Home prices
The median home in Missoula costs $279,700. Compared to nearby areas it is approximately $51,267 (22%) higher.It is about $62,200 (28%) higher compared to the United States as a whole.
Rents
In Missoula the median monthly rent is $859. It is about $133 (13%) lower compared to other places in this area.It is roughly $203 (19%) lower in comparison to the entire country.
Nearby places
Orchard Homes
Orchard Homes is Missoula's neighbor to the southwest. Its housing prices are a bit more expensive. The value of the median home in Orchard Homes is $312,000, which works out to $32,300 (10%) higher than Missoula. Its rents are a little more expensive. In Orchard Homes the median monthly rent is $958, which comes out to $99 (10%) higher than Missoula.
East Missoula
East Missoula is Missoula's neighbor to the east. Real estate prices there are a little less expensive. The median home cost in East Missoula is $218,600, which works out to $61,100 (27%) lower than Missoula. Its rents are fairly similar. East Missoula's median monthly rent is $902, which comes out to $43 (4%) higher than Missoula.
Bonner-West Riverside
Bonner-West Riverside is approximately 5 miles east of Missoula. The housing prices there are substantially less expensive. Bonner-West Riverside's median home price is $65,700, which works out to $214,000 (325%) lower than Missoula. Rents there are similar. In Bonner-West Riverside the median rent is $857 per month, which is very similar to Missoula.
Wye
Wye is about 6 miles northwest of Missoula. The housing prices there are fairly similar. The median home price in Wye is $275,400, which is $4,300 (1%) lower than Missoula. The rent there is somewhat more expensive. In Wye the median rent is $1,156 a month, which works out to $297 (25%) higher than Missoula.
Piltzville
Piltzville is approximately 6 miles east of Missoula. Its real estate prices are pretty similar. Piltzville's median home value is $268,700, which is $11,000 (4%) lower than Missoula. Rents there are significantly more expensive. The median rent in Piltzville is $1,364 a month, which works out to $505 (37%) higher than Missoula.
Lolo
Lolo is about 6 miles southwest from Missoula. Real estate prices there are a little less expensive. The median home price in Lolo is $230,200, which is $49,500 (21%) lower than Missoula. Rents there are somewhat less expensive. The median rent in Lolo is $714 per month, which comes out to $145 (20%) lower than Missoula.