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These days, finding an affordable place to live in the Monmouth area can be challenging. Home prices in Monmouth are now at a median cost of $422,362, lower than the California average of $812,006.
The average cost of rent is $1,423/mo in Monmouth, primarily driven by the current value of real estate in the Monmouth area. In Monmouth, 38.57% of households rent, and 46.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monmouth is $5,329 per month. Households that rent pay about 26.71% of their income on rent here. Monmouth’s most expensive areas are in the southwestern 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
- Elm View, CA: equally priced homes
- Fowler, CA: equally priced homes
- Wildflower, CA: equally priced homes
- Selma, CA: less expensive homes
- Caruthers, CA: less expensive homes
- Laton, CA: equally priced homes
- Burrel, CA: less expensive homes
- Del Rey, CA: less expensive homes
- Kingsburg, CA: equally priced homes
- Parlier, CA: less expensive homes
Cities with Similar Populations
- Griffithville, AR: less expensive homes
- Steamboat Rock, IA: less expensive homes
- Starrsville, GA: less expensive homes
- Stanley, AL: less expensive homes
- St. Lawrence, WI: less expensive homes
- Hagarville, AR: less expensive homes
- Gurn Spring, NY: equally priced homes
- Guild, NH: less expensive homes
- Grissom Arb, IN: less expensive homes
- Steedman, SC: less expensive homes
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