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 $209,634, lower than the Montana average of $409,886.

The average cost of rent is $454/mo in Chapman, primarily driven by the current value of real estate in the Chapman area. In Chapman, 24.13% of households rent, and 72.37% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Chapman is $4,552 per month. Households that rent pay about 9.98% of their income on rent here. Chapman’s most expensive areas are in the northern regions, while the cheapest areas are in the northwestern 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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