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 $117,030, lower than the Ohio average of $181,280.
The average cost of rent is $696/mo in Montpelier, primarily driven by the current value of real estate in the Montpelier area. While nearly 46.19% of residents own their homes outright in Montpelier, 19.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montpelier is $4,742 per month. Households that rent pay about 14.67% of their income on rent here. Montpelier's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Holiday City, OH: higher priced homes
- Bridgewater Center, OH: higher priced homes
- Hallock, OH: higher priced homes
- Pioneer, OH: equally priced homes
- Kunkle, OH: less expensive homes
- Edon, OH: equally priced homes
- Blakeslee, OH: higher priced homes
- Nettle Lake, OH: equally priced homes
- Pulaski, OH: higher priced homes
- Melbern, OH: higher priced homes
Cities with Similar Populations
- Roeland Park, KS: higher priced homes
- Iola, KS: less expensive homes
- Ione, CA: higher priced homes
- Iowa Colony, TX: higher priced homes
- Iron Station, NC: higher priced homes
- Jasper, FL: equally priced homes
- Jay, OK: equally priced homes
- Rib Mountain, WI: higher priced homes
- Richlands, VA: higher priced homes
- Ringoes, NJ: higher priced homes
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