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 value | Annual tax | Monthly escrow |
|---|---|---|
| $250,000 | $1,525 | $127 |
| $400,000 | $2,440 | $203 |
| $600,000 | $3,660 | $305 |
How Montana compares
South Dakota1.00%
North Dakota0.92%
Montana (this state)0.61%
Wyoming0.53%
Idaho0.50%
National average0.90%
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