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Frazer

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

Median Home$190,000
Median Rent$952/month
Population515
Leading IndustriesFinance & Insurance · Information & Media · Transportation8% finance & insurance
Home Value Growth⬆⬆⬆+29.2% over 2 years
Family-Friendly25% of residentsabove average nationally
Homeowners82% of occupied units
NotableAffordable Market$190k median home · lower cost than 85% of the country
Frazer
MT

Frequently Asked Questions

What are today's mortgage rates in Frazer?

As of today, the 30-year fixed mortgage rate for Frazer is approximately 6.966% (7.005% 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 Frazer?

The median home value in Frazer is $190k. The median monthly rent is $952. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Frazer?

Home values in Frazer have increased 29.2% over the past two years. This indicates a strong appreciation trend. 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 Frazer?

Based on a typical all-in ownership cost of $745/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Frazer is $65k/year.

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What industries drive the economy in Frazer?

The largest employment sectors in Frazer are public administration (25%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.