Property Tax Homestead Exemption
Montana offers a homestead exemption of 30%. Applications must be filed by March 1. The exemption is a one-time application — once approved, it renews automatically each year. Applications are submitted to the Montana Department of Revenue. Additional relief programs are available for senior homeowners, veterans, disabled homeowners.
Does Montana have a homestead exemption?
Yes. Montana offers a homestead exemption for owner-occupied primary residences. The general exemption is 30%.
How much can I save with the Montana homestead exemption?
The Montana homestead exemption reduces your taxable value by 30%. Your actual tax savings depend on your local mill rate — multiply the exemption amount by your effective property tax rate to estimate annual savings. In a jurisdiction with a 1% effective rate, a $25,000 exemption saves approximately $250 per year.
Do I need to apply for the Montana homestead exemption?
Yes. Montana requires an application to claim the homestead exemption. Applications are submitted to the Montana Department of Revenue. The application deadline is March 1. Once approved, the exemption typically renews automatically — you do not need to reapply each year.
When is the deadline to apply for the homestead exemption in Montana?
The application deadline in Montana is March 1. Missing this deadline typically means the exemption cannot take effect until the following tax year.
Does Montana have additional exemptions for seniors?
Yes. Montana offers additional homestead tax relief for qualifying senior homeowners. Property Tax Assistance Program provides tiered tax rate reductions for qualifying low-income seniors.
Are there homestead exemptions for veterans in Montana?
Yes. Montana provides homestead tax relief for qualifying veterans. Reduced tax rates for primary residences of disabled veterans.
How do I apply for the homestead exemption in Montana?
Applications are submitted to the Montana Department of Revenue. The deadline is March 1. You will typically need to provide proof of ownership and proof that the property is your primary residence. See the official source link on this page for forms and instructions.
Official Source
Montana Department of Revenue
More Montana Resources
Data Methodology
DataTactic researchers verify homestead exemption data directly against official government sources — Montana Department of Revenue publications, state statutes, and county assessor guidance. Each data point is cross-referenced against primary sources before publication. Records are reviewed and updated when laws or requirements change. Property tax law can change annually; always confirm current requirements with official state sources.
Last verified: 2026-10-05 · Always confirm with official state sources before filing.