Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Lame Deer

Learn about the people, housing, costs and businesses in Lame Deer, Montana

Median Home$106,600
Median Rent$578/month
Population1,847
Leading IndustriesPublic Administration · Manufacturing · Agriculture & Mining34% public administration
Home Value Growth⬆⬆+19.5% over 2 years
Family-Friendly26% of residentsabove average nationally
Renters53% of occupied units
NotableAffordable Market$107k median home · lower cost than 90% of the country
Lame Deer
MT

Frequently Asked Questions

What are today's mortgage rates in Lame Deer?

As of today, the 30-year fixed mortgage rate for Lame Deer is approximately 7.269% (7.319% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Lame Deer
What is the median home price in Lame Deer?

The median home value in Lame Deer is $107k. The median monthly rent is $578. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lame Deer?

Home values in Lame Deer have increased 19.5% 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 Lame Deer?

Based on a typical all-in ownership cost of $449/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $19k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lame Deer is $34k/year.

Calculate your buying power
What industries drive the economy in Lame Deer?

The largest employment sectors in Lame Deer are public administration (34%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.