Questions from Clients, Answered: Montana Property Rebate & Taxable Values
The Montana Department of Revenue is encouraging homeowners to apply for a new property tax rebate.
The rebate is based on the property taxes you paid on your principal Montana residence in 2024, and the amount of the rebate may not exceed $400.
For example, if you paid $250 in property taxes on your principal Montana residence in 2024, you would receive a $250 property tax rebate.
If you paid $1,200 in property taxes on your principal Montana residence in 2024, you would receive a $400 property tax rebate.
Eligible property types include single-family homes, apartments and condominiums, and trailers, manufactured homes, and mobile homes (including up to one acre of land). Properties held by entities (LLCs, corporations, etc.) do not qualify.
The rebate is available to qualifying Montana taxpayers who were billed and paid property taxes on their principal residence, and did the following:
- Owned a Montana residence for at least seven months in 2024
- Lived in this Montana residence for at least seven months in 2024
- Were billed for property taxes, including special assessments and other fees, on this residence; and
- Paid property taxes on this residence.
The portal to claim the rebate opened August 15. Claims must be filed by October 1, 2025.
Apply at either getmyrebate.mt.gov or by paper form.
Rebates will be mailed to the address provided by the taxpayer in their rebate application. Direct deposit of rebates is not available.
The rebates are part of a second-home tax and homestead tax relief package that became law in Montana earlier this year. The package aims to address rising residential property taxes.
Find property tax rebate FAQs from the Montana Department of Revenue here.
Why are taxable values on some Montana properties going down?
Some Montana homeowners have been scratching their heads after receiving reappraisal notices from the Montana Department of Revenue that show that while their assessed value rose, their taxable value decreased.
According to the Montana Free Press, “the answer has to do with the mechanics of the property tax relief measure passed by this year’s Montana Legislature.” Read more.
