Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Montpelier area can be challenging. Home prices in Montpelier are now at a median cost of $154,644, lower than the Idaho average of $281,471.
The average cost of rent is $549/mo in Montpelier, primarily driven by the current value of real estate in the Montpelier area. While nearly 39.19% of residents own their homes outright in Montpelier, 24.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montpelier is $4,989 per month. Households that rent pay about 11.01% of their income on rent here. Montpelier's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Bern, ID: equally priced homes
- Ovid, ID: equally priced homes
- Wardboro, ID: higher priced homes
- Liberty, ID: equally priced homes
- Paris, ID: higher priced homes
- Dingle, ID: higher priced homes
- Sharon, ID: equally priced homes
- Bloomington, ID: higher priced homes
- Georgetown, ID: higher priced homes
- Geneva, ID: higher priced homes
Cities with Similar Populations
- Cliffwood, NJ: higher priced homes
- Grantsville, MD: equally priced homes
- Fiskdale, MA: higher priced homes
- Eunice, NM: less expensive homes
- Crouse, NC: less expensive homes
- Canajoharie, NY: less expensive homes
- Borrego Springs, CA: higher priced homes
- Blue Springs, MS: less expensive homes
- Bergheim, TX: higher priced homes
- Oak Ridge North, TX: higher priced homes
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