Total monthly cost of ownership
Cost to Own a Home in Conrad, Montana
A $158,000 home here costs
$1,334per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $812. The real number is $522 higher every month — 64% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Conrad against Pondera County and Montana
| Measure | Conrad | Pondera County |
|---|---|---|
| Median home value | $158,400 | $179,200 |
| Median property tax | $1,631 | $1,584 |
| Effective tax rate | 1.030% | 0.884% |
| Median gross rent | $888 | $806 |
| Population | 2,553 | 6,012 |
The weather behind that power bill
Conrad sits in Pondera County, which averages a high of 81.5°F in its hottest month and a low of 13.0°F in its coldest, with 12.63" of precipitation a year and 52% of it in a single three-month stretch. That climate drives 246 cooling and 7,823 heating degree days, which is what sets the $132 electricity line above.
See the full climate breakdown for Pondera County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Pondera County
No other places of this size are published in Pondera County.
Full Pondera County cost breakdown · Every county in Montana
Common questions
How much does it cost to own a home in Conrad?
A $158,000 home in Conrad, Montana costs approximately $1,334 per month with 20% down at 6.66%. That is $812 principal and interest, $136 property tax, $54 homeowners insurance, $200 utilities and $132 set aside for maintenance.
What is the property tax rate in Conrad?
Conrad has an effective property tax rate of 1.030%, based on a median home value of $158,400 and median real estate taxes of $1,631. That is higher than the Pondera County average of 0.884%.
What is the average home price in Conrad?
The median owner-occupied home value in Conrad, Montana is $158,400, against $179,200 across Pondera County.
Is it cheaper to rent or buy in Conrad?
Median gross rent in Conrad is $888 a month, against $1,334 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Conrad — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Montana.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.