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These days, finding an affordable place to live in the Essex area can be challenging. Home prices in Essex are now at a median cost of $432,760, higher than the Montana average of $409,886.
The average cost of rent is $1,127/mo in Essex, primarily driven by the current value of real estate in the Essex area. In Essex, 13.71% of households rent, and 58.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Essex is $4,891 per month. Households that rent pay about 23.04% of their income on rent here. Essex’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.
Nearby Cities
- Summit, MT: less expensive homes
- Martin City, MT: equally priced homes
- West Glacier, MT: equally priced homes
- Coram, MT: equally priced homes
- East Glacier Park, MT: less expensive homes
- Hungry Horse, MT: equally priced homes
- Creston, MT: higher priced homes
- La Salle, MT: equally priced homes
- Columbia Falls, MT: higher priced homes
- Bigfork, MT: higher priced homes
Cities with Similar Populations
- Bona, MO: less expensive homes
- Buies Creek, NC: less expensive homes
- Brooks, MS: less expensive homes
- Brooks, CA: higher priced homes
- Briggsville, AR: less expensive homes
- Brewster, NE: less expensive homes
- Brentwood, NH: higher priced homes
- Breezy Hill, LA: less expensive homes
- Bradleyville, MI: less expensive homes
- Bradgate, IA: less expensive homes
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