The typical owner-occupied home in Arlee is worth about $261,400, 30% below the Montana median of $375,800 and 21% below the national median of $332,700. Owners pay a median $2,341 a year in property taxes, about 0.90% of their home's value, higher than the Montana rate of 0.72%. The median household earns $57,500 a year, so the median home costs 4.5 times the median income (5.2 times for Montana). 60% of occupied homes here are lived in by their owners, and 39% of those owners still have a mortgage.
Arlee at a glance
| Arlee | Montana | U.S. | |
|---|---|---|---|
| Median home value | $261,400 | $375,800 | $332,700 |
| Median property tax paid per year | $2,341 | $2,693 | $3,119 |
| Property tax as a share of value | 0.90% | 0.72% | 0.94% |
| Median household income | $57,500 | $72,509 | $80,734 |
| Homes lived in by their owners | 60% | 69% | 65% |
| Owner homes with a mortgage | 39% | 55% | 61% |
| Median monthly costs, owners with a mortgage | $1,500 | $1,798 | $1,963 |
| Those costs as a share of the owners' income | 22.9% | 21.9% | 21.0% |
| Median rent | $890 | $1,081 | $1,413 |
| Rent as a share of renters' income | 18.6% | 27.8% | 30.6% |
| Median year homes were built | 1981 | 1981 | 1980 |
| Vacant homes | 9.5% | 13.2% | 10.1% |
| Population | 812 | 1,116,875 | 334,922,499 |
What a typical home costs per month in Arlee
At this week's average 30-year rate of 7.11%, buying the median Arlee home of $261,400 with 20% down costs about $1,712 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,147, 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 $73,360 for the 20%-down payment. That payment is 36% of the median Arlee household income of $57,500; at that income and 20% down, the 28% guideline points to a home of about $205,000.
The median rent here is $890 a month, so owning the median home costs about $822 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $52,280 |
|---|---|
| Loan amount | $209,120 |
| Principal and interest | $1,407 |
| Property taxes (0.90% a year) | $196 |
| Homeowners insurance (our estimate, 0.5% a year) | $109 |
| PMI | $0 |
| Total per month | $1,712 |
Change the numbers in the calculator
| Down payment | $9,149 |
|---|---|
| Loan amount | $256,665 |
| Principal and interest | $1,727 |
| Property taxes (0.90% a year) | $196 |
| Homeowners insurance (our estimate, 0.5% a year) | $109 |
| FHA mortgage insurance | $116 |
| Total per month | $2,147 |
Change the numbers in the calculator
Questions about home buying in Arlee
What is the median home value in Arlee?
About $261,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Arlee?
Homeowners pay a median $2,341 a year, which is about 0.90% 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 Arlee?
For the median home with 20% down at 7.11%, the payment is about $1,712 a month. Keeping that under 28% of gross income takes about $73,360 a year.
More about Arlee
- Mortgage Refinance in Arlee
- Debt Relief in Arlee
- Home Equity Loans in Arlee
- 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