The Most Affordable Neighborhoods in Silver Gate, MT by Home Value

 

Silver Gate, MT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Silver Gate area can be challenging. Home prices in Silver Gate are now at a median cost of $525,179, higher than the Montana average of $298,413.

The average cost of rent is $832/mo in Silver Gate, primarily driven by the current value of real estate in the Silver Gate area. While nearly 51.81% of residents own their homes outright in Silver Gate, 30.07% rent.

Housing affordability isn’t just about home prices, though. The average household income in Silver Gate is $6,033 per month. Households that rent pay about 13.79% of their income on rent here. Silver Gate's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.


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