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Affordable
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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 $640,237, higher than the Montana average of $409,886.
The average cost of rent is $580/mo in Silver Gate, primarily driven by the current value of real estate in the Silver Gate area. In Silver Gate, 28.87% of households rent, and 66.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Silver Gate is $5,516 per month. Households that rent pay about 10.51% of their income on rent here. Silver Gate’s most expensive areas are in the northwestern 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
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