
Home Price Key
These days, finding an affordable place to live in the Montgomery City area can be challenging. Home prices in Montgomery City are now at a median cost of $147,591, lower than the Missouri average of $194,908.
The average cost of rent is $705/mo in Montgomery City, primarily driven by the current value of real estate in the Montgomery City area. While nearly 49.99% of residents own their homes outright in Montgomery City, 30.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montgomery City is $4,848 per month. Households that rent pay about 14.54% of their income on rent here. Montgomery City's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Danville, MO: higher priced homes
- Wellsville, MO: less expensive homes
- New Florence, MO: equally priced homes
- Mineola, MO: equally priced homes
- High Hill, MO: higher priced homes
- Bellflower, MO: less expensive homes
- Gamma, MO: higher priced homes
- Martinsburg, MO: equally priced homes
- Big Spring, MO: equally priced homes
- Jonesburg, MO: higher priced homes
Cities with Similar Populations
- Hampton, SC: equally priced homes
- Myrtle, MS: equally priced homes
- Mooreville, MS: equally priced homes
- Robins, IA: higher priced homes
- South Jacksonville, IL: less expensive homes
- Brandon, VT: higher priced homes
- Wilton, IA: equally priced homes
- Dunean, SC: less expensive homes
- Germanton, NC: higher priced homes
- Mount Bethel, PA: higher priced homes
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