Expensive
Affordable
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These days, finding an affordable place to live in the Inverness area can be challenging. Home prices in Inverness are now at a median cost of $148,600, lower than the Montana average of $409,886.
The average cost of rent is $640/mo in Inverness, primarily driven by the current value of real estate in the Inverness area. In Inverness, 21.75% of households rent, and 66.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Inverness is $5,313 per month. Households that rent pay about 12.05% of their income on rent here. Inverness’s most expensive areas are in the central 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
- Joplin, MT: equally priced homes
- Rudyard, MT: equally priced homes
- Hingham, MT: equally priced homes
- Chester, MT: higher priced homes
- Gildford, MT: equally priced homes
- Lothair, MT: equally priced homes
- Whitlash, MT: less expensive homes
- Kremlin, MT: equally priced homes
- Simpson, MT: higher priced homes
- Big Sandy, MT: higher priced homes
Cities with Similar Populations
- Grove Center, KY: higher priced homes
- Good Intent, PA: higher priced homes
- Goodland, MO: less expensive homes
- Goods Corner, PA: less expensive homes
- Gorham, ND: higher priced homes
- Gove, KS: equally priced homes
- Grape Creek, NC: higher priced homes
- Green Corners, NY: higher priced homes
- Greenwood, WA: higher priced homes
- Goldsboro, TX: higher priced homes
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