Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Monarch area can be challenging. Home prices in Monarch are now at a median cost of $322,202, higher than the Montana average of $298,413.
The average cost of rent is $737/mo in Monarch, primarily driven by the current value of real estate in the Monarch area. While nearly 51.46% of residents own their homes outright in Monarch, 16.85% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monarch is $6,910 per month. Households that rent pay about 10.66% of their income on rent here. Monarch's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Neihart, MT: less expensive homes
- Raynesford, MT: less expensive homes
- Geyser, MT: less expensive homes
- Stockett, MT: less expensive homes
- Belt, MT: less expensive homes
- Sand Coulee, MT: less expensive homes
- Sapphire Village, MT: less expensive homes
- Wayne, MT: equally priced homes
- Stanford, MT: less expensive homes
- Tracy, MT: less expensive homes
Cities with Similar Populations
- London, TX: less expensive homes
- Leonia, FL: less expensive homes
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- Leslie, WV: less expensive homes
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- Lewis, SC: less expensive homes
- Lewis, WI: less expensive homes
- Linwood, MS: less expensive homes
- Little Falls, WA: equally priced homes
- Littlefield, AZ: less expensive homes
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