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These days, finding an affordable place to live in the Butte area can be challenging. Home prices in Butte are now at a median cost of $266,066, lower than the Montana average of $409,886.
The average cost of rent is $1,023/mo in Butte, primarily driven by the current value of real estate in the Butte area. In Butte, 30.78% of households rent, and 43.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Butte is $5,344 per month. Households that rent pay about 19.14% of their income on rent here. Butte’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Williamsburg, MT: higher priced homes
- Centerville, MT: less expensive homes
- Walkerville, MT: less expensive homes
- Floral Park, MT: higher priced homes
- Nissler, MT: higher priced homes
- Butte-Silver Bow, MT: higher priced homes
- Ramsay, MT: higher priced homes
- Feely, MT: higher priced homes
- Columbia Gardens, MT: higher priced homes
- Crackerville, MT: higher priced homes
Cities with Similar Populations
- Rosemount, MN: higher priced homes
- Dania Beach, FL: higher priced homes
- Dawsonville, GA: higher priced homes
- Drexel Hill, PA: equally priced homes
- Elgin, SC: equally priced homes
- Endicott, NY: less expensive homes
- Fairmont, WV: less expensive homes
- Flemington, NJ: higher priced homes
- Fountain, CO: higher priced homes
- Galesburg, IL: less expensive homes
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