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Lewistown

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

Median Home$216,736
Median Rent$978/month
Population6,258
Leading IndustriesTransportation · Information & Media · Wholesale Trade4% transportation
Home Value Growth⬆⬆⬆+33.2% over 2 years
Retirees23% of residentsslightly above average
Homeowners58% of occupied units
NotableVeteran Community15% of residents · top 2% nationally
Lewistown
MT

Frequently Asked Questions

What are today's mortgage rates in Lewistown?

As of today, the 30-year fixed mortgage rate for Lewistown is approximately 6.963% (7.002% 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 Lewistown?

The median home value in Lewistown is $217k. The median monthly rent is $978. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lewistown?

Home values in Lewistown have increased 33.2% 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 Lewistown?

Based on a typical all-in ownership cost of $938/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lewistown is $53k/year.

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What industries drive the economy in Lewistown?

The largest employment sectors in Lewistown are public administration (22%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.