The typical owner-occupied home in Kalispell is worth about $428,000, 14% above the Montana median of $375,800 and 29% above the national median of $332,700. Owners pay a median $3,297 a year in property taxes, about 0.77% of their home's value, higher than the Montana rate of 0.72%. The median household earns $63,415 a year, so the median home costs 6.7 times the median income (5.2 times for Montana). 55% of occupied homes here are lived in by their owners, and 68% of those owners still have a mortgage.
Kalispell at a glance
| Kalispell | Montana | U.S. | |
|---|---|---|---|
| Median home value | $428,000 | $375,800 | $332,700 |
| Median property tax paid per year | $3,297 | $2,693 | $3,119 |
| Property tax as a share of value | 0.77% | 0.72% | 0.94% |
| Median household income | $63,415 | $72,509 | $80,734 |
| Homes lived in by their owners | 55% | 69% | 65% |
| Owner homes with a mortgage | 68% | 55% | 61% |
| Median monthly costs, owners with a mortgage | $1,707 | $1,798 | $1,963 |
| Those costs as a share of the owners' income | 23.3% | 21.9% | 21.0% |
| Median rent | $1,078 | $1,081 | $1,413 |
| Rent as a share of renters' income | 31.2% | 27.8% | 30.6% |
| Median year homes were built | 1985 | 1981 | 1980 |
| Vacant homes | 3.8% | 13.2% | 10.1% |
| Population | 28,504 | 1,116,875 | 334,922,499 |
What a typical home costs per month in Kalispell
At this week's average 30-year rate of 7.11%, buying the median Kalispell home of $428,000 with 20% down costs about $2,756 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,469, 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 $118,128 for the 20%-down payment. That payment is 52% of the median Kalispell household income of $63,415; at that income and 20% down, the 28% guideline points to a home of about $230,000.
The median rent here is $1,078 a month, so owning the median home costs about $1,678 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $85,600 |
|---|---|
| Loan amount | $342,400 |
| Principal and interest | $2,303 |
| Property taxes (0.77% a year) | $275 |
| Homeowners insurance (our estimate, 0.5% a year) | $178 |
| PMI | $0 |
| Total per month | $2,756 |
Change the numbers in the calculator
| Down payment | $14,980 |
|---|---|
| Loan amount | $420,248 |
| Principal and interest | $2,827 |
| Property taxes (0.77% a year) | $275 |
| Homeowners insurance (our estimate, 0.5% a year) | $178 |
| FHA mortgage insurance | $189 |
| Total per month | $3,469 |
Change the numbers in the calculator
Questions about home buying in Kalispell
What is the median home value in Kalispell?
About $428,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Kalispell?
Homeowners pay a median $3,297 a year, which is about 0.77% 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 Kalispell?
For the median home with 20% down at 7.11%, the payment is about $2,756 a month. Keeping that under 28% of gross income takes about $118,128 a year.
More about Kalispell
- Mortgage Refinance in Kalispell
- Debt Relief in Kalispell
- Home Equity Loans in Kalispell
- 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