Mortgage payment estimates, closing cost breakdowns, and homebuying data for Polson, Montana.
Pre-filled with Polson median home price and Montana tax/insurance rates. Adjust for your property.
Estimated closing costs based on Montana rates and fees applied to Polson prices.
The median home price in Polson is $425,000, roughly in line with the Montana state median of $430,000. With a population of 5,043, Polson 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 $425,000 home in Polson would carry roughly $262/month in property taxes. Homeowners insurance in Montana runs approximately $2,100 per year. This is within the normal range nationally.
Average rent in Polson is $1,350/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.
Polson is a higher-cost market. At $425K median, buyers need significant savings or strong income. Down payment assistance through Montana's MBOH Regular Bond Program program becomes especially important.