Housing in Lima, MT
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$269,981
Lima vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Lima is highlighted.
Median Home Value
51st%ilemost expensive$183,100show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$183,100
Median Rent
N/A
Total Housing Units
158
Vacancy Rate
31.6%
Owner Occupied
93.5%
Renter Occupied
6.5%
Median Property Tax
$1,169
per year
Monthly Cost (w/ Mortgage)
$738
Housing Types
Single Family79.8%
Multi-Family0.0%
Mobile Home20.3%
The median home value in Lima, MT is $183,100. According to Zillow, the home value index for Lima is $269,981. About 93.5% of housing units are owner-occupied. The median year homes were built is 1963. There are 158 total housing units.