Mortgage payment estimates, closing cost breakdowns, and homebuying data for Havre, Montana.
Median Home Price
$195K
Population
10K
Avg Monthly Rent
$820
Property Tax Rate
0.74% *
* Property tax shown is the Montana state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Havre.
Havre vs Montana Median
The median home price in Havre is $195,000, which is 55% below the Montana state median of $430,000.
Mortgage Calculator — Havre, MT
Pre-filled with Havre median home price and Montana tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $195K home using Montana's 0.74% tax rate and $2,100/yr insurance.
5% Down
$1,574/mo
Down: $9,750
Loan: $185K
P&I: $1,171
Tax: $120
Insurance: $175
PMI: $108
10% Down
$1,507/mo
Down: $19,500
Loan: $176K
P&I: $1,109
Tax: $120
Insurance: $175
PMI: $102
20% Down (No PMI)
$1,281/mo
Down: $39,000
Loan: $156K
P&I: $986
Tax: $120
Insurance: $175
Income needed (28% rule): $55K/year with 20% down, $65K/year with 10% down.
Rent vs Buy in Havre
Rent
$820/mo
vs
Buy (10% down)
$1,507/mo
Price-to-rent ratio: 19.8 — A ratio between 15-20 means the rent vs buy decision in Havre depends heavily on your timeline. If you plan to stay 5+ years, buying likely wins. For shorter stays, renting preserves flexibility.
The median home price in Havre is $195,000, 55% below the Montana state median of $430,000. With a population of 9,846, Havre 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 $195,000 home in Havre would carry roughly $120/month in property taxes. Homeowners insurance in Montana runs approximately $2,100 per year. This is within the normal range nationally.
Average rent in Havre is $820/month. The price-to-rent ratio in Havre is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Havre 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.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Havre.