Housing & Real Estate — Montgomery, Minnesota

Overview

Total Housing Units1,467
Occupied1,399
Vacant68
Owner-Occupied1,132
Renter-Occupied267
Median Home Value (Census)$234,700
Estimated 2026~$276,000
Median Rent$896/mo
Median Property Tax$3,434/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income13.5%
Severely Rent-Burdened26.3%

Housing Age

Built 2010 or later156
Built 2000-2009221
Built 1990-199986
Built before 1960658
Median Year Built1964
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.