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 $115,914, lower than the Kentucky average of $164,895.
The average cost of rent is $592/mo in Montgomery, primarily driven by the current value of real estate in the Montgomery area. While nearly 34.20% of residents own their homes outright in Montgomery, 45.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montgomery is $3,726 per month. Households that rent pay about 15.89% of their income on rent here. Montgomery's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Wallonia, KY: less expensive homes
- Roaring Spring, KY: higher priced homes
- Caledonia, KY: higher priced homes
- Cadiz, KY: higher priced homes
- Gracey, KY: higher priced homes
- Trigg Furnace, KY: higher priced homes
- Newstead, KY: higher priced homes
- Hopson, KY: higher priced homes
- Julien, KY: higher priced homes
- Peedee, KY: higher priced homes
Cities with Similar Populations
- Sunnyside, UT: less expensive homes
- Fort Apache Junction, AZ: less expensive homes
- Fortsonia, GA: less expensive homes
- Fowlstown, GA: less expensive homes
- Francktown, NC: higher priced homes
- Frazier, GA: higher priced homes
- Freeburn, KY: less expensive homes
- Freedom, WI: higher priced homes
- Frog Jump, TN: less expensive homes
- Gainestown, AL: less expensive homes
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