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Indian Springs

Learn about the people, housing, costs and businesses in Indian Springs, Montana

Median Home$407,600
Median Rent$926/month
Population95
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services18% arts, food & hospitality
Home Value Growth⬆⬆⬆+22.9% over 2 years
Retirees29% of residentswell above average
Homeowners86% of occupied units
NotableHighly Educated31% bachelor's · 18% graduate · top 7% nationally
NotableVeteran Community11% of residents · top 9% nationally
Indian Springs
MT

Frequently Asked Questions

What are today's mortgage rates in Indian Springs?

As of today, the 30-year fixed mortgage rate for Indian Springs is approximately 6.933% (6.970% 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 Indian Springs?

The median home value in Indian Springs is $408k. The median monthly rent is $926. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Indian Springs?

Home values in Indian Springs have increased 22.9% 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 Indian Springs?

Based on a typical all-in ownership cost of $805/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Indian Springs is $68k/year.

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What industries drive the economy in Indian Springs?

The largest employment sectors in Indian Springs are healthcare (20%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.