The Most Affordable Neighborhoods in Three Forks, MT by Home Value

 

Three Forks, MT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Three Forks area can be challenging. Home prices in Three Forks are now at a median cost of $455,568, higher than the Montana average of $409,886.

The average cost of rent is $1,262/mo in Three Forks, primarily driven by the current value of real estate in the Three Forks area. In Three Forks, 17.06% of households rent, and 50.43% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Three Forks is $6,227 per month. Households that rent pay about 20.26% of their income on rent here. Three Forks’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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