Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the El Monte area can be challenging. Home prices in El Monte are now at a median cost of $535,713, lower than the California average of $648,235.
The average cost of rent is $1,589/mo in El Monte, primarily driven by the current value of real estate in the El Monte area. While nearly 41.16% of residents own their homes outright in El Monte, 52.27% rent.
Housing affordability isn’t just about home prices, though. The average household income in El Monte is $5,433 per month. Households that rent pay about 29.24% of their income on rent here. El Monte's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- South El Monte, CA: equally priced homes
- Avocado Heights, CA: equally priced homes
- Temple City, CA: higher priced homes
- Rosemead, CA: higher priced homes
- Baldwin Park, CA: less expensive homes
- West Puente Valley, CA: less expensive homes
- Arcadia, CA: higher priced homes
- San Gabriel, CA: higher priced homes
- La Puente, CA: less expensive homes
- Monrovia, CA: higher priced homes
Cities with Similar Populations
- Lake Charles, LA: less expensive homes
- Las Cruces, NM: less expensive homes
- Hemet, CA: less expensive homes
- Huntsville, AL: less expensive homes
- Hendersonville, TN: less expensive homes
- Humble, TX: less expensive homes
- Homestead, FL: less expensive homes
- Hialeah, FL: less expensive homes
- Hollywood, FL: less expensive homes
- Harrisburg, PA: less expensive homes
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