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These days, finding an affordable place to live in the Perma area can be challenging. Home prices in Perma are now at a median cost of $303,982, lower than the Montana average of $409,886.
The average cost of rent is $824/mo in Perma, primarily driven by the current value of real estate in the Perma area. In Perma, 24.82% of households rent, and 59.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Perma is $4,428 per month. Households that rent pay about 18.60% of their income on rent here. Perma’s most expensive areas are in the southwestern 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
- Paradise, MT: higher priced homes
- Dixon, MT: less expensive homes
- Plains, MT: higher priced homes
- Moiese, MT: less expensive homes
- Stark, MT: higher priced homes
- Superior, MT: higher priced homes
- Hot Springs, MT: less expensive homes
- St. Regis, MT: higher priced homes
- Charlo, MT: higher priced homes
- Tarkio, MT: higher priced homes
Cities with Similar Populations
- Sigsbee, MO: less expensive homes
- Lisbon, MO: less expensive homes
- Lockwood, KY: less expensive homes
- Lodi, IN: less expensive homes
- Long Island, AL: less expensive homes
- Lumber City, PA: less expensive homes
- Sheridan, PA: less expensive homes
- Shields, IN: higher priced homes
- Shinewell, OK: less expensive homes
- Shumans, PA: less expensive homes
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