escrow—

At the average effective rate of 0.61%. Local county and municipal rates vary.

Tax on typical home values

Home valueAnnual taxMonthly escrow
$250,000$1,525$127
$400,000$2,440$203
$600,000$3,660$305

How Montana compares

Homestead exemptions & relief

New tiered residential classification (2025): Primary residences taxed at 1.35% vs. 1.9% for non-primary/short-term rentals; homestead exemption ~$425,829 for creditor protection