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These days, finding an affordable place to live in the Montongo area can be challenging. Home prices in Montongo are now at a median cost of $120,373, lower than the Arkansas average of $207,061.
The average cost of rent is $811/mo in Montongo, primarily driven by the current value of real estate in the Montongo area. In Montongo, 14.77% of households rent, and 55.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Montongo is $5,683 per month. Households that rent pay about 14.28% of their income on rent here. Montongo’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Tennessee, AR: higher priced homes
- Monticello, AR: higher priced homes
- Relfs Bluff, AR: higher priced homes
- Florence, AR: less expensive homes
- Wilmar, AR: higher priced homes
- Pansy, AR: higher priced homes
- Garrett Bridge, AR: higher priced homes
- Herbine, AR: higher priced homes
- Selma, AR: less expensive homes
- Rye, AR: higher priced homes
Cities with Similar Populations
- Jardin, TX: higher priced homes
- Star City, MO: higher priced homes
- Stacer, IN: higher priced homes
- St. Augustine, IL: less expensive homes
- Springtown, IN: higher priced homes
- Spring Grove, IN: higher priced homes
- Southworth, OH: higher priced homes
- Jupiter Island, FL: higher priced homes
- Jewell, TN: equally priced homes
- Jesse, WV: less expensive homes
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