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 $182,000, lower than the Utah average of $361,191.
The average cost of rent is $632/mo in Monarch, primarily driven by the current value of real estate in the Monarch area. While nearly 52.77% of residents own their homes outright in Monarch, 5.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monarch is $6,537 per month. Households that rent pay about 9.67% of their income on rent here. Monarch's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Neola, UT: equally priced homes
- Cedarview, UT: higher priced homes
- Bluebell, UT: equally priced homes
- Roosevelt, UT: higher priced homes
- Whiterocks, UT: equally priced homes
- Ballard, UT: equally priced homes
- Leeton, UT: less expensive homes
- Upalco, UT: equally priced homes
- Boneta, UT: equally priced homes
- Altamont, UT: higher priced homes
Cities with Similar Populations
- Manor Kill, NY: less expensive homes
- Long, OH: less expensive homes
- Long Point, MI: higher priced homes
- Lonoak, CA: higher priced homes
- Looking Glass, OR: higher priced homes
- Loomis, OH: equally priced homes
- Lotts Creek, IA: less expensive homes
- Lower Belle, WV: less expensive homes
- Luxemburg, MN: higher priced homes
- Lydesdale, AR: less expensive homes
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