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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Heart Butte, MT Housing Affordability Index

Heart Butte, Montana has an MBR Housing Affordability Index score of 191.7 (Highly Affordable) as of October 30, 2026, ranking 28th most affordable of 217 scored Montana cities, compared with 92.8 statewide and 97.4 nationally. On a median-priced $46,300 home with 20% down, the Montana average 30-year fixed rate of 7.26% means a monthly principal and interest payment of about $253, or 10% of the city’s $31,389 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Heart Butte is updated every night from live Montana mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Heart Butte MBR-HAI 191.7 Highly Affordable
Rank in Montana 28 of 217 1 = most affordable
Montana 92.8 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.26% Montana lenders
Median home value $46,300 U.S. Census Bureau

Heart Butte is 98.9 points above the Montana score. Scores as of October 30, 2026. See the Montana index

View Heart Butte Mortgage Rates

What It Takes to Buy in Heart Butte

$253/mo
Principal & Interest
Median home, 20% down, 7.26%
$10,800
Income Needed
To keep the payment at 28% of income
$31,389
Median Household Income
Montana: $72,509
1.5x
Price-to-Income Ratio
Montana: 5.2x
$294/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$2,220/yr
Median Property Tax
Montana figure
100.0%
Owner Cost Burden
Owners spending 30%+ of income on housing
18.1%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Heart Butte, Montana. The rate is the Montana average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Heart Butte Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Heart Butte, Montana score: 191.7 (Highly Affordable), ranked 28 of 217 Montana cities. monitorbankrates.com/housing-affordability-index/montana/heart-butte”