Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Monmouth County area can be challenging. Home prices in Monmouth County are now at a median cost of $477,449, higher than the New Jersey average of $388,929.
The average cost of rent is $1,820/mo in Monmouth County, primarily driven by the current value of real estate in the Monmouth County area. While nearly 34.58% of residents own their homes outright in Monmouth County, 24.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monmouth County is $9,921 per month. Households that rent pay about 18.35% of their income on rent here. Monmouth County's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the county.
Nearby Counties
- Mercer County, NJ: less expensive homes
- Bucks County, PA: less expensive homes
- Montgomery County, PA: less expensive homes
- Berks County, PA: less expensive homes
- Lebanon County, PA: less expensive homes
- Dauphin County, PA: less expensive homes
- Cumberland County, PA: less expensive homes
- Westmoreland County, PA: less expensive homes
- Washington County, PA: less expensive homes
- Brooke County, WV: less expensive homes
Counties with Similar Populations
- Arapahoe County, CO: equally priced homes
- Lake County, IL: less expensive homes
- Kent County, MI: less expensive homes
- Johnson County, KS: less expensive homes
- Jefferson County, AL: less expensive homes
- Jackson County, MO: less expensive homes
- Hudson County, NJ: equally priced homes
- El Paso County, CO: less expensive homes
- District of Columbia, DC: higher priced homes
- Denver County, CO: equally priced homes
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