Home prices
The median home in Montreal costs $77,000. In comparison to its nearby areas it is roughly $23,300 (43%) higher.It is approximately $140,500 (64%) lower compared to the nation as a whole, and compared to the city of Merrill it is approximately $8,300 (9%) lower.
Rents
Montreal's median rent is $555 per month. It is about $65 (13%) higher compared to its surrounding areas.Compared to the entire country it is approximately $507 (47%) lower, and it is about $82 (12%) lower in comparison to the city of Merrill.
Nearby places
Hurley
Hurley is Montreal's neighbor to the northeast. Real estate prices there are a bit less expensive. The median home cost in Hurley is $60,100, which works out to $16,900 (28%) lower than Montreal. Its rents are somewhat less expensive. Hurley's median rent is $520 a month, which is $35 (6%) lower than Montreal.
Iron Belt
Iron Belt is about 3 miles southwest of Montreal. Housing prices there are substantially less expensive. The median home value in Iron Belt is $48,600, which is $28,400 (58%) lower than Montreal. The rent there is a little less expensive. Iron Belt's median rent is $475 a month, which is $80 (16%) lower than Montreal.
Ironwood
Ironwood is roughly 3 miles east from Montreal. The housing prices there are significantly less expensive. The median home in Ironwood costs $47,000, which comes out to $30,000 (63%) lower than Montreal. Rent there is somewhat less expensive. Ironwood's median rent is $510 a month, which is $45 (8%) lower than Montreal.
Bessemer
Bessemer is roughly 8 miles east from Montreal. Housing prices there are significantly less expensive. The median home in Bessemer costs $55,900, which comes out to $21,100 (37%) lower than Montreal. Rent there is a lot less expensive. Bessemer's median rent is $395 per month, which works out to $160 (40%) lower than Montreal.
Wakefield
Wakefield is approximately 12 miles east of Montreal. Real estate prices there are substantially less expensive. Wakefield's median home value is $56,900, which works out to $20,100 (35%) lower than Montreal. Rent there is similar. Wakefield's median monthly rent is $552, which is very similar to Montreal.
