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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 $114,497, lower than the West Virginia average of $177,366.
The average cost of rent is $677/mo in Montgomery, primarily driven by the current value of real estate in the Montgomery area. In Montgomery, 52.77% of households rent, and 63.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Montgomery is $3,129 per month. Households that rent pay about 21.64% of their income on rent here. Montgomery’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Smithers, WV: less expensive homes
- Cannelton, WV: less expensive homes
- Handley, WV: less expensive homes
- Montgomery Heights, WV: less expensive homes
- London, WV: less expensive homes
- Boomer, WV: less expensive homes
- Hugheston, WV: less expensive homes
- Mount Carbon, WV: higher priced homes
- Pratt, WV: less expensive homes
- Hansford, WV: less expensive homes
Cities with Similar Populations
- Mount Morris, PA: higher priced homes
- Little Black, WI: higher priced homes
- Loveville, MD: higher priced homes
- Mangum, MI: higher priced homes
- McCool, MS: less expensive homes
- McNeal, AZ: higher priced homes
- Miltona, MN: higher priced homes
- Morning Sun, IA: higher priced homes
- Moscow, OH: higher priced homes
- Lindsey, OH: higher priced homes
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