Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Monroe area can be challenging. Home prices in Monroe are now at a median cost of $197,318, lower than the Iowa average of $226,062.
The average cost of rent is $822/mo in Monroe, primarily driven by the current value of real estate in the Monroe area. In Monroe, 17.69% of households rent, and 40.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monroe is $6,295 per month. Households that rent pay about 13.05% of their income on rent here. Monroe’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Reasnor, IA: higher priced homes
- Prairie City, IA: higher priced homes
- Killduff, IA: higher priced homes
- Otley, IA: higher priced homes
- Lambs Grove, IA: equally priced homes
- Newton, IA: less expensive homes
- Vandalia, IA: higher priced homes
- Colfax, IA: equally priced homes
- Goddard, IA: higher priced homes
- Sully, IA: equally priced homes
Cities with Similar Populations
- Fall Creek, WI: higher priced homes
- Central Gardens, TX: higher priced homes
- Centre Hall, PA: higher priced homes
- Farley, KY: less expensive homes
- Centreville, IL: less expensive homes
- Kirbyville, TX: less expensive homes
- Chandler, OK: less expensive homes
- Falmouth, KY: less expensive homes
- Chariton, IA: less expensive homes
- Falls City, NE: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood