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These days, finding an affordable place to live in the Monett area can be challenging. Home prices in Monett are now at a median cost of $197,512, lower than the Missouri average of $246,641.
The average cost of rent is $892/mo in Monett, primarily driven by the current value of real estate in the Monett area. In Monett, 39.80% of households rent, and 41.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monett is $4,561 per month. Households that rent pay about 19.55% of their income on rent here. Monett’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Yonkerville, MO: higher priced homes
- Pierce City, MO: less expensive homes
- Pleasant Ridge, MO: higher priced homes
- Freistatt, MO: higher priced homes
- Verona, MO: equally priced homes
- Purdy, MO: equally priced homes
- Pioneer, MO: higher priced homes
- Wentworth, MO: equally priced homes
- Aurora, MO: less expensive homes
- Madry, MO: higher priced homes
Cities with Similar Populations
- Lecanto, FL: higher priced homes
- Rockwell, NC: higher priced homes
- Rochester, IN: less expensive homes
- River Forest, IL: higher priced homes
- Ringwood, NJ: higher priced homes
- Ridgefield, NJ: higher priced homes
- Richmond Heights, OH: equally priced homes
- Los Llanos, PR: less expensive homes
- Little Falls, NJ: higher priced homes
- Linganore, MD: higher priced homes
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