Montana Homestead Exemption Calculator 2025
A homestead exemption lowers the property tax on your primary residence. Montana’s median effective property-tax rate is 0.72% of home value — on the Montana median home ($374,000) that is about $2,693 a year (WalletHub ‘Property Taxes by State in 2026’ (U.S. Census Bureau ACS, collected 2026-01-29)).
How the benefit works: Montana applies a homestead via a graduated/tiered residential rate plus a property-tax rebate, rather than a fixed exemption amount. Because there is no single statewide figure, the calculator estimates your bill at the Montana median effective rate and explains the rule rather than inventing a saving.
Enter your home value below. The estimate uses the Montana median effective rate, so it is a starting point — your actual bill depends on your county’s millage and assessment. Senior, veteran and disability relief is additional. Everything runs in your browser; no value or personal data is transmitted.
Verify with the authority: confirm the current homestead rules and your local rate with the Montana Department of Revenue.