Total monthly cost of ownership
Cost to Own a Home in Havre, Montana
A $198,000 home here costs
$1,696per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $72,500 a year.
A standard mortgage calculator would have told you $1,079. The real number is $617 higher every month, 57% more than the payment most buyers budget for.
Compare Hill County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Havre against Hill County and Montana
| Measure | Havre | Hill County |
|---|---|---|
| Median home value | $197,600 | $187,600 |
| Median property tax | $2,190 | $2,026 |
| Effective tax rate | 1.108% | 1.080% |
| Median gross rent | $802 | $752 |
| Population | 9,333 | 16,260 |
The weather behind that power bill
Havre sits in Hill County, which averages a high of 85.8°F in its hottest month and a low of 7.2°F in its coldest, with 11.82" of precipitation a year and 50% of it in a single three-month stretch. That climate drives 406 cooling and 8,174 heating degree days, which is what sets the $133 electricity line above.
See the full climate breakdown for Hill County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Hill County
No other places of this size are published in Hill County.
Talk to someone who works this market
These are Havre averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Havre every week. Free, no obligation, and we never sell your details to a list.
Common questions
How much does it cost to own a home in Havre?
A $198,000 home in Havre, Montana costs approximately $1,696 per month with 20% down at 7.24%. That is $1,079 principal and interest, $183 property tax, $68 homeowners insurance, $201 utilities and $165 set aside for maintenance.
What is the property tax rate in Havre?
Havre has an effective property tax rate of 1.108%, based on a median home value of $197,600 and median real estate taxes of $2,190. That is higher than the Hill County average of 1.080%.
What is the average home price in Havre?
The median owner-occupied home value in Havre, Montana is $197,600, against $187,600 across Hill County.
Is it cheaper to rent or buy in Havre?
Median gross rent in Havre is $802 a month, against $1,696 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Havre?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Havre, Montana at today's rate takes a household income of roughly $72,500 a year. That covers the full $1,696 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Havre, 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.