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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 $192,555, lower than the Ohio average of $236,816.
The average cost of rent is $1,145/mo in Montgomery County, primarily driven by the current value of real estate in the Montgomery County area. In Montgomery County, 37.54% of households rent, and 40.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Montgomery County is $6,441 per month. Households that rent pay about 17.78% of their income on rent here. Montgomery County’s most expensive areas are in the southern 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
- Greene County, OH: higher priced homes
- Preble County, OH: equally priced homes
- Union County, IN: less expensive homes
- Wayne County, IN: less expensive homes
- Fayette County, IN: less expensive homes
- Pickaway County, OH: higher priced homes
- Rush County, IN: equally priced homes
- Fairfield County, OH: higher priced homes
- Hancock County, IN: higher priced homes
- Marion County, IN: higher priced homes
Counties with Similar Populations
- Guilford County, NC: higher priced homes
- Ramsey County, MN: higher priced homes
- Pasco County, FL: higher priced homes
- Ocean County, NJ: higher priced homes
- New Castle County, DE: higher priced homes
- Montgomery County, TX: higher priced homes
- Lancaster County, PA: higher priced homes
- Spokane County, WA: higher priced homes
- Johnson County, KS: higher priced homes
- Stanislaus County, CA: higher priced homes
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