Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Morgan area can be challenging. Home prices in Morgan are now at a median cost of $169,000, lower than the Montana average of $298,413.
The average cost of rent is $303/mo in Morgan, primarily driven by the current value of real estate in the Morgan area. While nearly 58.33% of residents own their homes outright in Morgan, 23.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morgan is $4,922 per month. Households that rent pay about 6.16% of their income on rent here. Morgan's most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Loring, MT: equally priced homes
- Chapman, MT: equally priced homes
- Whitewater, MT: equally priced homes
- Turner, MT: less expensive homes
- Saco, MT: equally priced homes
- Wagner, MT: equally priced homes
- Hogeland, MT: less expensive homes
- Malta, MT: less expensive homes
- Dodson, MT: equally priced homes
- Savoy, MT: less expensive homes
Cities with Similar Populations
- Samuels, ID: higher priced homes
- Mayos Crossroads, NC: less expensive homes
- McCall, IL: less expensive homes
- Melbourne, WA: higher priced homes
- Rustic, CO: higher priced homes
- Sabot, VA: higher priced homes
- Sage, WY: less expensive homes
- Salt Run, OH: less expensive homes
- Samaria, ID: higher priced homes
- Sammonsville, NY: equally priced homes
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