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Tax deductionOpen

Homestead Reduced Rate

Montana Department of Revenue · State program

Property-tax reduction; no direct cash amount stated

A state property-tax reduction for Montana principal residences. It lowers the tax rate for qualifying homes, but it is not a home-hardening incentive and does not pay for wildfire mitigation work.

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

How it works

The Homestead Reduced Rate lowers property taxes for homeowners who occupy their Montana home as their principal residence for at least seven months per year. The program is administered as a property tax classification through the Montana Department of Revenue.

What the money covers

It is a tax-rate reduction on qualifying residential property, not a grant or reimbursement for repairs or mitigation work.

Amounts and matching

The page says the homestead reduced rate is a reduced tax rate compared with standard Class 4 residential property, and the tax-rate page describes tiered rates for 2026. The retrieved excerpt does not provide a single dollar benefit amount.

How to apply

The official FAQ page says enrollment is open for the 2027 tax year. The page also says enrollment for the 2026 tax year closed March 20, 2026.

Timing and deadlines

  • 2027 enrollment period: open.
  • 2026 enrollment: closed March 20, 2026.

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