Mortgage payment estimates, closing cost breakdowns, and homebuying data for Great Falls, Montana.
Pre-filled with Great Falls median home price and Montana tax/insurance rates. Adjust for your property.
Estimated closing costs based on Montana rates and fees applied to Great Falls prices.
The median home price in Great Falls is $265,000, 38% below the Montana state median of $430,000. With a population of 60,442, Great Falls 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 $265,000 home in Great Falls would carry roughly $163/month in property taxes. Homeowners insurance in Montana runs approximately $2,100 per year. This is within the normal range nationally.
Average rent in Great Falls is $1,050/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Great Falls presents moderate affordability. The $265K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.