Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Monroe Center area can be challenging. Home prices in Monroe Center are now at a median cost of $136,405, lower than the Illinois average of $242,002.
The average cost of rent is $829/mo in Monroe Center, primarily driven by the current value of real estate in the Monroe Center area. While nearly 46.27% of residents own their homes outright in Monroe Center, 12.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monroe Center is $6,219 per month. Households that rent pay about 13.33% of their income on rent here. Monroe Center's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Lindenwood, IL: equally priced homes
- Davis Junction, IL: higher priced homes
- Holcomb, IL: higher priced homes
- Morristown, IL: equally priced homes
- New Milford, IL: equally priced homes
- Esmond, IL: higher priced homes
- Kirkland, IL: higher priced homes
- Irene, IL: higher priced homes
- White Rock, IL: higher priced homes
- Cherry Valley, IL: higher priced homes
Cities with Similar Populations
- Jamaica Beach, TX: higher priced homes
- Speers, PA: equally priced homes
- Spearville, KS: higher priced homes
- Smithfield, ME: higher priced homes
- Small, TX: equally priced homes
- Sitka, KY: less expensive homes
- Shuqualak, MS: less expensive homes
- Shop Springs, TN: higher priced homes
- Shipman, MS: higher priced homes
- Sandstone, MI: higher priced homes
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