Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Montezuma area can be challenging. Home prices in Montezuma are now at a median cost of $81,694, lower than the Indiana average of $175,617.
The average cost of rent is $949/mo in Montezuma, primarily driven by the current value of real estate in the Montezuma area. While nearly 51.86% of residents own their homes outright in Montezuma, 20.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montezuma is $4,648 per month. Households that rent pay about 20.42% of their income on rent here. Montezuma's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Hillsdale, IN: higher priced homes
- West Union, IN: higher priced homes
- Mecca, IN: less expensive homes
- Summit Grove, IN: higher priced homes
- Coloma, IN: higher priced homes
- Bloomingdale, IN: higher priced homes
- Newport, IN: equally priced homes
- Bellmore, IN: higher priced homes
- Dana, IN: less expensive homes
- Fairview Park, IN: higher priced homes
Cities with Similar Populations
- Vanleer, TN: higher priced homes
- Cutler, OH: higher priced homes
- Danese, WV: higher priced homes
- Deal, NJ: higher priced homes
- Dellwood, MN: higher priced homes
- Dover, GA: higher priced homes
- Duplex, TN: higher priced homes
- East Burke, VT: higher priced homes
- East Chatham, NY: higher priced homes
- Ellendale, MN: higher priced homes
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