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Affordable
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These days, finding an affordable place to live in the Fallon area can be challenging. Home prices in Fallon are now at a median cost of $166,239, lower than the Montana average of $409,886.
The average cost of rent is $630/mo in Fallon, primarily driven by the current value of real estate in the Fallon area. In Fallon, 16.27% of households rent, and 74.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fallon is $4,288 per month. Households that rent pay about 14.70% of their income on rent here. Fallon’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Terry, MT: equally priced homes
- Marsh, MT: higher priced homes
- Mildred, MT: equally priced homes
- West Glendive, MT: equally priced homes
- Ismay, MT: higher priced homes
- Glendive, MT: higher priced homes
- Kinsey, MT: higher priced homes
- Lindsay, MT: higher priced homes
- Plevna, MT: higher priced homes
- Mizpah, MT: higher priced homes
Cities with Similar Populations
- Roma Creek, TX: less expensive homes
- Silver Sands Beach, ID: higher priced homes
- Sinnickson Landing, NJ: higher priced homes
- Armorel, AR: less expensive homes
- Arjay, KY: less expensive homes
- Aragon, NM: equally priced homes
- Arab, MO: higher priced homes
- Aonia, GA: equally priced homes
- Antioch, GA: higher priced homes
- Angus, MN: equally priced homes
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