Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Monroe City area can be challenging. Home prices in Monroe City are now at a median cost of $123,295, lower than the Indiana average of $175,617.
The average cost of rent is $920/mo in Monroe City, primarily driven by the current value of real estate in the Monroe City area. While nearly 47.23% of residents own their homes outright in Monroe City, 21.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monroe City is $5,927 per month. Households that rent pay about 15.53% of their income on rent here. Monroe City's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Wheatland, IN: higher priced homes
- Bowman, IN: equally priced homes
- Fritchton, IN: higher priced homes
- Verne, IN: higher priced homes
- Indian Creek Settlement, IN: higher priced homes
- Iona, IN: higher priced homes
- Maysville, IN: equally priced homes
- West Petersburg, IN: equally priced homes
- Petersburg, IN: equally priced homes
- Oatsville, IN: less expensive homes
Cities with Similar Populations
- Warsaw, SC: less expensive homes
- Bude, MS: less expensive homes
- Cabins, WV: higher priced homes
- Cairo, MO: equally priced homes
- Cameron, AZ: less expensive homes
- Yatesville, GA: higher priced homes
- Winfall, NC: higher priced homes
- Williamsburg, NC: higher priced homes
- Whitehouse Forks, AL: higher priced homes
- West Mineola, TX: higher priced homes
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