Home prices
The median home in Montpelier costs $67,900. In comparison to nearby areas it is approximately $47,980 (41%) lower.It is roughly $149,600 (68%) lower in comparison to the US as a whole, and compared to the city of New Orleans it is roughly $163,600 (70%) lower.
Rents
In Montpelier the median monthly rent is $940. In comparison to the surrounding areas this is roughly $210 (28%) higher.Compared to the United States as a whole it is approximately $122 (11%) lower, and it is approximately $58 (5%) lower in comparison to the city of New Orleans.
Nearby places
Amite City
Amite City is approximately 8 miles northeast of Montpelier. The housing prices there are significantly more expensive. The median home in Amite City costs $157,900, which comes out to $90,000 (56%) higher than Montpelier. Rents there are somewhat less expensive. In Amite City the median monthly rent is $803, which is $137 (17%) lower than Montpelier.
Independence
Independence is approximately 8 miles southeast of Montpelier. The housing prices there are a lot more expensive. The median home in Independence costs $115,800, which comes out to $47,900 (41%) higher than Montpelier. The rent there is a lot less expensive. In Independence the median monthly rent is $709, which works out to $231 (32%) lower than Montpelier.
Roseland
Roseland is roughly 9 miles northeast from Montpelier. Real estate prices there are fairly similar. Roseland's median home cost is $66,500, which is $1,400 (2%) lower than Montpelier. Rents there are a little less expensive. Roseland's median rent is $725 per month, which comes out to $215 (29%) lower than Montpelier.
Greensburg
Greensburg is roughly 11 miles north from Montpelier. Housing prices there are significantly more expensive. The median home in Greensburg costs $101,000, which is $33,100 (32%) higher than Montpelier. Its rents are significantly less expensive. In Greensburg the median monthly rent is $600, which comes out to $340 (56%) lower than Montpelier.
Tickfaw
Tickfaw is roughly 11 miles southeast of Montpelier. Its housing prices are a lot more expensive. The median home cost in Tickfaw is $138,200, which works out to $70,300 (50%) higher than Montpelier. Its rents are a bit less expensive. Tickfaw's median monthly rent is $813, which works out to $127 (15%) lower than Montpelier.
