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These days, finding an affordable place to live in the Shawmut area can be challenging. Home prices in Shawmut are now at a median cost of $189,722, lower than the Montana average of $409,886.
The average cost of rent is $736/mo in Shawmut, primarily driven by the current value of real estate in the Shawmut area. In Shawmut, 24.41% of households rent, and 60.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shawmut is $4,662 per month. Households that rent pay about 15.78% of their income on rent here. Shawmut’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
- Ryegate, MT: higher priced homes
- Harlowton, MT: equally priced homes
- Cushman, MT: higher priced homes
- Judith Gap, MT: higher priced homes
- Twodot, MT: equally priced homes
- Lavina, MT: higher priced homes
- Rapelje, MT: higher priced homes
- Melville, MT: higher priced homes
- Buffalo, MT: higher priced homes
- Straw, MT: higher priced homes
Cities with Similar Populations
- Weston, IL: higher priced homes
- Concrete, TX: less expensive homes
- Cooperdale, OH: equally priced homes
- Copper Harbor, MI: higher priced homes
- Corinth, AR: less expensive homes
- Cougar, WA: higher priced homes
- Crandall, MS: equally priced homes
- Cream Hill, VT: higher priced homes
- Cucumber, WV: less expensive homes
- Cusson, MN: less expensive homes
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