Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Hobson area can be challenging. Home prices in Hobson are now at a median cost of $258,119, lower than the Montana average of $409,886.
The average cost of rent is $498/mo in Hobson, primarily driven by the current value of real estate in the Hobson area. In Hobson, 27.58% of households rent, and 71.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hobson is $4,588 per month. Households that rent pay about 10.85% of their income on rent here. Hobson’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Moccasin, MT: equally priced homes
- Utica, MT: equally priced homes
- Moore, MT: higher priced homes
- Ross Fork, MT: higher priced homes
- Windham, MT: equally priced homes
- Buffalo, MT: higher priced homes
- Straw, MT: equally priced homes
- Garneill, MT: higher priced homes
- Sapphire Village, MT: equally priced homes
- Stanford, MT: equally priced homes
Cities with Similar Populations
- Katy Lick, WV: less expensive homes
- Lamasco, TX: less expensive homes
- Wayland, OH: equally priced homes
- Lafox, IL: higher priced homes
- Weal, VA: less expensive homes
- Weathersfield Bow, VT: higher priced homes
- Kovar, TX: higher priced homes
- Klingville, MI: less expensive homes
- Wellman, TX: less expensive homes
- Kinross, IA: less expensive homes
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