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 $109,288, lower than the Tennessee average of $218,916.
The average cost of rent is $869/mo in Montezuma, primarily driven by the current value of real estate in the Montezuma area. While nearly 51.80% of residents own their homes outright in Montezuma, 20.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montezuma is $3,549 per month. Households that rent pay about 24.48% of their income on rent here. Montezuma's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Henderson, TN: higher priced homes
- Finger, TN: equally priced homes
- Sanford Hill, TN: higher priced homes
- Silerton, TN: less expensive homes
- Pinson, TN: equally priced homes
- McNairy, TN: equally priced homes
- Parkburg, TN: higher priced homes
- Masseyville, TN: higher priced homes
- Medon, TN: higher priced homes
- Bethel Springs, TN: equally priced homes
Cities with Similar Populations
- Hammond, KY: less expensive homes
- Heath, MA: higher priced homes
- Hazelgreen, MO: higher priced homes
- Haviland, OH: less expensive homes
- Harris, AR: higher priced homes
- Harpster, OH: higher priced homes
- Harmon, IL: higher priced homes
- Happy Jack, AZ: higher priced homes
- Hanley Falls, MN: higher priced homes
- Hamon, TX: higher priced homes
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