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Affordable
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These days, finding an affordable place to live in the Hamilton area can be challenging. Home prices in Hamilton are now at a median cost of $461,053, higher than the Montana average of $409,886.
The average cost of rent is $1,106/mo in Hamilton, primarily driven by the current value of real estate in the Hamilton area. In Hamilton, 31.28% of households rent, and 49.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hamilton is $5,755 per month. Households that rent pay about 19.21% of their income on rent here. Hamilton’s most expensive areas are in the southern 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
- Riverside, MT: higher priced homes
- Woodside, MT: less expensive homes
- Corvallis, MT: higher priced homes
- Pinesdale, MT: higher priced homes
- Grantsdale, MT: higher priced homes
- Victor, MT: equally priced homes
- Darby, MT: less expensive homes
- Stevensville, MT: higher priced homes
- Conner, MT: equally priced homes
- Florence, MT: higher priced homes
Cities with Similar Populations
- Advance, NC: less expensive homes
- Zapata, TX: less expensive homes
- Yorktown Heights, NY: higher priced homes
- Yauco, PR: less expensive homes
- Worthington, MN: less expensive homes
- Woodruff, SC: less expensive homes
- Woodland, WA: higher priced homes
- Winton, CA: less expensive homes
- Ball Ground, GA: equally priced homes
- Babylon, NY: higher priced homes
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