The Most Affordable Neighborhoods in Cut Bank, MT by Home Value

 

Cut Bank, MT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cut Bank area can be challenging. Home prices in Cut Bank are now at a median cost of $185,497, lower than the Montana average of $409,886.

The average cost of rent is $947/mo in Cut Bank, primarily driven by the current value of real estate in the Cut Bank area. In Cut Bank, 29.53% of households rent, and 50.42% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Cut Bank is $5,474 per month. Households that rent pay about 17.29% of their income on rent here. Cut Bank’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern 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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