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 $82,964, lower than the South Carolina average of $233,397.
The average cost of rent is $767/mo in Monarch, primarily driven by the current value of real estate in the Monarch area. While nearly 56.66% of residents own their homes outright in Monarch, 40.69% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monarch is $2,632 per month. Households that rent pay about 29.13% of their income on rent here. Monarch's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Union, SC: equally priced homes
- Adamsburg, SC: less expensive homes
- Kelly, SC: less expensive homes
- South Hills, SC: higher priced homes
- Robat, SC: less expensive homes
- Lockhart, SC: less expensive homes
- Kelton, SC: equally priced homes
- Buffalo, SC: equally priced homes
- Jonesville, SC: higher priced homes
- Lockhart Junction, SC: higher priced homes
Cities with Similar Populations
- South Solon, OH: higher priced homes
- Kellond, OK: higher priced homes
- Kingston, WI: higher priced homes
- Scalp Level, PA: less expensive homes
- Scammon Bay, AK: less expensive homes
- Sebastopol, MS: equally priced homes
- Selkirk, MI: higher priced homes
- Seneca Gardens, KY: higher priced homes
- Severy, KS: equally priced homes
- Shamrock, WI: higher priced homes
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