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Affordable
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These days, finding an affordable place to live in the Monee area can be challenging. Home prices in Monee are now at a median cost of $320,717, higher than the Illinois average of $300,242.
The average cost of rent is $1,454/mo in Monee, primarily driven by the current value of real estate in the Monee area. In Monee, 6.87% of households rent, and 37.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monee is $9,538 per month. Households that rent pay about 15.24% of their income on rent here. Monee’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- University Park, IL: less expensive homes
- Lincoln Estates, IL: less expensive homes
- Richton Park, IL: less expensive homes
- Peotone, IL: equally priced homes
- Goodenow, IL: less expensive homes
- Park Forest, IL: less expensive homes
- Matteson, IL: less expensive homes
- Frankfort, IL: higher priced homes
- Frankfort Square, IL: equally priced homes
- Steger, IL: less expensive homes
Cities with Similar Populations
- Wolfforth, TX: less expensive homes
- Landrum, SC: higher priced homes
- Woodbury, NY: higher priced homes
- Lansdowne, MD: less expensive homes
- Laughlin, NV: less expensive homes
- Laurel, FL: higher priced homes
- Woodbridge, CT: higher priced homes
- Lawrence, NY: higher priced homes
- Lawton, MI: less expensive homes
- Lebanon, IL: less expensive homes
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