Much like its nearby areas, it is substantially less expensive compared to the nation as a whole. Compared to the city of Meridian, it is close to average.
Home prices
The median home value in Butler is $79,500. This is about $3,320 (4%) higher compared to the surrounding areas.In comparison to the country as a whole it is roughly $138,000 (63%) lower, and in comparison to the city of Meridian it is approximately $3,800 (4%) lower.
Rents
Butler's median monthly rent is $491. In comparison to nearby areas this is about $147 (23%) lower.In comparison to the United States as a whole it is roughly $571 (53%) lower, and compared to the city of Meridian is approximately $237 (32%) lower.
Nearby places
Lisman
Lisman is roughly 7 miles northwest from Butler. Its housing prices are a little less expensive. The median home in Lisman costs $66,900, which is $12,600 (18%) lower than Butler. The rent there is a lot more expensive. In Lisman the median rent is $745 per month, which is $254 (34%) higher than Butler.
Pennington
Pennington is approximately 11 miles northeast of Butler. Its real estate prices are a lot less expensive. The median home value in Pennington is $48,300, which works out to $31,200 (64%) lower than Butler. Its rents are a bit more expensive. In Pennington the median rent is $680 per month, which is $189 (27%) higher than Butler.
Toxey
Toxey is about 14 miles south of Butler. The housing prices there are a bit less expensive. The value of the median home in Toxey is $75,700, which comes out to $3,800 (5%) lower than Butler. The rent there is a bit more expensive. The median monthly rent in Toxey is $675, which is $184 (27%) higher than Butler.
Gilbertown
Gilbertown is about 17 miles south from Butler. Real estate prices there are substantially more expensive. The price of the median home in Gilbertown is $117,500, which works out to $38,000 (32%) higher than Butler. Rents there are substantially less expensive. The median monthly rent in Gilbertown is $285, which is $206 (72%) lower than Butler.
Myrtlewood
Myrtlewood is approximately 17 miles northeast of Butler. The housing prices there are somewhat less expensive. The price of the median home in Myrtlewood is $72,500, which works out to $7,000 (9%) lower than Butler. Rents there are significantly more expensive. In Myrtlewood the median rent is $806 per month, which works out to $315 (39%) higher than Butler.
