Compare Missoula, MT mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Missoula.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Missoula. Plus, shopping lenders is free and there is no obligation.
August 4, 2025
Below we provide helpful information on the real estate market, home prices and housing affordability in Missoula. Understand how much you need to earn to afford a home in Missoula, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Missoula fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Missoula is right for you.
The median home value for Missoula, MT is $464,879
Based on current mortgage rates and a 10% down payment, you need to make $96,981 per year to buy the median priced home in Missoula
With this income, you could qualify for a $418,391 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Missoula is $2,246
The median household income for Missoula, MT is $67,778
Based on this income, you can afford a home valued at approximately $324,895
The home price you can afford to buy based on household income in Missoula is 70% of the median home value which means housing prices are very expensive. Missoula ranks 54 out of 56 counties in Montana and 3,069 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Missoula, MT is very expensive
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Missoula below.
Conforming loan limits for Missoula, MT
FHA loan limits for Missoula, MT