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Affordable
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These days, finding an affordable place to live in the Monette area can be challenging. Home prices in Monette are now at a median cost of $148,552, lower than the Arkansas average of $207,061.
The average cost of rent is $595/mo in Monette, primarily driven by the current value of real estate in the Monette area. In Monette, 25.84% of households rent, and 58.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monette is $5,032 per month. Households that rent pay about 11.83% of their income on rent here. Monette’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cottonwood Corner, AR: equally priced homes
- Macey, AR: higher priced homes
- Walters, AR: higher priced homes
- Carmi, AR: higher priced homes
- Bunney, AR: less expensive homes
- Happy Corners, AR: higher priced homes
- Leachville, AR: equally priced homes
- Milligan Ridge, AR: less expensive homes
- Lake City, AR: equally priced homes
- Schug, AR: higher priced homes
Cities with Similar Populations
- Ashland, IL: less expensive homes
- Youngsport, TX: higher priced homes
- Woodville, ID: higher priced homes
- Woodmont, CT: higher priced homes
- Woodburn, KY: higher priced homes
- Willard, MI: higher priced homes
- Wadsworth, NV: higher priced homes
- Vermillion, MN: higher priced homes
- Tyrone, NM: higher priced homes
- Dove Creek, CO: higher priced homes
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