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These days, finding an affordable place to live in the Montgomery Center area can be challenging. Home prices in Montgomery Center are now at a median cost of $313,220, lower than the Vermont average of $340,025.
The average cost of rent is $903/mo in Montgomery Center, primarily driven by the current value of real estate in the Montgomery Center area. In Montgomery Center, 19.09% of households rent, and 47.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Montgomery Center is $4,684 per month. Households that rent pay about 19.28% of their income on rent here. Montgomery Center’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- East Enosburg, VT: less expensive homes
- Westfield, VT: less expensive homes
- Lowell, VT: less expensive homes
- East Berkshire, VT: less expensive homes
- Richford, VT: less expensive homes
- Enosburg Falls, VT: less expensive homes
- Eden, VT: less expensive homes
- Belvidere Center, VT: less expensive homes
- Eden Mills, VT: less expensive homes
- Troy, VT: less expensive homes
Cities with Similar Populations
- Hamburg, MN: equally priced homes
- Theta, TN: higher priced homes
- Summersville, KY: less expensive homes
- Startex, SC: less expensive homes
- Star City, IN: less expensive homes
- Stanberry, WI: less expensive homes
- St. Paul, KS: less expensive homes
- Spruce Head, ME: higher priced homes
- South Montrose, PA: less expensive homes
- Herron, MI: less expensive homes
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