Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Monona area can be challenging. Home prices in Monona are now at a median cost of $306,403, higher than the Wisconsin average of $220,185.
The average cost of rent is $1,221/mo in Monona, primarily driven by the current value of real estate in the Monona area. While nearly 31.81% of residents own their homes outright in Monona, 34.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monona is $7,636 per month. Households that rent pay about 15.99% of their income on rent here. Monona's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Madison, WI: equally priced homes
- McFarland, WI: equally priced homes
- Maple Bluff, WI: higher priced homes
- Shorewood Hills, WI: higher priced homes
- Fitchburg, WI: equally priced homes
- Cottage Grove, WI: equally priced homes
- Middleton, WI: higher priced homes
- Sun Prairie, WI: less expensive homes
- Oregon, WI: equally priced homes
- Waunakee, WI: higher priced homes
Cities with Similar Populations
- Lander, WY: less expensive homes
- Lake Dallas, TX: less expensive homes
- Lake Hallie, WI: less expensive homes
- Woodfin, NC: higher priced homes
- Lake Mills, WI: less expensive homes
- Woodfield, SC: less expensive homes
- Lake of the Woods, VA: equally priced homes
- Woodbury, TN: less expensive homes
- Lake Park, GA: less expensive homes
- Lakes, AK: equally priced homes
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