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Homestead and Long-Term Rental Reduced Rate

Montana Department of Revenue · State program

Tiered reduced tax rates; no direct cash amount stated

A statewide reduced property-tax rate for principal residences and qualifying long-term rentals. It lowers taxes but does not fund wildfire hardening work.

Opens: May 4, 2026
Closes: March 1, 2027
Last verified: July 28, 2026
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Program details

How it works

Montana applies a tiered reduced tax rate to qualifying homesteads and long-term rentals.

What the money covers

This is a property tax classification, not a cash grant or service program.

Amounts and matching

For tax year 2026, the page states tiered rates of 0.76% on the first $378,000 of market value, 0.90% on the portion between $378,001 and $756,000, and 1.10% on the portion between $756,001 and $1,511,999.

How to apply

The enrollment portal is open for 2027 tax year applications.

Timing and deadlines

  • 2027 tax-year application period: May 4, 2026 through March 1, 2027.
  • The page includes verification/enrollment tools for property owners.

Full eligibility details

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