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These days, finding an affordable place to live in the Montague area can be challenging. Home prices in Montague are now at a median cost of $236,048, lower than the Michigan average of $250,415.
The average cost of rent is $879/mo in Montague, primarily driven by the current value of real estate in the Montague area. In Montague, 12.30% of households rent, and 47.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Montague is $6,974 per month. Households that rent pay about 12.61% of their income on rent here. Montague’s most expensive areas are in the western 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
- Whitehall, MI: higher priced homes
- Rothbury, MI: less expensive homes
- Lakewood Club, MI: less expensive homes
- New Era, MI: less expensive homes
- Stony Lake, MI: higher priced homes
- Twin Lake, MI: equally priced homes
- Shelby, MI: less expensive homes
- Holton, MI: less expensive homes
- North Muskegon, MI: higher priced homes
- Little Point Sable, MI: equally priced homes
Cities with Similar Populations
- Kirtland, OH: higher priced homes
- Rancho Calaveras, CA: higher priced homes
- Rainier, WA: higher priced homes
- Long View, NC: less expensive homes
- Laingsburg, MI: higher priced homes
- Laie, HI: higher priced homes
- Lagrangeville, NY: higher priced homes
- Lacy-Lakeview, TX: less expensive homes
- La Crescent, MN: higher priced homes
- Ray City, GA: less expensive homes
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