Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Luther area can be challenging. Home prices in Luther are now at a median cost of $637,275, higher than the Montana average of $409,886.
The average cost of rent is $2,176/mo in Luther, primarily driven by the current value of real estate in the Luther area. In Luther, 11.48% of households rent, and 67.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Luther is $10,067 per month. Households that rent pay about 21.61% of their income on rent here. Luther’s most expensive areas are in the southwestern 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
- Roscoe, MT: less expensive homes
- Red Lodge, MT: less expensive homes
- Roberts, MT: less expensive homes
- Washoe, MT: equally priced homes
- Fishtail, MT: less expensive homes
- Absarokee, MT: less expensive homes
- Bearcreek, MT: less expensive homes
- Nye, MT: less expensive homes
- Boyd, MT: less expensive homes
- Belfry, MT: less expensive homes
Cities with Similar Populations
- Strawbridge, PA: less expensive homes
- Halley, AR: less expensive homes
- Harriett, OH: less expensive homes
- Hartsville, MA: equally priced homes
- Havens, NE: less expensive homes
- Stoverville, AR: less expensive homes
- Stow, NY: less expensive homes
- Strang, NE: less expensive homes
- Strangers Home, AR: less expensive homes
- Grove City, IL: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood