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These days, finding an affordable place to live in the Montgomery County area can be challenging. Home prices in Montgomery County are now at a median cost of $194,017, lower than the Alabama average of $228,911.
The average cost of rent is $1,232/mo in Montgomery County, primarily driven by the current value of real estate in the Montgomery County area. In Montgomery County, 42.24% of households rent, and 43.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Montgomery County is $5,576 per month. Households that rent pay about 22.10% of their income on rent here. Montgomery County’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Macon County, AL: less expensive homes
- Dallas County, AL: less expensive homes
- Russell County, AL: less expensive homes
- Muscogee County, GA: equally priced homes
- Chattahoochee County, GA: less expensive homes
- Marengo County, AL: less expensive homes
- Marion County, GA: less expensive homes
- Schley County, GA: less expensive homes
- Macon County, GA: less expensive homes
- Lauderdale County, MS: less expensive homes
Counties with Similar Populations
- Greene County, MO: higher priced homes
- Richmond County, GA: equally priced homes
- Richmond City, VA: higher priced homes
- Racine County, WI: higher priced homes
- Onslow County, NC: higher priced homes
- Lubbock County, TX: higher priced homes
- Lorain County, OH: higher priced homes
- Lexington County, SC: higher priced homes
- Leon County, FL: higher priced homes
- Lancaster County, NE: higher priced homes
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