Total monthly cost of ownership
Cost to Own a Home in Plentywood, Montana
A $149,000 home here costs
$1,278per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $766. The real number is $512 higher every month — 67% 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.
Plentywood against Sheridan County and Montana
| Measure | Plentywood | Sheridan County |
|---|---|---|
| Median home value | $148,800 | $111,600 |
| Median property tax | $1,632 | $1,436 |
| Effective tax rate | 1.097% | 1.287% |
| Median gross rent | $755 | $749 |
| Population | 1,677 | 3,677 |
The weather behind that power bill
Plentywood sits in Sheridan County, which averages a high of 82.3°F in its hottest month and a low of -1.8°F in its coldest, with 14.69" of precipitation a year and 52% of it in a single three-month stretch. That climate drives 296 cooling and 9,573 heating degree days, which is what sets the $132 electricity line above.
See the full climate breakdown for Sheridan County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Sheridan County
No other places of this size are published in Sheridan County.
Full Sheridan County cost breakdown · Every county in Montana
Common questions
How much does it cost to own a home in Plentywood?
A $149,000 home in Plentywood, Montana costs approximately $1,278 per month with 20% down at 6.66%. That is $766 principal and interest, $136 property tax, $51 homeowners insurance, $200 utilities and $124 set aside for maintenance.
What is the property tax rate in Plentywood?
Plentywood has an effective property tax rate of 1.097%, based on a median home value of $148,800 and median real estate taxes of $1,632. That is lower than the Sheridan County average of 1.287%.
What is the average home price in Plentywood?
The median owner-occupied home value in Plentywood, Montana is $148,800, against $111,600 across Sheridan County.
Is it cheaper to rent or buy in Plentywood?
Median gross rent in Plentywood is $755 a month, against $1,278 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 Plentywood — 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.