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Housing in Montevallo

A typical Montevallo home is worth roughly $314,000

Typical home value
$314K
MO $268K
Estimate
2-bedroom rent
$900
a month, utilities in · HUD
Median tax bill
$1,333
MO $1,948

What kind of housing town is Montevallo?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Renting

A two-bedroom rents for about $900

Renters already here pay a median of $1,064.

Fair Market Rent a month, utilities included

Studio$670
1 bedroom$690
2 bedrooms$900
3 bedrooms$1,160
4 bedrooms$1,330
55%
of households rent · MO 32%
122
renter households
$1,064
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Barton County, MO): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Affordability

A typical home costs 4.5 years of income

More than across Missouri (3.8 years). Try your own numbers below.

You could afford about
$296,000
Typical Montevallo home $314K

That’s $18K short of a typical Montevallo home.

The typical home, each month
$1,760
Loan $1,560Tax $110Insurance $90

A two-bedroom rents for about $900 a month here, $860 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Montevallo’s typical property tax (0.42% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

45% of Montevallo households own their home

Half of Montevallo’s homes were built before 1988.

Owners and renters
Own 45%Rent 55%

Missouri: 68% own.

1988
typical home built · MO 1978
$1,333
median property tax bill · MO $1,948
0.42%
of a home’s value, a year in tax · MO 0.85%

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Next door

Montevallo vs. its neighbors

The towns that share a border with Montevallo. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2014Median income
Montevallo$314K*—$900—$70,610
Milford—−8%†$910——
Virgil$174K*+3%†$930—$35,625
Doylesport——$9000$57,014

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Montevallo buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Montevallo still affordable for young families?

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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