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These days, finding an affordable place to live in the New Chicago area can be challenging. Home prices in New Chicago are now at a median cost of $360,442, lower than the Montana average of $409,886.
The average cost of rent is $679/mo in New Chicago, primarily driven by the current value of real estate in the New Chicago area. In New Chicago, 21.54% of households rent, and 62.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Chicago is $4,987 per month. Households that rent pay about 13.62% of their income on rent here. New Chicago’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Drummond, MT: equally priced homes
- Stone, MT: equally priced homes
- Gold Creek, MT: higher priced homes
- Maxville, MT: equally priced homes
- Hall, MT: equally priced homes
- Ravenna, MT: equally priced homes
- Garrison, MT: higher priced homes
- Helmville, MT: higher priced homes
- Philipsburg, MT: equally priced homes
- Racetrack, MT: less expensive homes
Cities with Similar Populations
- Fairmont, OK: less expensive homes
- Echo, NC: less expensive homes
- Edwall, WA: less expensive homes
- Eighty Eight, KY: less expensive homes
- El Paso, WI: equally priced homes
- El Portal, CA: less expensive homes
- El Verano, CA: higher priced homes
- Elba, NE: less expensive homes
- Ellery Center, NY: less expensive homes
- Ellsworth, IL: less expensive homes
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