The Most Affordable Neighborhoods in Fort Montgomery, NY by Home Value

 

Fort Montgomery, NY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Fort Montgomery area can be challenging. Home prices in Fort Montgomery are now at a median cost of $265,064, lower than the New York average of $481,023.

The average cost of rent is $1,514/mo in Fort Montgomery, primarily driven by the current value of real estate in the Fort Montgomery area. While nearly 30.82% of residents own their homes outright in Fort Montgomery, 44.01% rent.

Housing affordability isn’t just about home prices, though. The average household income in Fort Montgomery is $6,706 per month. Households that rent pay about 22.58% of their income on rent here. Fort Montgomery's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.


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