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These days, finding an affordable place to live in the Mill Iron area can be challenging. Home prices in Mill Iron are now at a median cost of $206,973, lower than the Montana average of $409,886.
The average cost of rent is $784/mo in Mill Iron, primarily driven by the current value of real estate in the Mill Iron area. In Mill Iron, 37.50% of households rent, and 80.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mill Iron is $4,835 per month. Households that rent pay about 16.21% of their income on rent here. Mill Iron’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ekalaka, MT: less expensive homes
- Webster, MT: higher priced homes
- Capitol, MT: equally priced homes
- Gustave, SD: less expensive homes
- Willard, MT: higher priced homes
- Camp Crook, SD: less expensive homes
- Hammond, MT: equally priced homes
- Ladner, SD: less expensive homes
- Ridgeway, MT: equally priced homes
- Baker, MT: equally priced homes
Cities with Similar Populations
- Mekoryuk, AK: less expensive homes
- Mc Neill, MS: less expensive homes
- McAlevys Fort, PA: higher priced homes
- McCauley, WV: less expensive homes
- McClellan Park, CA: higher priced homes
- McCord Bend, MO: higher priced homes
- McKenzie Bridge, OR: higher priced homes
- McZena, OH: higher priced homes
- Meadow Cliff, AR: less expensive homes
- Meadow, SD: less expensive homes
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