The typical home in Bozeman, MT is worth about $735,000.
With 20% down that's a loan near $588,000 — the calculator
is pre-filled with that figure. Montana State University and Yellowstone's northern gateway have made Bozeman one of the fastest-appreciating small metros in the country over the past decade, though prices have cooled somewhat as remote-work-driven demand has eased.
$3,817.67 / month
Total interest
$786,357
Total paid
$1,374,357
Payoff
30.0 years
How much you need to earn
Bozeman, MT's median household income is about
$78,000 a year. Under standard 28/36
lending rules that supports a home price around
$329,271 with 20% down —
below the $735,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.
Typical asking rent in Bozeman, MT is about $2,000 a month, so owning the median home costs roughly
$2,454 more per month before tax
effects, maintenance, and any change in home value.
Frequently asked questions
What is a typical mortgage payment in Bozeman, MT?
On the metro's roughly $735,000 typical home with 20% down, the loan is about $588,000. Principal and interest run near $3,818 a month at today's rate, and Bozeman, MT's property tax plus insurance add about $637, for a full payment near $4,454.
Can I afford a home in Bozeman, MT on the median income?
The median household income is about $78,000 a year. Under standard 28/36 lending rules that supports a home price around $329,271 with 20% down — below the $735,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Bozeman, MT?
Typical asking rent is about $2,000 a month. The full owner payment on a median home is near $4,454, so owning costs roughly $2,454 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Bozeman, MT?
The effective property tax rate in the core county is about 0.74% of market value — roughly $5,439 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Bozeman, MT rising or falling?
Home values are roughly flat over the past year. Montana State University and Yellowstone's northern gateway have made Bozeman one of the fastest-appreciating small metros in the country over the past decade, though prices have cooled somewhat as remote-work-driven demand has eased.