Mortgage payment estimates, closing cost breakdowns, and homebuying data for Butte, Montana.
Pre-filled with Butte median home price and Montana tax/insurance rates. Adjust for your property.
Estimated closing costs based on Montana rates and fees applied to Butte prices.
The median home price in Butte is $225,000, 48% below the Montana state median of $430,000. With a population of 35,856, Butte is a smaller market where home prices tend to be more accessible than in many parts of Montana.
Property taxes in Montana average 0.74% annually. This moderate property tax rate means a $225,000 home in Butte would carry roughly $139/month in property taxes. Homeowners insurance in Montana runs approximately $2,100 per year. This is within the normal range nationally.
Average rent in Butte is $950/month. The price-to-rent ratio in Butte is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Butte offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Montana's MBOH Regular Bond Program program.