Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Summit area can be challenging. Home prices in Summit are now at a median cost of $212,734, lower than the Montana average of $298,413.
The average cost of rent is $782/mo in Summit, primarily driven by the current value of real estate in the Summit area. While nearly 65.18% of residents own their homes outright in Summit, 15.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Summit is $3,373 per month. Households that rent pay about 23.20% of their income on rent here. Summit's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Essex, MT: higher priced homes
- East Glacier Park, MT: less expensive homes
- Starr School, MT: less expensive homes
- Browning, MT: less expensive homes
- Heart Butte, MT: less expensive homes
- Martin City, MT: higher priced homes
- West Glacier, MT: higher priced homes
- Coram, MT: higher priced homes
- Hungry Horse, MT: higher priced homes
- Swan Lake, MT: higher priced homes
Cities with Similar Populations
- Lennep, MT: less expensive homes
- La Reforma, TX: less expensive homes
- Lake Almanor, CA: higher priced homes
- Lake Cicott, IN: less expensive homes
- Lake Dick, AR: less expensive homes
- Lake Jackson Farms, TX: higher priced homes
- Lake Minchumina, AK: less expensive homes
- Lake Shangrila, WI: equally priced homes
- Lambert, OK: less expensive homes
- Lanesport, AR: less expensive homes
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