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 $137,692, lower than the Indiana average of $175,617.
The average cost of rent is $783/mo in Montgomery County, primarily driven by the current value of real estate in the Montgomery County area. While nearly 32.67% of residents own their homes outright in Montgomery County, 24.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montgomery County is $5,053 per month. Households that rent pay about 15.50% of their income on rent here. Montgomery County's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the county.
Nearby Counties
- Fountain County, IN: less expensive homes
- Boone County, IN: higher priced homes
- Vermilion County, IL: less expensive homes
- Hamilton County, IN: higher priced homes
- Madison County, IN: less expensive homes
- Champaign County, IL: higher priced homes
- Henry County, IN: less expensive homes
- Piatt County, IL: higher priced homes
- Randolph County, IN: less expensive homes
- De Witt County, IL: less expensive homes
Counties with Similar Populations
- Shenandoah County, VA: higher priced homes
- Fannin County, TX: higher priced homes
- Fayette County, OH: equally priced homes
- Fayette County, TN: higher priced homes
- Fayette County, WV: less expensive homes
- Finney County, KS: higher priced homes
- Floyd County, KY: less expensive homes
- Ford County, KS: less expensive homes
- Franklin County, NY: equally priced homes
- Franklin County, TN: higher priced homes
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