The Most Affordable Neighborhoods in Columbia Falls, MT by Home Value

 

Columbia Falls, MT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Columbia Falls area can be challenging. Home prices in Columbia Falls are now at a median cost of $310,778, higher than the Montana average of $298,413.

The average cost of rent is $1,075/mo in Columbia Falls, primarily driven by the current value of real estate in the Columbia Falls area. While nearly 37.21% of residents own their homes outright in Columbia Falls, 21.49% rent.

Housing affordability isn’t just about home prices, though. The average household income in Columbia Falls is $5,436 per month. Households that rent pay about 19.79% of their income on rent here. Columbia Falls's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.


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