Expensive
Affordable
Affordable
Colorblind friendly
off
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 $182,836, lower than the Kentucky average of $219,615.
The average cost of rent is $745/mo in Montgomery, primarily driven by the current value of real estate in the Montgomery area. In Montgomery, 42.53% of households rent, and 31.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Montgomery is $4,719 per month. Households that rent pay about 15.79% of their income on rent here. Montgomery’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wallonia, KY: less expensive homes
- Roaring Spring, KY: higher priced homes
- Caledonia, KY: higher priced homes
- Cadiz, KY: equally priced homes
- Gracey, KY: higher priced homes
- Trigg Furnace, KY: higher priced homes
- Newstead, KY: higher priced homes
- Hopson, KY: equally priced homes
- Julien, KY: higher priced homes
- Peedee, KY: less expensive homes
Cities with Similar Populations
- Sunnyside, UT: less expensive homes
- Fort Apache Junction, AZ: less expensive homes
- Fortsonia, GA: equally priced homes
- Fowlstown, GA: less expensive homes
- Francktown, NC: higher priced homes
- Frazier, GA: less expensive homes
- Freeburn, KY: less expensive homes
- Freedom, WI: higher priced homes
- Frog Jump, TN: less expensive homes
- Gainestown, AL: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood