Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Montana and Oregon. Updated for 2026.
Metric
Montana
Oregon
Median Home Price
$430K
$480K
Property Tax Rate
0.74%
0.93%
Avg Closing Costs
$6K
$7K
Closing Cost %
1.5%
1.4%
Transfer Tax
None
0.1%
Homeowners Insurance
$2,100/yr
$1,400/yr
First-Time Buyer Program
MBOH Regular Bond Program
Up to $15,000 DPA
OHCS Oregon Bond
Cash Advantage up to $15K
Verdict
Montana wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $430K and lower overall costs, Montana offers meaningful savings compared to Oregon. Both states offer first-time buyer programs — explore the state pages for full details.