Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Monmouth Beach area can be challenging. Home prices in Monmouth Beach are now at a median cost of $823,336, higher than the New Jersey average of $388,929.
The average cost of rent is $2,331/mo in Monmouth Beach, primarily driven by the current value of real estate in the Monmouth Beach area. While nearly 49.95% of residents own their homes outright in Monmouth Beach, 17.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monmouth Beach is $12,630 per month. Households that rent pay about 18.45% of their income on rent here. Monmouth Beach's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Sea Bright, NJ: less expensive homes
- Oceanport, NJ: less expensive homes
- Long Branch, NJ: less expensive homes
- Rumson, NJ: higher priced homes
- Little Silver, NJ: less expensive homes
- Fair Haven, NJ: higher priced homes
- West Long Branch, NJ: less expensive homes
- Fort Monmouth, NJ: less expensive homes
- Shrewsbury, NJ: less expensive homes
- Highlands, NJ: less expensive homes
Cities with Similar Populations
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- Burt, MI: less expensive homes
- Cashton, WI: less expensive homes
- Monroe, UT: less expensive homes
- Lithopolis, OH: less expensive homes
- Newkirk, OK: less expensive homes
- North Shore, VA: less expensive homes
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