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Affordable
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These days, finding an affordable place to live in the Monica area can be challenging. Home prices in Monica are now at a median cost of $150,300, lower than the Illinois average of $300,242.
The average cost of rent is $795/mo in Monica, primarily driven by the current value of real estate in the Monica area. In Monica, 8.21% of households rent, and 38.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monica is $5,480 per month. Households that rent pay about 14.51% of their income on rent here. Monica’s most expensive areas are in the eastern 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
- Princeville, IL: higher priced homes
- Laura, IL: equally priced homes
- Brimfield, IL: higher priced homes
- Stark, IL: equally priced homes
- Kickapoo, IL: higher priced homes
- Southport, IL: higher priced homes
- West Jersey, IL: equally priced homes
- Speer, IL: higher priced homes
- Edelstein, IL: higher priced homes
- West Hallock, IL: higher priced homes
Cities with Similar Populations
- Shelburn, LA: less expensive homes
- Lowery, AL: less expensive homes
- Luna, MO: higher priced homes
- Lunds Valley, ND: higher priced homes
- Macon, NE: less expensive homes
- Manannah, MN: higher priced homes
- Manes, MO: higher priced homes
- Marmarth, ND: equally priced homes
- Saratoga, IA: equally priced homes
- Sea Island, GA: higher priced homes
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