Mortgage payment estimates, closing cost breakdowns, and homebuying data for Whitefish, Montana.
Median Home Price
$725K
Population
8K
Avg Monthly Rent
$1,950
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 Whitefish.
Whitefish vs Montana Median
The median home price in Whitefish is $725,000, which is 69% above the Montana state median of $430,000.
Mortgage Calculator — Whitefish, MT
Pre-filled with Whitefish median home price and Montana tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $725K home using Montana's 0.74% tax rate and $2,100/yr insurance.
5% Down
$5,377/mo
Down: $36,250
Loan: $689K
P&I: $4,353
Tax: $447
Insurance: $175
PMI: $402
10% Down
$5,127/mo
Down: $72,500
Loan: $653K
P&I: $4,124
Tax: $447
Insurance: $175
PMI: $381
20% Down (No PMI)
$4,288/mo
Down: $145,000
Loan: $580K
P&I: $3,666
Tax: $447
Insurance: $175
Income needed (28% rule): $184K/year with 20% down, $220K/year with 10% down.
Rent vs Buy in Whitefish
Rent
$1,950/mo
vs
Buy (10% down)
$5,127/mo
Price-to-rent ratio: 31.0 — At a ratio above 20, renting may be more economical in Whitefish for shorter stays. Buying costs $3,177 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 Whitefish is $725,000, 69% above the Montana state median of $430,000. With a population of 8,032, Whitefish 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 $725,000 home in Whitefish would carry roughly $447/month in property taxes. Homeowners insurance in Montana runs approximately $2,100 per year. This is within the normal range nationally.
Average rent in Whitefish is $1,950/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.
Whitefish is a higher-cost market. At $725K 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 Whitefish.