The Most Affordable Neighborhoods in Otter, MT by Home Value

 

Otter, MT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Otter area can be challenging. Home prices in Otter are now at a median cost of $126,910, lower than the Montana average of $298,413.

The average cost of rent is $1,021/mo in Otter, primarily driven by the current value of real estate in the Otter area. While nearly 84.63% of residents own their homes outright in Otter, 29.60% rent.

Housing affordability isn’t just about home prices, though. The average household income in Otter is $4,153 per month. Households that rent pay about 24.57% of their income on rent here. Otter's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.


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