Housing in Lima, MT

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Zillow — January 2026

Zillow 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

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 Family
79.8%
Multi-Family
0.0%
Mobile Home
20.3%

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.