The typical owner-occupied home in Rexford is worth about $312,500, 17% below the Montana median of $375,800 and 6% below the national median of $332,700. Owners pay a median $1,563 a year in property taxes, about 0.50% of their home's value, lower than the Montana rate of 0.72%. The median household earns $51,406 a year, so the median home costs 6.1 times the median income (5.2 times for Montana). 51% of occupied homes here are lived in by their owners, and 69% of those owners still have a mortgage.
Rexford at a glance
| Rexford | Montana | U.S. | |
|---|---|---|---|
| Median home value | $312,500 | $375,800 | $332,700 |
| Median property tax paid per year | $1,563 | $2,693 | $3,119 |
| Property tax as a share of value | 0.50% | 0.72% | 0.94% |
| Median household income | $51,406 | $72,509 | $80,734 |
| Homes lived in by their owners | 51% | 69% | 65% |
| Owner homes with a mortgage | 69% | 55% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,798 | $1,963 |
| Those costs as a share of the owners' income | 12.5% | 21.9% | 21.0% |
| Median rent | – | $1,081 | $1,413 |
| Median year homes were built | 1973 | 1981 | 1980 |
| Vacant homes | 19.3% | 13.2% | 10.1% |
| Population | 134 | 1,116,875 | 334,922,499 |
What a typical home costs per month in Rexford
At this week's average 30-year rate of 7.11%, buying the median Rexford home of $312,500 with 20% down costs about $1,942 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,463, 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 $83,237 for the 20%-down payment. That payment is 45% of the median Rexford household income of $51,406; at that income and 20% down, the 28% guideline points to a home of about $193,000.
| Down payment | $62,500 |
|---|---|
| Loan amount | $250,000 |
| Principal and interest | $1,682 |
| Property taxes (0.50% a year) | $130 |
| Homeowners insurance (our estimate, 0.5% a year) | $130 |
| PMI | $0 |
| Total per month | $1,942 |
Change the numbers in the calculator
| Down payment | $10,938 |
|---|---|
| Loan amount | $306,840 |
| Principal and interest | $2,064 |
| Property taxes (0.50% a year) | $130 |
| Homeowners insurance (our estimate, 0.5% a year) | $130 |
| FHA mortgage insurance | $138 |
| Total per month | $2,463 |
Change the numbers in the calculator
Questions about home buying in Rexford
What is the median home value in Rexford?
About $312,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Rexford?
Homeowners pay a median $1,563 a year, which is about 0.50% 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 Rexford?
For the median home with 20% down at 7.11%, the payment is about $1,942 a month. Keeping that under 28% of gross income takes about $83,237 a year.
More about Rexford
- Mortgage Refinance in Rexford
- Debt Relief in Rexford
- Home Equity Loans in Rexford
- 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