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 $195,131, lower than the Tennessee average of $218,916.
The average cost of rent is $1,129/mo in Montgomery County, primarily driven by the current value of real estate in the Montgomery County area. While nearly 31.83% of residents own their homes outright in Montgomery County, 38.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montgomery County is $5,795 per month. Households that rent pay about 19.48% of their income on rent here. Montgomery County's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the county.
Nearby Counties
- Stewart County, TN: less expensive homes
- Robertson County, TN: higher priced homes
- Calloway County, KY: less expensive homes
- Macon County, TN: less expensive homes
- Hickman County, KY: less expensive homes
- Fulton County, KY: less expensive homes
- Clay County, TN: less expensive homes
- Pickett County, TN: equally priced homes
- New Madrid County, MO: less expensive homes
- Scott County, TN: less expensive homes
Counties with Similar Populations
- Elkhart County, IN: less expensive homes
- Sangamon County, IL: less expensive homes
- San Luis Obispo County, CA: higher priced homes
- Lake County, OH: equally priced homes
- Kitsap County, WA: higher priced homes
- Kalamazoo County, MI: equally priced homes
- Johnston County, NC: equally priced homes
- Jefferson County, TX: less expensive homes
- Gloucester County, NJ: higher priced homes
- Gaston County, NC: equally priced homes
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