Home Price Key
Affordable
Average
Expensive
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 $105,500, lower than the Montana average of $298,413.
The average cost of rent is $561/mo in Inverness, primarily driven by the current value of real estate in the Inverness area. While nearly 68.58% of residents own their homes outright in Inverness, 28.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in Inverness is $5,257 per month. Households that rent pay about 10.67% of their income on rent here. Inverness's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Joplin, MT: less expensive homes
- Rudyard, MT: equally priced homes
- Hingham, MT: equally priced homes
- Chester, MT: equally priced homes
- Gildford, MT: higher priced homes
- Lothair, MT: equally priced homes
- Whitlash, MT: less expensive homes
- Kremlin, MT: higher 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: equally priced 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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