Similar to the surrounding areas, it's substantially less expensive compared to the entire nation. Compared to the city of Grand Rapids however, it is a bit less expensive.
Home prices
The cost of the median home in Montague is $114,700. In comparison to other places in this area this is about $3,620 (3%) lower.In comparison to the United States as a whole it is about $102,800 (47%) lower, and in comparison to the city of Grand Rapids is about $28,700 (20%) lower.
Rents
Montague's median monthly rent is $637. This is about $84 (11%) lower in comparison to other places in this area.It is approximately $425 (40%) lower compared to the country as a whole, and in comparison to the city of Grand Rapids is about $288 (31%) lower.
Nearby places
Whitehall
Whitehall is Montague's neighbor to the southeast. Its real estate prices are a little more expensive. The median home value in Whitehall is $124,100, which works out to $9,400 (7%) higher than Montague. Rent there is a little more expensive. The median rent in Whitehall is $671 per month, which works out to $34 (5%) higher than Montague.
Lakewood Club
Lakewood Club is approximately 5 miles southeast from Montague. The real estate prices there are somewhat less expensive. The cost of the median home in Lakewood Club is $96,300, which works out to $18,400 (19%) lower than Montague. Its rents are a bit more expensive. Lakewood Club's median monthly rent is $806, which is $169 (20%) higher than Montague.
Rothbury
Rothbury is approximately 6 miles north of Montague. Real estate prices there are a little less expensive. The median home in Rothbury is valued at $96,500, which comes out to $18,200 (18%) lower than Montague. Rent there is pretty similar. In Rothbury the median monthly rent is $646, which is $9 (1%) higher than Montague.
New Era
New Era is about 9 miles north of Montague. The real estate prices there are similar. The median home in New Era costs $117,400, which comes out to $2,700 (2%) higher than Montague. Its rents are similar. New Era's median monthly rent is $638, which is very similar to Montague.
North Muskegon
North Muskegon is approximately 11 miles south of Montague. Its housing prices are a bit more expensive. The price of the median home in North Muskegon is $157,300, which comes out to $42,600 (27%) higher than Montague. The rent there is somewhat more expensive. In North Muskegon the median monthly rent is $844, which is $207 (24%) higher than Montague.