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These days, finding an affordable place to live in the Potomac area can be challenging. Home prices in Potomac are now at a median cost of $568,777, higher than the Montana average of $409,886.
The average cost of rent is $805/mo in Potomac, primarily driven by the current value of real estate in the Potomac area. In Potomac, 7.91% of households rent, and 39.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Potomac is $6,141 per month. Households that rent pay about 13.12% of their income on rent here. Potomac’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Piltzville, MT: less expensive homes
- Twin Creeks, MT: equally priced homes
- Bonner, MT: equally priced homes
- Clinton, MT: less expensive homes
- Ravenna, MT: less expensive homes
- Greenough, MT: less expensive homes
- Milltown, MT: less expensive homes
- Turah, MT: less expensive homes
- Woodworth, MT: less expensive homes
- Drummond, MT: less expensive homes
Cities with Similar Populations
- Whisler, OH: less expensive homes
- Bridgewater, PA: less expensive homes
- Bridgewater, SD: less expensive homes
- Bruno, WV: less expensive homes
- Bryant, SD: less expensive homes
- Burden, KS: less expensive homes
- Butte Falls, OR: less expensive homes
- Cedar Hill, NM: less expensive homes
- Centerville, VA: less expensive homes
- Chadwick, MO: less expensive homes
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