The Most Affordable Neighborhoods in Chapman, MT by Home Value

 

Chapman, MT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Chapman area can be challenging. Home prices in Chapman are now at a median cost of $166,228, lower than the Montana average of $298,413.

The average cost of rent is $318/mo in Chapman, primarily driven by the current value of real estate in the Chapman area. While nearly 58.46% of residents own their homes outright in Chapman, 24.18% rent.

Housing affordability isn’t just about home prices, though. The average household income in Chapman is $4,906 per month. Households that rent pay about 6.48% of their income on rent here. Chapman's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.


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