Home Price Key
Affordable
Average
Expensive
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 $141,489, lower than the Iowa average of $182,666.
The average cost of rent is $1,195/mo in Monmouth, primarily driven by the current value of real estate in the Monmouth area. While nearly 55.08% of residents own their homes outright in Monmouth, 11.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monmouth is $5,726 per month. Households that rent pay about 20.87% of their income on rent here. Monmouth's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Baldwin, IA: less expensive homes
- Onslow, IA: less expensive homes
- Emeline, IA: less expensive homes
- Ironhills, IA: higher priced homes
- Nashville, IA: equally priced homes
- Wyoming, IA: less expensive homes
- Center Junction, IA: higher priced homes
- Scotch Grove, IA: higher priced homes
- Oxford Junction, IA: less expensive homes
- Bernard, IA: higher priced homes
Cities with Similar Populations
- Gober, GA: higher priced homes
- Greenwood Springs, MS: less expensive homes
- Greenway, AR: less expensive homes
- Greencreek, ID: higher priced homes
- Grayson, OK: less expensive homes
- Grand Detour, IL: higher priced homes
- Goodman, WI: less expensive homes
- Golden Shores, AZ: less expensive homes
- Gold Rock, NC: less expensive homes
- Grenville, SD: higher priced homes
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