Home Price Key
Affordable
Average
Expensive
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 $101,804, lower than the Illinois average of $242,002.
The average cost of rent is $723/mo in Montgomery County, primarily driven by the current value of real estate in the Montgomery County area. While nearly 46.83% of residents own their homes outright in Montgomery County, 23.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montgomery County is $5,252 per month. Households that rent pay about 13.77% of their income on rent here. Montgomery County's most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the county.
Nearby Counties
- Macoupin County, IL: higher priced homes
- Jersey County, IL: higher priced homes
- Effingham County, IL: higher priced homes
- Calhoun County, IL: higher priced homes
- Cumberland County, IL: higher priced homes
- Jasper County, IL: higher priced homes
- Crawford County, IL: higher priced homes
- Sullivan County, IN: equally priced homes
- Audrain County, MO: equally priced homes
- Greene County, IN: higher priced homes
Counties with Similar Populations
- Fluvanna County, VA: higher priced homes
- Geary County, KS: higher priced homes
- Seminole County, OK: less expensive homes
- Scott County, IN: higher priced homes
- Yadkin County, NC: higher priced homes
- Franklin County, KS: higher priced homes
- Franklin County, IN: higher priced homes
- Franklin County, IL: less expensive homes
- Saline County, IL: equally priced homes
- Franklin County, AL: higher priced homes
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