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 $331,606, higher than the Virginia average of $323,261.
The average cost of rent is $920/mo in Montpelier, primarily driven by the current value of real estate in the Montpelier area. While nearly 25.51% of residents own their homes outright in Montpelier, 12.27% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montpelier is $7,026 per month. Households that rent pay about 13.09% of their income on rent here. Montpelier's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Locust Creek, VA: less expensive homes
- Rockville, VA: higher priced homes
- Beaverdam, VA: equally priced homes
- Dabneys, VA: less expensive homes
- Hewlett, VA: equally priced homes
- Gum Tree, VA: higher priced homes
- North Anna, VA: equally priced homes
- Verdon, VA: equally priced homes
- Bumpass, VA: equally priced homes
- Shelfar, VA: less expensive homes
Cities with Similar Populations
- Ronan, MT: less expensive homes
- Indian River Estates, FL: less expensive homes
- Ingram, TX: less expensive homes
- Inola, OK: less expensive homes
- Interlochen, MI: less expensive homes
- Inverness Highlands South, FL: less expensive homes
- Inwood, FL: less expensive homes
- Resaca, GA: less expensive homes
- Rindge, NH: less expensive homes
- Riverdale, CA: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood