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Affordable
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These days, finding an affordable place to live in the Olney area can be challenging. Home prices in Olney are now at a median cost of $510,737, higher than the Montana average of $409,886.
The average cost of rent is $833/mo in Olney, primarily driven by the current value of real estate in the Olney area. In Olney, 18.00% of households rent, and 58.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Olney is $4,987 per month. Households that rent pay about 16.70% of their income on rent here. Olney’s most expensive areas are in the southeastern 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
- Whitefish, MT: higher priced homes
- Stryker, MT: less expensive homes
- Halfmoon, MT: higher priced homes
- Northridge Heights, MT: higher priced homes
- Trego, MT: less expensive homes
- Columbia Falls, MT: equally priced homes
- La Salle, MT: less expensive homes
- Evergreen, MT: less expensive homes
- Kalispell, MT: equally priced homes
- Hungry Horse, MT: less expensive homes
Cities with Similar Populations
- Sadorus, IL: less expensive homes
- Junction, OH: less expensive homes
- Justice, NC: less expensive homes
- Kansas, OH: less expensive homes
- Kerr, AR: less expensive homes
- Kimball, WV: less expensive homes
- Kinards, SC: less expensive homes
- Kingdom City, MO: less expensive homes
- Kingfield, TN: equally priced homes
- Kingsbury, NY: less expensive homes
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