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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 $152,531, lower than the Arkansas average of $207,061.
The average cost of rent is $664/mo in Montgomery County, primarily driven by the current value of real estate in the Montgomery County area. In Montgomery County, 19.43% of households rent, and 68.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Montgomery County is $4,378 per month. Households that rent pay about 15.16% of their income on rent here. Montgomery County’s most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Garland County, AR: higher priced homes
- Polk County, AR: equally priced homes
- Saline County, AR: higher priced homes
- Arkansas County, AR: less expensive homes
- Coal County, OK: less expensive homes
- Phillips County, AR: less expensive homes
- Murray County, OK: equally priced homes
- Tate County, MS: higher priced homes
- Stephens County, OK: less expensive homes
- Union County, MS: higher priced homes
Counties with Similar Populations
- Sheridan County, KS: higher priced homes
- Franklin County, FL: higher priced homes
- Franklin County, IA: less expensive homes
- Seward County, NE: higher priced homes
- Shackelford County, TX: higher priced homes
- Shannon County, MO: equally priced homes
- Sharkey County, MS: less expensive homes
- Sharp County, AR: less expensive homes
- Shelby County, IA: higher priced homes
- Shelby County, MO: less expensive homes
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