Home prices
The median home price in Montgomery is $151,600. It is approximately $16,640 (9%) lower in comparison to other places in this area.In comparison to the country as a whole it is approximately $65,900 (30%) lower, and in comparison to the city of Minneapolis is about $100,000 (39%) lower.
Rents
The median rent in Montgomery is $909 a month. In comparison to nearby areas this is roughly $24 (2%) lower.It is roughly $153 (14%) lower in comparison to the entire nation, and compared to the city of Minneapolis it is roughly $118 (11%) lower.
Nearby places
New Prague
New Prague is roughly 6 miles north of Montgomery. The housing prices there are significantly more expensive. The median home price in New Prague is $247,100, which works out to $95,500 (38%) higher than Montgomery. The rent there is fairly similar. In New Prague the median rent is $880 a month, which works out to $29 (3%) lower than Montgomery.
Lonsdale
Lonsdale is approximately 6 miles east of Montgomery. The housing prices there are a little more expensive. The median home price in Lonsdale is $202,300, which works out to $50,700 (25%) higher than Montgomery. Rent there is substantially more expensive. In Lonsdale the median monthly rent is $1,537, which comes out to $628 (40%) higher than Montgomery.
Le Center
Le Center is approximately 7 miles southwest of Montgomery. Its real estate prices are somewhat less expensive. Le Center's median home cost is $140,400, which works out to $11,200 (7%) lower than Montgomery. Its rents are somewhat less expensive. Le Center's median rent is $702 per month, which is $207 (29%) lower than Montgomery.
Kilkenny
Kilkenny is approximately 8 miles south of Montgomery. Its real estate prices are substantially less expensive. The median home in Kilkenny is valued at $100,000, which is $51,600 (51%) lower than Montgomery. Rent there is pretty similar. In Kilkenny the median monthly rent is $920, which comes out to $11 (1%) higher than Montgomery.
Cleveland
Cleveland is approximately 13 miles southwest from Montgomery. The real estate prices there are similar. The cost of the median home in Cleveland is $151,400, which is very similar to Montgomery. Rent there is substantially less expensive. The median rent in Cleveland is $625 a month, which is $284 (45%) lower than Montgomery.
