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These days, finding an affordable place to live in the Townsend area can be challenging. Home prices in Townsend are now at a median cost of $424,910, higher than the Montana average of $409,886.
The average cost of rent is $999/mo in Townsend, primarily driven by the current value of real estate in the Townsend area. In Townsend, 18.09% of households rent, and 32.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Townsend is $6,193 per month. Households that rent pay about 16.13% of their income on rent here. Townsend’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Radersburg, MT: higher priced homes
- Toston, MT: higher priced homes
- Winston, MT: higher priced homes
- Ponderosa Pines, MT: higher priced homes
- Maudlow, MT: higher priced homes
- Montana City, MT: higher priced homes
- East Helena, MT: equally priced homes
- Jefferson City, MT: equally priced homes
- Clancy, MT: higher priced homes
- Trident, MT: higher priced homes
Cities with Similar Populations
- Luttrell, TN: less expensive homes
- Afton, WY: less expensive homes
- Juliette, GA: less expensive homes
- Conrad, MT: less expensive homes
- Mazomanie, WI: less expensive homes
- Limon, CO: less expensive homes
- Montura, FL: less expensive homes
- Beaverdam, VA: equally priced homes
- Hillsboro, KS: less expensive homes
- Cabool, MO: less expensive homes
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