The typical owner-occupied home in Glendive is worth about $182,600, 51% below the Montana median of $375,800 and 45% below the national median of $332,700. Owners pay a median $2,226 a year in property taxes, about 1.22% of their home's value, higher than the Montana rate of 0.72%. The median household earns $72,670 a year, so the median home costs 2.5 times the median income (5.2 times for Montana). 70% of occupied homes here are lived in by their owners, and 40% of those owners still have a mortgage.
Glendive at a glance
| Glendive | Montana | U.S. | |
|---|---|---|---|
| Median home value | $182,600 | $375,800 | $332,700 |
| Median property tax paid per year | $2,226 | $2,693 | $3,119 |
| Property tax as a share of value | 1.22% | 0.72% | 0.94% |
| Median household income | $72,670 | $72,509 | $80,734 |
| Homes lived in by their owners | 70% | 69% | 65% |
| Owner homes with a mortgage | 40% | 55% | 61% |
| Median monthly costs, owners with a mortgage | $1,527 | $1,798 | $1,963 |
| Those costs as a share of the owners' income | 21.3% | 21.9% | 21.0% |
| Median rent | $842 | $1,081 | $1,413 |
| Rent as a share of renters' income | 14.7% | 27.8% | 30.6% |
| Median year homes were built | 1960 | 1981 | 1980 |
| Vacant homes | 15.5% | 13.2% | 10.1% |
| Population | 4,810 | 1,116,875 | 334,922,499 |
What a typical home costs per month in Glendive
At this week's average 30-year rate of 7.11%, buying the median Glendive home of $182,600 with 20% down costs about $1,244 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,549, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $53,332 for the 20%-down payment. That payment is 21% of the median Glendive household income of $72,670; at that income and 20% down, the 28% guideline points to a home of about $249,000.
The median rent here is $842 a month, so owning the median home costs about $402 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $36,520 |
|---|---|
| Loan amount | $146,080 |
| Principal and interest | $983 |
| Property taxes (1.22% a year) | $186 |
| Homeowners insurance (our estimate, 0.5% a year) | $76 |
| PMI | $0 |
| Total per month | $1,244 |
Change the numbers in the calculator
| Down payment | $6,391 |
|---|---|
| Loan amount | $179,293 |
| Principal and interest | $1,206 |
| Property taxes (1.22% a year) | $186 |
| Homeowners insurance (our estimate, 0.5% a year) | $76 |
| FHA mortgage insurance | $81 |
| Total per month | $1,549 |
Change the numbers in the calculator
Questions about home buying in Glendive
What is the median home value in Glendive?
About $182,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Glendive?
Homeowners pay a median $2,226 a year, which is about 1.22% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Glendive?
For the median home with 20% down at 7.11%, the payment is about $1,244 a month. Keeping that under 28% of gross income takes about $53,332 a year.
More about Glendive
- Mortgage Refinance in Glendive
- Debt Relief in Glendive
- Home Equity Loans in Glendive
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data