Property Taxes in Montana

Montana's effective property tax rate is 0.6%, ranking #16 out of 50 states (1 = lowest). The median annual property tax paid is $2,344.

Tax Rate

0.6%

Median Annual Tax

$2,344

National Rank

#16 of 50

1 = lowest

Homestead Exemption

Yes

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Annual Property Tax by Home Price

Home PriceAnnual TaxMonthly
$200,000$1,200$100
$300,000$1,800$150
$400,000$2,400$200
$500,000$3,000$250
$750,000$4,500$375

* Based on the average effective rate of 0.6%. Actual rates vary by county and municipality.

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Homestead Exemption in Montana

Homestead Exemption Available

Up to $350,000

File for the homestead exemption after purchasing your primary residence in Montana to reduce your assessed property value, lowering your annual tax bill. Contact your county assessor's office for the application.

How Montana Compares

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