The typical owner-occupied home in Gardiner is worth about $633,400, 69% above the Montana median of $375,800 and 90% above the national median of $332,700. Owners pay a median $2,757 a year in property taxes, about 0.44% of their home's value, lower than the Montana rate of 0.72%. The median household earns $60,598 a year, so the median home costs 10.5 times the median income (5.2 times for Montana). 55% of occupied homes here are lived in by their owners, and 36% of those owners still have a mortgage.
Gardiner at a glance
| Gardiner | Montana | U.S. | |
|---|---|---|---|
| Median home value | $633,400 | $375,800 | $332,700 |
| Median property tax paid per year | $2,757 | $2,693 | $3,119 |
| Property tax as a share of value | 0.44% | 0.72% | 0.94% |
| Median household income | $60,598 | $72,509 | $80,734 |
| Homes lived in by their owners | 55% | 69% | 65% |
| Owner homes with a mortgage | 36% | 55% | 61% |
| Median monthly costs, owners with a mortgage | $1,431 | $1,798 | $1,963 |
| Those costs as a share of the owners' income | 12.5% | 21.9% | 21.0% |
| Median rent | $769 | $1,081 | $1,413 |
| Rent as a share of renters' income | 23.7% | 27.8% | 30.6% |
| Median year homes were built | 1992 | 1981 | 1980 |
| Vacant homes | 21.4% | 13.2% | 10.1% |
| Population | 647 | 1,116,875 | 334,922,499 |
What a typical home costs per month in Gardiner
At this week's average 30-year rate of 7.11%, buying the median Gardiner home of $633,400 with 20% down costs about $3,905 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,960, 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 $167,353 for the 20%-down payment. That payment is 77% of the median Gardiner household income of $60,598; at that income and 20% down, the 28% guideline points to a home of about $229,000.
The median rent here is $769 a month, so owning the median home costs about $3,136 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $126,680 |
|---|---|
| Loan amount | $506,720 |
| Principal and interest | $3,409 |
| Property taxes (0.44% a year) | $232 |
| Homeowners insurance (our estimate, 0.5% a year) | $264 |
| PMI | $0 |
| Total per month | $3,905 |
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| Down payment | $22,169 |
|---|---|
| Loan amount | $621,928 |
| Principal and interest | $4,184 |
| Property taxes (0.44% a year) | $232 |
| Homeowners insurance (our estimate, 0.5% a year) | $264 |
| FHA mortgage insurance | $280 |
| Total per month | $4,960 |
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Questions about home buying in Gardiner
What is the median home value in Gardiner?
About $633,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Gardiner?
Homeowners pay a median $2,757 a year, which is about 0.44% 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 Gardiner?
For the median home with 20% down at 7.11%, the payment is about $3,905 a month. Keeping that under 28% of gross income takes about $167,353 a year.
More about Gardiner
- Mortgage Refinance in Gardiner
- Debt Relief in Gardiner
- Home Equity Loans in Gardiner
- 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