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 $125,940, lower than the Missouri average of $194,908.
The average cost of rent is $586/mo in Monroe City, primarily driven by the current value of real estate in the Monroe City area. While nearly 46.78% of residents own their homes outright in Monroe City, 40.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monroe City is $4,241 per month. Households that rent pay about 13.81% of their income on rent here. Monroe City's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Hassard, MO: higher priced homes
- Indian Creek, MO: higher priced homes
- Hunnewell, MO: less expensive homes
- Warren, MO: higher priced homes
- The Landing, MO: equally priced homes
- Emden, MO: equally priced homes
- West Ely, MO: higher priced homes
- Rensselaer, MO: higher priced homes
- Woodland, MO: higher priced homes
- Stoutsville, MO: higher priced homes
Cities with Similar Populations
- Castlewood, VA: less expensive homes
- Lucerne, CA: higher priced homes
- Wrens, GA: equally priced homes
- Watertown, FL: equally priced homes
- Utica, KY: higher priced homes
- Tipton, CA: higher priced homes
- Sumiton, AL: less expensive homes
- Shorewood, MN: higher priced homes
- Pennellville, NY: higher priced homes
- Mountain Iron, MN: higher priced homes
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