The Most Affordable Neighborhoods in Montgomery County, NC by Home Value

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 $184,970, lower than the North Carolina average of $323,314.

The average cost of rent is $789/mo in Montgomery County, primarily driven by the current value of real estate in the Montgomery County area. In Montgomery County, 25.01% of households rent, and 55.53% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Montgomery County is $4,950 per month. Households that rent pay about 15.93% of their income on rent here. Montgomery County’s most expensive areas are in the western 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.

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