Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Montmorenci area can be challenging. Home prices in Montmorenci are now at a median cost of $200,300, higher than the Indiana average of $175,617.
The average cost of rent is $833/mo in Montmorenci, primarily driven by the current value of real estate in the Montmorenci area. While nearly 41.70% of residents own their homes outright in Montmorenci, 13.25% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montmorenci is $5,313 per month. Households that rent pay about 15.68% of their income on rent here. Montmorenci's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Otterbein, IN: less expensive homes
- Cairo, IN: equally priced homes
- West Lafayette, IN: higher priced homes
- Templeton, IN: less expensive homes
- Ravinamy, IN: less expensive homes
- Westpoint, IN: equally priced homes
- Shadeland, IN: less expensive homes
- Oxford, IN: less expensive homes
- Independence, IN: less expensive homes
- Battle Ground, IN: equally priced homes
Cities with Similar Populations
- Simoda, WV: less expensive homes
- Listonburg, PA: less expensive homes
- Little Marais, MN: equally priced homes
- Logansport, IA: less expensive homes
- Lorado, WV: less expensive homes
- Shelltown, MD: less expensive homes
- Shiloh, TN: less expensive homes
- Shock, WV: less expensive homes
- Shortsville, PA: less expensive homes
- Siberia, IN: less expensive homes
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