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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 $74,200, lower than the Kentucky average of $219,615.
The average cost of rent is $758/mo in Monica, primarily driven by the current value of real estate in the Monica area. In Monica, 25.38% of households rent, and 55.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monica is $2,866 per month. Households that rent pay about 26.45% of their income on rent here. Monica’s most expensive areas are in the central 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
- Athol, KY: equally priced homes
- Widecreek, KY: equally priced homes
- Vada, KY: equally priced homes
- Lone, KY: equally priced homes
- St. Helens, KY: higher priced homes
- Mary, KY: higher priced homes
- Congleton, KY: equally priced homes
- Beattyville, KY: higher priced homes
- Zoe, KY: higher priced homes
- Elkatawa, KY: higher priced homes
Cities with Similar Populations
- Rogerson, ID: higher priced homes
- Lockington, OH: higher priced homes
- Lodi Center, NY: higher priced homes
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- Loma, MT: higher priced homes
- London, MN: higher priced homes
- London, WV: less expensive homes
- Long Beach, OH: higher priced homes
- Long Branch, TN: higher priced homes
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