Total monthly cost of ownership
Cost to Own a Home in Hardin, Montana
A $143,000 home here costs
$1,234per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $735. The real number is $499 higher every month — 68% 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.
Hardin against Big Horn County and Montana
| Measure | Hardin | Big Horn County |
|---|---|---|
| Median home value | $142,800 | $148,200 |
| Median property tax | $1,570 | $1,482 |
| Effective tax rate | 1.099% | 1.000% |
| Median gross rent | $726 | $686 |
| Population | 3,766 | 12,963 |
The weather behind that power bill
Hardin sits in Big Horn County, which averages a high of 90.0°F in its hottest month and a low of 10.4°F in its coldest, with 16.48" of precipitation a year and 49% of it in a single three-month stretch. That climate drives 468 cooling and 7,375 heating degree days, which is what sets the $132 electricity line above.
See the full climate breakdown for Big Horn County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Big Horn County
Full Big Horn County cost breakdown · Every county in Montana
Common questions
How much does it cost to own a home in Hardin?
A $143,000 home in Hardin, Montana costs approximately $1,234 per month with 20% down at 6.66%. That is $735 principal and interest, $131 property tax, $49 homeowners insurance, $200 utilities and $119 set aside for maintenance.
What is the property tax rate in Hardin?
Hardin has an effective property tax rate of 1.099%, based on a median home value of $142,800 and median real estate taxes of $1,570. That is higher than the Big Horn County average of 1.000%.
What is the average home price in Hardin?
The median owner-occupied home value in Hardin, Montana is $142,800, against $148,200 across Big Horn County.
Is it cheaper to rent or buy in Hardin?
Median gross rent in Hardin is $726 a month, against $1,234 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 Hardin — 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.