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Market Watch

Property Tax Relief Programs in Montana

Posted on July 30, 2025

Attention Montana homeowners, it's that time of year again! Property tax notifications are coming in the mail, but you could be eligible for a property tax rebate and other property tax relief programs. Here's what you need to know about the Montana Property Tax Rebate and other assistance programs.

Montana Property Tax Rebate

You could be eligible for a property tax rebate of up to $400 for the 2024 tax year.

Who is Eligible?

To qualify for the rebate, you must meet the following criteria:

  • You must be a Montana taxpayer.
  • You must have owned and lived in your principal residence for at least seven months in 2024.
  • Your residence can be a single-family home, apartment, condominium, trailer, manufactured home, or mobile home, along with up to one acre of land.

It is important to note that properties owned by entities such as LLCs or corporations, or those held in irrevocable trusts, are not eligible for this rebate. Renters are also not eligible to apply.

How Much is the Rebate?

The rebate amount is the lesser of these two options:

  • $400
  • The amount of property taxes you paid on your principal Montana residence for the 2024 tax year.

How to Apply

Applying for the rebate is a straightforward process. Here's what you'll need:

  • Your principal residence's geocode.
  • The amount of property taxes you paid in 2024.
  • The names and Social Security numbers of yourself and your spouse.

Important Dates

The filing period for the 2024 Property Tax Rebate is from August 15, 2025, to October 1, 2025.

Rebates for applications filed online are typically issued within 30 days. For paper applications, the processing time may take up to 90 days. The rebate will be sent as a check to the mailing address you provide in your application.

For the most current information and to apply when the filing period opens, please visit the official Montana Department of Revenue website.

 

Other Property Tax Relief Programs

In addition to the property tax rebate, Montana offers several other programs to assist homeowners with their property taxes.

Property Tax Assistance Program (PTAP)

This program helps homeowners with limited or fixed incomes by reducing the taxable value of their primary residence.

  • Eligibility: Based on income, home ownership, and occupancy requirements. For tax year 2025, the income limits are $28,329 for single filers and $37,968 for married filers or heads of household.
  • Benefit: A reduction of 30%, 50%, or 80% on the normal tax rate on the first $350,000 of your home's market value.
  • How to Apply: Apply by April 15. You can find the application form and more information on the Montana Department of Revenue website.

Montana Disabled Veterans (MDV) Property Tax Assistance Program

This program offers property tax assistance to 100% disabled veterans and their surviving spouses.

  • Eligibility: Based on home ownership, occupancy, military disability requirements, and income levels.
  • Benefit: A reduction in the property tax rate.
  • How to Apply: Contact the Montana Department of Revenue for details on how to apply.

Elderly Homeowner/Renter Credit (EHRC)

This program provides a refundable tax credit to elderly homeowners and renters.

  • Eligibility: You must be at least 62 years old, have lived in Montana for at least nine months, and have rented or owned a residence in Montana for at least six months. Your household income must be less than $45,000.
  • Benefit: A refundable tax credit of up to $1,150.
  • How to Apply: This credit is claimed on your Montana state income tax return.

Land Value Property Tax Assistance Program (LVPTAP)

This program assists residential property owners whose land value is disproportionately higher than the value of their home.

  • Eligibility: The land must have been in your family for at least 30 years, and your home must be on five acres of land or less.
  • How to Apply: Contact the Montana Department of Revenue for application information.

For more information about these programs and to check your eligibility, visit Property Tax Relief for Montana.

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