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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 $324,646, higher than the Texas average of $322,096.
The average cost of rent is $954/mo in Montague, primarily driven by the current value of real estate in the Montague area. In Montague, 13.89% of households rent, and 67.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Montague is $6,047 per month. Households that rent pay about 15.77% of their income on rent here. Montague’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Salona, TX: equally priced homes
- Stoneburg, TX: less expensive homes
- Bowie, TX: less expensive homes
- Bonita, TX: less expensive homes
- Nocona, TX: less expensive homes
- St. Jo, TX: less expensive homes
- Hardy, TX: equally priced homes
- Freemound, TX: less expensive homes
- Fruitland, TX: less expensive homes
- Bellevue, TX: less expensive homes
Cities with Similar Populations
- Downs, KS: less expensive homes
- Urbanette, AR: less expensive homes
- Urbancrest, OH: less expensive homes
- Farmington, IA: less expensive homes
- Fairfield, NC: less expensive homes
- Fair Bluff, NC: less expensive homes
- Eaton, TX: higher priced homes
- East Marion, NY: higher priced homes
- East Bethany, NY: less expensive homes
- Duelm, MN: higher priced homes
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