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Affordable
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These days, finding an affordable place to live in the Capitol area can be challenging. Home prices in Capitol are now at a median cost of $217,600, lower than the Montana average of $409,886.
The average cost of rent is $840/mo in Capitol, primarily driven by the current value of real estate in the Capitol area. In Capitol, 44.69% of households rent, and 74.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Capitol is $5,441 per month. Households that rent pay about 15.44% of their income on rent here. Capitol’s most expensive areas are in the central 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.
Nearby Cities
- Camp Crook, SD: less expensive homes
- Gustave, SD: less expensive homes
- Mill Iron, MT: equally priced homes
- Hammond, MT: equally priced homes
- Ridgeway, MT: equally priced homes
- Ladner, SD: less expensive homes
- Harding, SD: less expensive homes
- Ekalaka, MT: less expensive homes
- Buffalo, SD: less expensive homes
- Alzada, MT: equally priced homes
Cities with Similar Populations
- Southside, AR: less expensive homes
- Enos Corner, IN: less expensive homes
- South Blue Hill, ME: higher priced homes
- Empire City, KS: less expensive homes
- Lac La Belle, MI: higher priced homes
- Lambert Lake, ME: less expensive homes
- Eloise, TX: higher priced homes
- South Sandisfield, MA: higher priced homes
- Lancer, KY: less expensive homes
- Ellisonville, OH: less expensive homes
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