The Most Affordable Neighborhoods in Big Timber, MT by Home Value

 

Big Timber, MT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Big Timber area can be challenging. Home prices in Big Timber are now at a median cost of $246,598, lower than the Montana average of $298,413.

The average cost of rent is $829/mo in Big Timber, primarily driven by the current value of real estate in the Big Timber area. While nearly 56.02% of residents own their homes outright in Big Timber, 23.15% rent.

Housing affordability isn’t just about home prices, though. The average household income in Big Timber is $5,005 per month. Households that rent pay about 16.57% of their income on rent here. Big Timber's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.


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