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Crane

Learn about the people, housing, costs and businesses in Crane, Montana

Median Home$293,800
Median Rent$765/month
Population94
Leading IndustriesPublic Administration · Arts, Food & Hospitality · Healthcare41% public administration
Home Value Growth+4.5% over 2 years
Young Adults49% of residentstop 1% nationally
Homeowners76% of occupied units
NotableHighly Educated32% bachelor's · 21% graduate · top 6% nationally
Crane
MT

Frequently Asked Questions

What are today's mortgage rates in Crane?

As of today, the 30-year fixed mortgage rate for Crane is approximately 6.802% (6.835% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Crane?

The median home value in Crane is $294k. The median monthly rent is $765. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Crane?

Home values in Crane have increased 4.5% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Crane?

Based on a typical all-in ownership cost of $715/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Crane is $84k/year.

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What industries drive the economy in Crane?

The largest employment sectors in Crane are public administration (41%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.