Jan 9, 2026
Gianforte Announces Homeowners Can Apply for 2026 Homestead Reduced Rate
Governor Greg Gianforte Thursday announced that Montana homeowners can now apply for the 2026 Homestead Reduced Rate, delivering on his commitment to provide permanent and meaningful property tax relief for Montanans.
“Recognizing the burden of rising property taxes, we worked with the Legislature to deliver permanent and meaningful property tax relief,” Gov. Gianforte said. “Thanks to our reforms, 80% of Montana homeowners saw lower property taxes last year. While those who claimed a property tax rebate are already enrolled for the lower rate this year, homeowners can verify their status or claim the lower rate by visiting Homestead.MT.gov.”
Largely a function of local jurisdictions, property taxes fund local government services, with approximately 80 percent of property tax revenue from residential homeowners going directly to local jurisdictions and the remaining 20 percent going to the State of Montana which returns the amount in full to help fund K-12 public schools throughout the state.
Beginning December 1, 2025, Montana homeowners became eligible to apply for the Homestead Reduced Rate for the 2026 tax year. To qualify, applicants must attest that they will own and live in their Montana home as their principal residence for at least seven months during 2026. When applying, homeowners will need to provide the property’s physical address, geocode, and the names and Social Security numbers of the property owners.
House Bill 231, carried by Representative Llew Jones, R-Conrad, established the Homestead Rate, which takes effect this year. The Homestead Rate is a new, lower property tax rate for long-term rentals and primary residences, the places Montanans call home.
Properties that qualified for and received the 2025 property tax rebate will automatically qualify for the 2026 Homestead Reduced Rate if ownership has not changed and the property continues to be used as the primary residence. Additionally, the application period for the Long-Term Rental Reduced Rate is now open. To qualify, properties must be rented to tenants as their residence for periods of 28 days or longer for at least seven months of the year. Applicants will need to provide the property’s physical address, geocode, owner information, and details on rental income and expenses.
In November, Gov. Gianforte announced that nearly 80% of homes will see a tax cut from the reforms, with about 10% seeing property taxes remain flat. The average savings for homeowners who saw a tax cut was more than $500, not including the up to $400 property tax rebate available to eligible homeowners.
Senate Bill 542, carried by Senator Wylie Galt, R-Martinsdale, establishes new, tiered tax rates to deliver property tax relief for Montanans for their homes, small businesses, farms, and ranches in 2025 and provided a property tax rebate for Montanans for their primary residence. Eligible Montana homeowners could claim a rebate up to $400 last year for property taxes paid in 2024.
Last year, more than 235,000 Montana homeowners claimed and received a property tax rebate. Montana homeowners who claimed and received a property tax rebate in 2025 may be automatically enrolled in the Homestead Rate for 2026, provided the homeowner did not move or change ownership in 2025.
Montanans can verify enrollment or apply for the Homestead Reduced Rate and Long-Term Rental Reduced Rate by visiting homestead.mt.gov.
“Recognizing the burden of rising property taxes, we worked with the Legislature to deliver permanent and meaningful property tax relief,” Gov. Gianforte said. “Thanks to our reforms, 80% of Montana homeowners saw lower property taxes last year. While those who claimed a property tax rebate are already enrolled for the lower rate this year, homeowners can verify their status or claim the lower rate by visiting Homestead.MT.gov.”
Largely a function of local jurisdictions, property taxes fund local government services, with approximately 80 percent of property tax revenue from residential homeowners going directly to local jurisdictions and the remaining 20 percent going to the State of Montana which returns the amount in full to help fund K-12 public schools throughout the state.
Beginning December 1, 2025, Montana homeowners became eligible to apply for the Homestead Reduced Rate for the 2026 tax year. To qualify, applicants must attest that they will own and live in their Montana home as their principal residence for at least seven months during 2026. When applying, homeowners will need to provide the property’s physical address, geocode, and the names and Social Security numbers of the property owners.
House Bill 231, carried by Representative Llew Jones, R-Conrad, established the Homestead Rate, which takes effect this year. The Homestead Rate is a new, lower property tax rate for long-term rentals and primary residences, the places Montanans call home.
Properties that qualified for and received the 2025 property tax rebate will automatically qualify for the 2026 Homestead Reduced Rate if ownership has not changed and the property continues to be used as the primary residence. Additionally, the application period for the Long-Term Rental Reduced Rate is now open. To qualify, properties must be rented to tenants as their residence for periods of 28 days or longer for at least seven months of the year. Applicants will need to provide the property’s physical address, geocode, owner information, and details on rental income and expenses.
In November, Gov. Gianforte announced that nearly 80% of homes will see a tax cut from the reforms, with about 10% seeing property taxes remain flat. The average savings for homeowners who saw a tax cut was more than $500, not including the up to $400 property tax rebate available to eligible homeowners.
Senate Bill 542, carried by Senator Wylie Galt, R-Martinsdale, establishes new, tiered tax rates to deliver property tax relief for Montanans for their homes, small businesses, farms, and ranches in 2025 and provided a property tax rebate for Montanans for their primary residence. Eligible Montana homeowners could claim a rebate up to $400 last year for property taxes paid in 2024.
Last year, more than 235,000 Montana homeowners claimed and received a property tax rebate. Montana homeowners who claimed and received a property tax rebate in 2025 may be automatically enrolled in the Homestead Rate for 2026, provided the homeowner did not move or change ownership in 2025.
Montanans can verify enrollment or apply for the Homestead Reduced Rate and Long-Term Rental Reduced Rate by visiting homestead.mt.gov.
