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Affordable
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These days, finding an affordable place to live in the Bannack area can be challenging. Home prices in Bannack are now at a median cost of $268,768, lower than the Montana average of $409,886.
The average cost of rent is $702/mo in Bannack, primarily driven by the current value of real estate in the Bannack area. In Bannack, 18.51% of households rent, and 58.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bannack is $5,120 per month. Households that rent pay about 13.71% of their income on rent here. Bannack’s most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dillon, MT: higher priced homes
- Polaris, MT: equally priced homes
- Grant, MT: less expensive homes
- Glen, MT: higher priced homes
- Jackson, MT: higher priced homes
- Melrose, MT: higher priced homes
- Dell, MT: equally priced homes
- Twin Bridges, MT: higher priced homes
- Wisdom, MT: higher priced homes
- Divide, MT: higher priced homes
Cities with Similar Populations
- Peoli, OH: less expensive homes
- Willisville, AR: less expensive homes
- Hogtown, NY: less expensive homes
- Bemis, WV: less expensive homes
- Glen, TN: higher priced homes
- West Groton, VT: less expensive homes
- Glazier, TX: less expensive homes
- Bernardo, NM: equally priced homes
- El Mirage, CA: higher priced homes
- Bethany, TN: less expensive homes
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