The Most Affordable Neighborhoods in Butte-Silver Bow, MT by Home Value

 

Butte-Silver Bow, MT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Butte-Silver Bow area can be challenging. Home prices in Butte-Silver Bow are now at a median cost of $418,548, higher than the Montana average of $409,886.

The average cost of rent is $966/mo in Butte-Silver Bow, primarily driven by the current value of real estate in the Butte-Silver Bow area. In Butte-Silver Bow, 17.57% of households rent, and 29.46% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Butte-Silver Bow is $8,199 per month. Households that rent pay about 11.78% of their income on rent here. Butte-Silver Bow’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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