Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Monahans area can be challenging. Home prices in Monahans are now at a median cost of $124,996, lower than the Texas average of $235,268.
The average cost of rent is $1,043/mo in Monahans, primarily driven by the current value of real estate in the Monahans area. While nearly 63.57% of residents own their homes outright in Monahans, 24.15% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monahans is $5,898 per month. Households that rent pay about 17.68% of their income on rent here. Monahans's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Thorntonville, TX: less expensive homes
- Wickett, TX: less expensive homes
- Pyote, TX: less expensive homes
- Penwell, TX: less expensive homes
- Barstow, TX: less expensive homes
- Pecos, TX: less expensive homes
- Midkiff, TX: equally priced homes
- Stiles, TX: higher priced homes
- St. Lawrence, TX: higher priced homes
- Water Valley, TX: higher priced homes
Cities with Similar Populations
- Lanoka Harbor, NJ: higher priced homes
- Lacombe, LA: higher priced homes
- Ladue, MO: higher priced homes
- Lago Vista, TX: higher priced homes
- Lagrange, IN: higher priced homes
- Lake Alfred, FL: equally priced homes
- Lake Arbor, MD: higher priced homes
- Lake Bluff, IL: higher priced homes
- Lampasas, TX: higher priced homes
- Landenberg, PA: higher priced homes
All Local Stats
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