Home prices
The median home in Montpelier costs $54,600. It is about $10,440 (16%) lower compared to its surrounding areas.It is approximately $162,900 (74%) lower in comparison to the country as a whole, and in comparison to the city of Fort Wayne it is about $60,500 (52%) lower.
Rents
The median rent in Montpelier is $660 a month. It is about $84 (11%) lower in comparison to its nearby areas.In comparison to the US as a whole it is roughly $402 (37%) lower, and is approximately $104 (13%) lower in comparison to the city of Fort Wayne.
Nearby places
Pennville
Pennville is approximately 7 miles southeast from Montpelier. Its real estate prices are a bit more expensive. The price of the median home in Pennville is $64,400, which works out to $9,800 (15%) higher than Montpelier. The rent there is a little less expensive. The median rent in Pennville is $564 per month, which works out to $96 (17%) lower than Montpelier.
Hartford City
Hartford City is about 7 miles southwest from Montpelier. Its housing prices are somewhat more expensive. Hartford City's median home value is $60,500, which is $5,900 (9%) higher than Montpelier. Its rents are fairly similar. The median monthly rent in Hartford City is $633, which comes out to $27 (4%) lower than Montpelier.
Poneto
Poneto is approximately 7 miles north of Montpelier. Housing prices there are somewhat more expensive. The median home in Poneto is valued at $58,800, which works out to $4,200 (7%) higher than Montpelier. Rent there is a little more expensive. Poneto's median monthly rent is $775, which is $115 (14%) higher than Montpelier.
Van Buren
Van Buren is roughly 10 miles northwest of Montpelier. Housing prices there are somewhat more expensive. Van Buren's median home value is $63,200, which is $8,600 (13%) higher than Montpelier. Rents there are a bit more expensive. In Van Buren the median rent is $838 per month, which comes out to $178 (21%) higher than Montpelier.
Warren
Warren is approximately 11 miles northwest of Montpelier. Real estate prices there are a little more expensive. Warren's median home value is $78,300, which is $23,700 (30%) higher than Montpelier. Rent there is a bit more expensive. The median monthly rent in Warren is $910, which works out to $250 (27%) higher than Montpelier.
