Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Reed Point area can be challenging. Home prices in Reed Point are now at a median cost of $455,360, higher than the Montana average of $409,886.
The average cost of rent is $878/mo in Reed Point, primarily driven by the current value of real estate in the Reed Point area. In Reed Point, 13.98% of households rent, and 48.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Reed Point is $7,931 per month. Households that rent pay about 11.07% of their income on rent here. Reed Point’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Columbus, MT: less expensive homes
- Absarokee, MT: less expensive homes
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- Big Timber, MT: less expensive homes
- Roscoe, MT: higher priced homes
- Boyd, MT: higher priced homes
- Limestone, MT: equally priced homes
Cities with Similar Populations
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