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Frenchtown

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

Median Home$454,986
Median Rent$1,533/month
Population1,844
Leading IndustriesProfessional Services · Public Administration · Information & Media2% professional services
Home Value Growth⬆⬆⬆+21.9% over 2 years
Young Adults24% of residents
Homeowners92% of occupied units
NotableHighly Educated25% hold a bachelor's degree · top 18% nationally
NotableVeteran Community9% of residents · top 22% nationally
Frenchtown
MT

Frequently Asked Questions

What are today's mortgage rates in Frenchtown?

As of today, the 30-year fixed mortgage rate for Frenchtown is approximately 6.872% (6.907% 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 Frenchtown?

The median home value in Frenchtown is $455k. The median monthly rent is $1,533. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Frenchtown?

Home values in Frenchtown have increased 21.9% 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 Frenchtown?

Based on a typical all-in ownership cost of $1,357/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $58k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Frenchtown is $79k/year.

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What industries drive the economy in Frenchtown?

The largest employment sectors in Frenchtown are public administration (26%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.