Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Montreat area can be challenging. Home prices in Montreat are now at a median cost of $260,866, higher than the North Carolina average of $226,477.
The average cost of rent is $1,205/mo in Montreat, primarily driven by the current value of real estate in the Montreat area. While nearly 36.57% of residents own their homes outright in Montreat, 26.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montreat is $5,269 per month. Households that rent pay about 22.88% of their income on rent here. Montreat's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Graphite, NC: less expensive homes
- Black Mountain, NC: equally priced homes
- Ridgecrest, NC: equally priced homes
- Summerhaven, NC: equally priced homes
- Swannanoa, NC: less expensive homes
- Old Fort, NC: less expensive homes
- Dillingham, NC: less expensive homes
- Greenlee, NC: less expensive homes
- Moffitt Hill, NC: less expensive homes
- Busick, NC: less expensive homes
Cities with Similar Populations
- Henefer, UT: higher priced homes
- Gutches Grove, MN: less expensive homes
- Hackneyville, AL: less expensive homes
- Hamburg, WI: less expensive homes
- Hampton, PA: less expensive homes
- Harrington, GA: higher priced homes
- Hawkins, MI: less expensive homes
- Hebron, MS: less expensive homes
- Helen, GA: less expensive homes
- Grubville, MO: less expensive homes
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