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These days, finding an affordable place to live in the Montebello area can be challenging. Home prices in Montebello are now at a median cost of $294,553, lower than the Virginia average of $443,089.
The average cost of rent is $965/mo in Montebello, primarily driven by the current value of real estate in the Montebello area. In Montebello, 22.67% of households rent, and 66.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Montebello is $4,017 per month. Households that rent pay about 24.02% of their income on rent here. Montebello’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Tyro, VA: less expensive homes
- Raphine, VA: equally priced homes
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- Rivermont, VA: higher priced homes
- Sherando, VA: higher priced homes
- Fairfield, VA: less expensive homes
- Roseland, VA: equally priced homes
- Alhambra, VA: equally priced homes
Cities with Similar Populations
- Sextons Creek, KY: less expensive homes
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- Sebille Manor, MI: higher priced homes
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- Selma, SC: less expensive homes
- Semiway, KY: less expensive homes
- Sentinel Butte, ND: less expensive homes
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