Free Montana (MT) home affordability calculator with 2026-specific rates. Calculate your exact home affordability using real Montana data.
With the median household income of $62,000 in Montana, using the standard 28% housing ratio, you could afford approximately $1,447 per month on housing. Actual affordability depends on your debts, down payment, credit score, and current interest rates.
Key factors in Montana include the median home price of $380,000, property tax rate of 0.74%, home insurance averaging $1,800/year, and the overall cost of living index of 97. State income tax up to 5.9% reduces disposable income.
Montana's median home price is $380,000 with a cost of living index of 97. This is near the national median. First-time buyers should explore local assistance programs and consider various neighborhoods.