Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Montevallo area can be challenging. Home prices in Montevallo are now at a median cost of $113,354, lower than the Missouri average of $194,908.
The average cost of rent is $615/mo in Montevallo, primarily driven by the current value of real estate in the Montevallo area. While nearly 71.19% of residents own their homes outright in Montevallo, 20.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montevallo is $4,060 per month. Households that rent pay about 15.14% of their income on rent here. Montevallo's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Virgil City, MO: higher priced homes
- Milo, MO: higher priced homes
- Osiris, MO: equally priced homes
- Sheldon, MO: less expensive homes
- Dederick, MO: equally priced homes
- Jerico Springs, MO: equally priced homes
- Walker, MO: less expensive homes
- El Dorado Springs, MO: equally priced homes
- Filley, MO: equally priced homes
- Nevada, MO: equally priced homes
Cities with Similar Populations
- Harrisburg, NE: higher priced homes
- Stillwater, OH: higher priced homes
- Steubenville, IN: higher priced homes
- Steen, MN: higher priced homes
- St. Thomas, MN: higher priced homes
- St. Martin, MN: higher priced homes
- St. Marie, MT: equally priced homes
- Hatton, MO: higher priced homes
- Hartford City, WV: less expensive homes
- Harrisonville, NJ: higher priced homes
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