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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 $134,738, lower than the Iowa average of $226,062.
The average cost of rent is $844/mo in Montgomery County, primarily driven by the current value of real estate in the Montgomery County area. In Montgomery County, 30.86% of households rent, and 48.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Montgomery County is $5,621 per month. Households that rent pay about 15.01% of their income on rent here. Montgomery County’s most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Adams County, IA: equally priced homes
- Mills County, IA: higher priced homes
- Union County, IA: equally priced homes
- Sarpy County, NE: higher priced homes
- Cass County, NE: higher priced homes
- Clarke County, IA: higher priced homes
- Saunders County, NE: higher priced homes
- Lucas County, IA: less expensive homes
- Monroe County, IA: higher priced homes
- Polk County, NE: higher priced homes
Counties with Similar Populations
- Sherman County, OR: higher priced homes
- Fisher County, TX: less expensive homes
- Fleming County, KY: equally priced homes
- Florence County, WI: higher priced homes
- Florida Municipio, PR: less expensive homes
- Floyd County, IA: equally priced homes
- Floyd County, TX: less expensive homes
- Sheridan County, NE: less expensive homes
- Sherman County, KS: equally priced homes
- Sherman County, NE: higher priced homes
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