
Affordable
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These days, finding an affordable place to live in the Sumatra area can be challenging. Home prices in Sumatra are now at a median cost of $285,881, lower than the Montana average of $409,886.
The average cost of rent is $885/mo in Sumatra, primarily driven by the current value of real estate in the Sumatra area. In Sumatra, 24.73% of households rent, and 67.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sumatra is $5,185 per month. Households that rent pay about 17.06% of their income on rent here. Sumatra’s most expensive areas are in the southern regions, while the cheapest areas are in the northern 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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Cities with Similar Populations
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