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These days, finding an affordable place to live in the Thompson Falls area can be challenging. Home prices in Thompson Falls are now at a median cost of $314,857, lower than the Montana average of $409,886.
The average cost of rent is $616/mo in Thompson Falls, primarily driven by the current value of real estate in the Thompson Falls area. In Thompson Falls, 14.91% of households rent, and 56.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Thompson Falls is $5,063 per month. Households that rent pay about 12.16% of their income on rent here. Thompson Falls’s most expensive areas are in the northeastern 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
- White Pine, MT: higher priced homes
- Saltese, MT: equally priced homes
- DeBorgia, MT: equally priced homes
- Haugan, MT: higher priced homes
- Trout Creek, MT: higher priced homes
- Plains, MT: higher priced homes
- Murray, ID: higher priced homes
- Mullan, ID: less expensive homes
- Larchwood, MT: higher priced homes
- Gem, ID: equally priced homes
Cities with Similar Populations
- Babson Park, FL: less expensive homes
- Balcones Heights, TX: less expensive homes
- Baltic, CT: less expensive homes
- Bow, WA: higher priced homes
- Breezy Point, MN: higher priced homes
- Bristolville, OH: less expensive homes
- Cayucos, CA: higher priced homes
- Centreville, MI: less expensive homes
- Clarksboro, NJ: higher priced homes
- Coats Crossroads, NC: equally priced homes
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