Housing in Medicine Lake, MT
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$115,632
Medicine Lake vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Medicine Lake is highlighted.
Median Home Value
18th%ilemost expensive$95,000show rank
Median Rent
3rd%ilemost expensive rent$492show rank
Rent Burden
20th%ilehighest rent burden14.4%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$95,000
Median Rent
$492
Total Housing Units
143
Vacancy Rate
23.1%
Owner Occupied
71.8%
Renter Occupied
28.2%
Median Property Tax
$1,025
per year
Monthly Cost (w/ Mortgage)
$615
Housing Types
Single Family65.0%
Multi-Family12.6%
Mobile Home22.4%
The median home value in Medicine Lake, MT is $95,000. According to Zillow, the home value index for Medicine Lake is $115,632. The median rent is $492 per month (Census ACS). About 71.8% of housing units are owner-occupied. The median year homes were built is 1968. There are 143 total housing units.