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Montana Property Tax Calculator 2025

Estimate your Montana property tax based on the state's 0.68% average effective rate. Enter your home value for an instant, free calculation.

Avg effective rate
0.68%
2024 ACS data
State rank
#39
39th highest of 50
Median home value
$369k
Montana average
Median annual tax
$2,514
On median-value home
Your Montana Property
Home value $369,700
$
$50k$2M
Homestead / exemption $0
$

Enter any tax exemption amount you qualify for in Montana

Your Estimate
Estimated Annual Property Tax
$2,514
Based on Montana's 0.68% effective rate
Per month
$209
Effective rate
0.68%
vs national avg
23% below avg
State rank
#39 of 50

Montana Property Taxes Explained

Montana has a relatively low effective property tax rate of 0.68%, ranking 39th nationally. Rapid in-migration from California and other states has driven home values significantly higher while rates have remained moderate.

How Montana Property Taxes Work

Montana assesses residential property at 100% of market value with a residential appraised value adjusted for the productive use of the land. The state then applies class rates: residential property is taxed at 1.35% of appraised value as the taxable value, then mill rates are applied.

Example Tax Calculations for Montana

Home ValueEstimated Annual TaxMonthly (Escrow)
$250,000$1,700$141/mo
$369,700 (median)$2,514$209/mo
$600,000$4,080$340/mo

Montana Property Tax Exemptions

Montana's Elderly Homeowner/Renter Credit provides income-based property tax relief for residents 62+. There is no standard homestead exemption, but property tax assistance programs exist for lower-income households.

When Are Montana Property Taxes Due?

Montana property taxes are due November 30 (first half) and May 31 (second half).

County Variation in Montana

Gallatin County (Bozeman) has experienced the most dramatic appreciation, with median values well above the state average. Missoula and Flathead counties (Whitefish) are also high-value areas.

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