Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Montana area can be challenging. Home prices in Montana are now at a median cost of $118,534, lower than the Arkansas average of $160,541.
The average cost of rent is $679/mo in Montana, primarily driven by the current value of real estate in the Montana area. While nearly 56.33% of residents own their homes outright in Montana, 28.66% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montana is $2,641 per month. Households that rent pay about 25.72% of their income on rent here. Montana's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- New Spadra, AR: higher priced homes
- Hartman, AR: less expensive homes
- Morrison Bluff, AR: equally priced homes
- Scranton, AR: equally priced homes
- Spadra, AR: equally priced homes
- Clarksville, AR: equally priced homes
- Coal Hill, AR: less expensive homes
- Dublin, AR: equally priced homes
- Subiaco, AR: equally priced homes
- Harmony, AR: equally priced homes
Cities with Similar Populations
- Saxon, WA: higher priced homes
- Mercyville, MO: less expensive homes
- Merritt, IL: less expensive homes
- Mesa Lakes, CO: higher priced homes
- Middle Bass, OH: higher priced homes
- Middle Creek, PA: higher priced homes
- Middlegrove, IL: equally priced homes
- Middletown Center, PA: higher priced homes
- Milburn, UT: higher priced homes
- Samford, MO: less expensive homes
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