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These days, finding an affordable place to live in the Monroe Hall area can be challenging. Home prices in Monroe Hall are now at a median cost of $298,206, lower than the Virginia average of $443,089.
The average cost of rent is $1,667/mo in Monroe Hall, primarily driven by the current value of real estate in the Monroe Hall area. In Monroe Hall, 17.23% of households rent, and 37.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monroe Hall is $6,541 per month. Households that rent pay about 25.49% of their income on rent here. Monroe Hall’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Maple Grove, VA: equally priced homes
- Colonial Beach, VA: equally priced homes
- Oak Grove, VA: less expensive homes
- Shiloh, VA: higher priced homes
- Dahlgren, VA: higher priced homes
- Issue, MD: higher priced homes
- Welcome, VA: higher priced homes
- Leedstown, VA: less expensive homes
- Newburg, MD: higher priced homes
- Office Hall, VA: higher priced homes
Cities with Similar Populations
- Ruraldale, OH: less expensive homes
- Marshwood, PA: equally priced homes
- Mascot, NE: less expensive homes
- Maud, IL: less expensive homes
- Acme, LA: less expensive homes
- McArthur Crossroads, NC: less expensive homes
- McCanna, ND: less expensive homes
- Milledgeville, OH: less expensive homes
- Rome, MS: less expensive homes
- Roseland, KS: less expensive homes
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