The Most Affordable Neighborhoods in Manhattan, MT by Home Value

 

Manhattan, MT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Manhattan area can be challenging. Home prices in Manhattan are now at a median cost of $403,051, higher than the Montana average of $298,413.

The average cost of rent is $1,250/mo in Manhattan, primarily driven by the current value of real estate in the Manhattan area. While nearly 48.37% of residents own their homes outright in Manhattan, 25.86% rent.

Housing affordability isn’t just about home prices, though. The average household income in Manhattan is $6,231 per month. Households that rent pay about 20.06% of their income on rent here. Manhattan's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.


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