Much like the surrounding areas, it's a bit less expensive compared to the entire country. However it's significantly less expensive compared to the city of Provo.
Home prices
The median home in Altamont costs $161,000. In comparison to other places in this area it is about $7,500 (4%) higher.It is roughly $56,500 (25%) lower in comparison to the rest of the nation, and compared to the city of Provo is approximately $110,300 (40%) lower.
Rents
Altamont's median monthly rent is $917. In comparison to nearby areas it is approximately $101 (12%) higher.In comparison to the rest of the nation it is roughly $145 (13%) lower, and is about $40 (4%) higher in comparison to the city of Provo.
Nearby places
Duchesne
Duchesne is approximately 13 miles south from Altamont. Housing prices there are pretty similar. Duchesne's median home value is $165,000, which works out to $4,000 (2%) higher than Altamont. Rents there are a bit less expensive. Duchesne's median rent is $863 a month, which is $54 (6%) lower than Altamont.
Roosevelt
Roosevelt is about 13 miles east of Altamont. Its housing prices are a little more expensive. Roosevelt's median home value is $199,600, which comes out to $38,600 (19%) higher than Altamont. Rent there is somewhat less expensive. In Roosevelt the median monthly rent is $800, which works out to $117 (14%) lower than Altamont.
Myton
Myton is approximately 15 miles southeast from Altamont. The real estate prices there are significantly less expensive. The cost of the median home in Myton is $91,000, which is $70,000 (76%) lower than Altamont. The rent there is a lot less expensive. In Myton the median monthly rent is $675, which works out to $242 (35%) lower than Altamont.
Ballard
Ballard is approximately 15 miles east from Altamont. The housing prices there are pretty similar. Ballard's median home price is $163,700, which works out to $2,700 (1%) higher than Altamont. The rent there is a bit more expensive. The median monthly rent in Ballard is $1,109, which works out to $192 (17%) higher than Altamont.
Tabiona
Tabiona is roughly 19 miles west of Altamont. Housing prices there are a little less expensive. The median home value in Tabiona is $148,200, which comes out to $12,800 (8%) lower than Altamont. Rent there is substantially less expensive. In Tabiona the median rent is $635 a month, which comes out to $282 (44%) lower than Altamont.