Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Montgomery area can be challenging. Home prices in Montgomery are now at a median cost of $170,900, lower than the Georgia average of $231,203.
The average cost of rent is $1,693/mo in Montgomery, primarily driven by the current value of real estate in the Montgomery area. While nearly 77.44% of residents own their homes outright in Montgomery, 29.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montgomery is $4,224 per month. Households that rent pay about 40.08% of their income on rent here. Montgomery's most expensive areas are in the northeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Vernonburg, GA: higher priced homes
- Skidaway Island, GA: higher priced homes
- Isle of Hope, GA: higher priced homes
- Savannah, GA: higher priced homes
- Thunderbolt, GA: higher priced homes
- Fort McAllister, GA: higher priced homes
- Whitemarsh Island, GA: higher priced homes
- Wilmington Island, GA: higher priced homes
- Rabbit Hill, GA: higher priced homes
- Garden City, GA: less expensive homes
Cities with Similar Populations
- Thatcher, UT: higher priced homes
- Ewing, IL: less expensive homes
- Ewing, NE: less expensive homes
- Fannettsburg, PA: equally priced homes
- Farmington, GA: higher priced homes
- Fountain Lake, AR: higher priced homes
- Friedensburg, PA: higher priced homes
- St. Johns, NC: less expensive homes
- St. Johns Park, FL: less expensive homes
- Surfside Beach, TX: higher priced homes
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