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Manhattan

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

Median Home$633,200
Median Rent$1,717/month
Population2,230
Leading IndustriesWholesale Trade · Construction · Agriculture & Mining17% wholesale trade
Home Value Growth⬆⬆+18.1% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners81% of occupied units
NotableHighly Educated28% hold a bachelor's degree · top 12% nationally
NotableHigh Incomes$94k/year · top 21% nationally
Manhattan
MT

Frequently Asked Questions

What are today's mortgage rates in Manhattan?

As of today, the 30-year fixed mortgage rate for Manhattan is approximately 6.819% (6.852% 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 Manhattan?

The median home value in Manhattan is $633k. The median monthly rent is $1,717. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Manhattan?

Home values in Manhattan have increased 18.1% 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 Manhattan?

Based on a typical all-in ownership cost of $1,491/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $64k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Manhattan is $94k/year.

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What industries drive the economy in Manhattan?

The largest employment sectors in Manhattan are wholesale trade (17%) and public administration (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.