Total monthly cost of ownership
Cost to Own a Home in Wheatland, Montana
A $581,000 home here costs
$4,076per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,987. The real number is $1,089 higher every month — 36% 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.
Wheatland against Broadwater County and Montana
| Measure | Wheatland | Broadwater County |
|---|---|---|
| Median home value | $581,100 | $364,800 |
| Median property tax | $2,464 | $2,210 |
| Effective tax rate | 0.424% | 0.606% |
| Median gross rent | — | $978 |
| Population | 1,185 | 7,310 |
The weather behind that power bill
Wheatland sits in Broadwater County, which averages a high of 83.4°F in its hottest month and a low of 13.7°F in its coldest, with 10.55" of precipitation a year and 52% of it in a single three-month stretch. That climate drives 253 cooling and 7,544 heating degree days, which is what sets the $132 electricity line above.
See the full climate breakdown for Broadwater County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Broadwater County
Full Broadwater County cost breakdown · Every county in Montana
Common questions
How much does it cost to own a home in Wheatland?
A $581,000 home in Wheatland, Montana costs approximately $4,076 per month with 20% down at 6.66%. That is $2,987 principal and interest, $205 property tax, $200 homeowners insurance, $200 utilities and $484 set aside for maintenance.
What is the property tax rate in Wheatland?
Wheatland has an effective property tax rate of 0.424%, based on a median home value of $581,100 and median real estate taxes of $2,464. That is lower than the Broadwater County average of 0.606%.
What is the average home price in Wheatland?
The median owner-occupied home value in Wheatland, Montana is $581,100, against $364,800 across Broadwater County.
Is it cheaper to rent or buy in Wheatland?
Rent data is not published for Wheatland at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Wheatland — 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.