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 $160,578, lower than the Indiana average of $175,617.
The average cost of rent is $774/mo in Monmouth, primarily driven by the current value of real estate in the Monmouth area. While nearly 27.56% of residents own their homes outright in Monmouth, 15.04% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monmouth is $5,994 per month. Households that rent pay about 12.92% of their income on rent here. Monmouth's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Decatur, IN: less expensive homes
- Rivare, IN: equally priced homes
- Preble, IN: higher priced homes
- Peterson, IN: higher priced homes
- Monroeville, IN: less expensive homes
- Magley, IN: higher priced homes
- Hoagland, IN: higher priced homes
- Linn Grove, IN: equally priced homes
- Wren, OH: less expensive homes
- Middlebury, OH: equally priced homes
Cities with Similar Populations
- Sun Valley, WV: higher priced homes
- Fowler, KS: equally priced homes
- Fox, OH: higher priced homes
- Fruitdale, SD: higher priced homes
- Gary, WV: less expensive homes
- Gilbertsville, NY: equally priced homes
- Sparkman, AR: less expensive homes
- Springtown, PA: higher priced homes
- Stringtown, MO: equally priced homes
- Summerhill, NY: equally priced homes
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