The Most Affordable Neighborhoods in Shepherd, MT by Home Value

 

Shepherd, MT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Shepherd area can be challenging. Home prices in Shepherd are now at a median cost of $278,836, lower than the Montana average of $298,413.

The average cost of rent is $980/mo in Shepherd, primarily driven by the current value of real estate in the Shepherd area. While nearly 45.12% of residents own their homes outright in Shepherd, 15.70% rent.

Housing affordability isn’t just about home prices, though. The average household income in Shepherd is $5,130 per month. Households that rent pay about 19.11% of their income on rent here. Shepherd's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.


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