Home prices
Laurel's median home price is $174,000. This is approximately $18,960 (12%) higher in comparison to other places in this area.Compared to the country as a whole it is about $43,500 (19%) lower, and compared to the city of Billings is about $47,100 (21%) lower.
Rents
The median monthly rent in Laurel is $832. It is approximately $118 (16%) higher in comparison to the surrounding areas.It is approximately $230 (21%) lower compared to the rest of the country, and in comparison to the city of Billings it is roughly $67 (7%) lower.
Nearby places
Park City
Park City is about 6 miles southwest of Laurel. The housing prices there are somewhat more expensive. The price of the median home in Park City is $184,400, which works out to $10,400 (5%) higher than Laurel. Rent there is somewhat less expensive. In Park City the median rent is $734 a month, which is $98 (13%) lower than Laurel.
Joliet
Joliet is roughly 14 miles southwest from Laurel. Its housing prices are a bit less expensive. The median home in Joliet costs $134,100, which works out to $39,900 (29%) lower than Laurel. Rent there is similar. The median monthly rent in Joliet is $821, which works out to $11 (1%) lower than Laurel.
Lockwood
Lockwood is about 17 miles northeast from Laurel. The real estate prices there are a little more expensive. The median home value in Lockwood is $195,900, which is $21,900 (11%) higher than Laurel. Rents there are a little more expensive. In Lockwood the median monthly rent is $895, which is $63 (7%) higher than Laurel.
Fromberg
Fromberg is roughly 18 miles south of Laurel. Its real estate prices are substantially less expensive. The cost of the median home in Fromberg is $120,800, which works out to $53,200 (44%) lower than Laurel. Rent there is pretty similar. The median monthly rent in Fromberg is $796, which is $36 (4%) lower than Laurel.
Pryor
Pryor is about 19 miles southeast from Laurel. The housing prices there are a little less expensive. The median home in Pryor is valued at $140,000, which works out to $34,000 (24%) lower than Laurel. Rent there is significantly less expensive. Pryor's median rent is $325 a month, which works out to $507 (156%) lower than Laurel.