Mortgage payment estimates, closing cost breakdowns, and homebuying data for Sidney, Montana.
Median Home Price
$265K
Population
7K
Avg Monthly Rent
$980
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 Sidney.
Sidney vs Montana Median
The median home price in Sidney is $265,000, which is 38% below the Montana state median of $430,000.
Mortgage Calculator — Sidney, MT
Pre-filled with Sidney median home price and Montana tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $265K home using Montana's 0.74% tax rate and $2,100/yr insurance.
5% Down
$2,077/mo
Down: $13,250
Loan: $252K
P&I: $1,591
Tax: $163
Insurance: $175
PMI: $147
10% Down
$1,985/mo
Down: $26,500
Loan: $239K
P&I: $1,507
Tax: $163
Insurance: $175
PMI: $139
20% Down (No PMI)
$1,678/mo
Down: $53,000
Loan: $212K
P&I: $1,340
Tax: $163
Insurance: $175
Income needed (28% rule): $72K/year with 20% down, $85K/year with 10% down.
Rent vs Buy in Sidney
Rent
$980/mo
vs
Buy (10% down)
$1,985/mo
Price-to-rent ratio: 22.5 — At a ratio above 20, renting may be more economical in Sidney for shorter stays. Buying costs $1,005 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 Sidney is $265,000, 38% below the Montana state median of $430,000. With a population of 6,769, Sidney 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 Sidney 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 Sidney is $980/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.
Sidney presents moderate affordability. The $265K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Sidney.