What is the property tax rate in Montana?

Montana has an effective property tax rate of 0.72%, ranking it #33 out of 50 states. The median homeowner pays $2,693 per year.

How are property taxes calculated in Montana?

Property taxes in Montana are calculated by multiplying the assessed value of your property by the local tax rate (millage rate). The effective rate shown here (0.72%) represents the median taxes paid as a percentage of median home value across the state.

Which county in Montana has the lowest property taxes?

Among Montana's 56 counties, Yellowstone County has one of the lowest effective property tax rates.

Does Montana have a homestead exemption?

Yes, Montana offers several property tax exemptions including: General Homestead, Disabled Veteran, Property Tax Assistance (Over 65). See the exemptions section above for details.

Montana Property Tax Rate

56 Counties

0.72%effective rate

Montana has an effective property tax rate of 0.72%, ranking it #33 among all 50 states. The median homeowner in Montana pays $2,693 per year in property taxes on a home valued at $375,800. This rate is 22% lower than the national average of 0.92%.

Effective Tax Rate📊

0.72%

#33 of 50 states

Median Tax Paid🏠

$2,693

Per year

Median Home Value💰

$375,800

2024 estimate

Total Counties📍

Population: 1,116,875

Property Tax Rates by County in Montana

Rank ▲	County	Effective Rate	Median Tax	Median Value
#1	Blaine County	1.34%	$2,080	$155,500
#2	Roosevelt County	1.28%	$1,522	$118,800
#3	Sheridan County	1.23%	$1,521	$124,000
#4	Valley County	1.18%	$2,333	$198,400
#5	Dawson County	1.14%	$2,110	$185,300
#6	Big Horn County	1.10%	$1,574	$143,400
#7	Custer County	1.03%	$2,264	$219,100
#8	Hill County	0.98%	$1,980	$202,600
#9	Silver Bow County	0.98%	$2,500	$255,200
#10	Liberty County	0.93%	$1,570	$169,100
#11	Missoula County	0.88%	$4,150	$472,100
#12	Cascade County	0.87%	$2,320	$265,300
#13	Daniels County	0.87%	$1,610	$184,800
#14	Toole County	0.87%	$1,908	$218,400
#15	Glacier County	0.84%	$1,391	$165,100
#16	Prairie County	0.84%	$1,391	$165,700
#17	Yellowstone County	0.81%	$2,832	$349,500
#18	Pondera County	0.80%	$1,651	$206,100
#19	Lewis and Clark County	0.79%	$3,113	$393,500
#20	Deer Lodge County	0.78%	$1,803	$231,700

How Montana Compares

Montana

0.72%

National Average

0.92%

Neighboring States

Calculate Your Property Tax in Montana

Or open the full Montana Property Tax Calculator to estimate your bill by county.

Property Tax Calculator

Estimate your annual property tax based on your location and home value

State

County

Home Value

$50k$2M

Apply homestead exemption ($100,000 reduction)

Estimated Annual Property Tax

$2,160

$180/month · Rate: 0.72%

Home Value

$300,000

Taxable Value

$300,000

Effective Rate

0.72%

Montana Property Tax Exemptions

✓

General Homestead

Residential property taxed at lower class rate; additional $200,000 exemption for properties under specified value

Primary residence owners

✓

Disabled Veteran

Up to 100% exemption based on disability rating and income

Veterans with service-connected disability; income limits apply

✓

Property Tax Assistance (Over 65)

Credit of up to $1,000 against property taxes

Homeowners age 65+ with income under set limits

Not sure which exemption applies to you? See our full homestead exemption guide for all 50 states, including amounts and application deadlines.

When Are Property Taxes Due in Montana?

Montana real property taxes are paid in two equal installments statewide: the first half is due by 5:00 PM on November 30 (or within 30 days of the tax notice postmark, whichever is later) and the second half is due by May 31 of the following year. If a due date falls on a weekend or holiday, it moves to the next business day.

First half

November 30

Delinquent December 1

Second half

May 31

Delinquent June 1

If you pay late: A late installment is charged a 2% penalty plus interest accruing at roughly 5/6 of 1% per month (about 10% per year) until paid.

See how Montana compares in our full guide to property tax due dates for all 50 states.

Nearby States

Idaho

0.49%

North Dakota

0.99%

South Dakota

1.06%

Wyoming

0.57%

Frequently Asked Questions

Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates (the latest available). Effective tax rates are calculated by dividing median real estate taxes paid by median home value. Actual property tax rates may vary based on local taxing jurisdictions, exemptions, and assessment practices. This information is for general reference only and should not be used as a substitute for professional tax advice.