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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 $176,534, lower than the Kansas average of $243,949.
The average cost of rent is $717/mo in Monmouth, primarily driven by the current value of real estate in the Monmouth area. In Monmouth, 13.60% of households rent, and 47.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monmouth is $7,283 per month. Households that rent pay about 9.84% of their income on rent here. Monmouth’s most expensive areas are in the southern 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
- McCune, KS: equally priced homes
- Cherokee, KS: less expensive homes
- West Mineral, KS: higher priced homes
- Roseland, KS: less expensive homes
- Fleming, KS: less expensive homes
- Scammon, KS: less expensive homes
- Greenbush, KS: less expensive homes
- Chicopee, KS: less expensive homes
- Strauss, KS: higher priced homes
- South Radley, KS: less expensive homes
Cities with Similar Populations
- Seaforth, MN: higher priced homes
- Locust Hill, KY: less expensive homes
- Locust, IA: higher priced homes
- Loma, NE: higher priced homes
- Long Key, FL: higher priced homes
- Longford, KS: higher priced homes
- Longrie, MI: less expensive homes
- Lono, AR: less expensive homes
- Lorton, NE: equally priced homes
- Los Vigiles, NM: higher priced homes
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