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Affordable
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These days, finding an affordable place to live in the Wise River area can be challenging. Home prices in Wise River are now at a median cost of $326,981, lower than the Montana average of $409,886.
The average cost of rent is $749/mo in Wise River, primarily driven by the current value of real estate in the Wise River area. In Wise River, 22.02% of households rent, and 66.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wise River is $5,421 per month. Households that rent pay about 13.82% of their income on rent here. Wise River’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
- Anaconda-Deer Lodge County, MT: higher priced homes
- Divide, MT: higher priced homes
- Feely, MT: higher priced homes
- Melrose, MT: equally priced homes
- Crackerville, MT: higher priced homes
- Opportunity, MT: less expensive homes
- Nissler, MT: higher priced homes
- Ramsay, MT: higher priced homes
- Anaconda, MT: less expensive homes
- Wisdom, MT: equally priced homes
Cities with Similar Populations
- Dundee, MN: less expensive homes
- Swiss Alp, TX: equally priced homes
- Sulphur Springs, OH: less expensive homes
- Struble, IA: less expensive homes
- Stringtown, IA: less expensive homes
- Edwardsville, VA: less expensive homes
- Eaton, ID: higher priced homes
- Eagle Harbor, MD: higher priced homes
- Eagarville, IL: less expensive homes
- Dyer Brook, ME: less expensive homes
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