Mortgage payment estimates, closing cost breakdowns, and homebuying data for Kalispell, Montana.
Median Home Price
$475K
Population
27K
Avg Monthly Rent
$1,450
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 Kalispell.
Kalispell vs Montana Median
The median home price in Kalispell is $475,000, which is 10% above the Montana state median of $430,000.
Mortgage Calculator — Kalispell, MT
Pre-filled with Kalispell median home price and Montana tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $475K home using Montana's 0.74% tax rate and $2,100/yr insurance.
5% Down
$3,583/mo
Down: $23,750
Loan: $451K
P&I: $2,852
Tax: $293
Insurance: $175
PMI: $263
10% Down
$3,419/mo
Down: $47,500
Loan: $428K
P&I: $2,702
Tax: $293
Insurance: $175
PMI: $249
20% Down (No PMI)
$2,870/mo
Down: $95,000
Loan: $380K
P&I: $2,402
Tax: $293
Insurance: $175
Income needed (28% rule): $123K/year with 20% down, $147K/year with 10% down.
Rent vs Buy in Kalispell
Rent
$1,450/mo
vs
Buy (10% down)
$3,419/mo
Price-to-rent ratio: 27.3 — At a ratio above 20, renting may be more economical in Kalispell for shorter stays. Buying costs $1,969 more per month than renting, and it typically takes 5-7 years to break even on the transaction costs of buying.
The median home price in Kalispell is $475,000, 10% above the Montana state median of $430,000. With a population of 26,884, Kalispell is a smaller market where home prices reflect strong demand and local economic factors.
Property taxes in Montana average 0.74% annually. This moderate property tax rate means a $475,000 home in Kalispell would carry roughly $293/month in property taxes. Homeowners insurance in Montana runs approximately $2,100 per year. This is within the normal range nationally.
Average rent in Kalispell is $1,450/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.
Kalispell is a higher-cost market. At $475K median, buyers need significant savings or strong income. Down payment assistance through Montana's MBOH Regular Bond Program program becomes especially important.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Kalispell.