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Affordable
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These days, finding an affordable place to live in the Monroe Manor area can be challenging. Home prices in Monroe Manor are now at a median cost of $204,944, lower than the Indiana average of $232,932.
The average cost of rent is $1,002/mo in Monroe Manor, primarily driven by the current value of real estate in the Monroe Manor area. In Monroe Manor, 16.56% of households rent, and 29.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monroe Manor is $6,835 per month. Households that rent pay about 14.66% of their income on rent here. Monroe Manor’s most expensive areas are in the central 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
- Kingsbury, IN: equally priced homes
- La Porte, IN: equally priced homes
- Salem Heights, IN: equally priced homes
- Stillwell, IN: equally priced homes
- Pinola, IN: higher priced homes
- Wellsboro, IN: higher priced homes
- Tracy, IN: less expensive homes
- Kingsford Heights, IN: less expensive homes
- Rolling Prairie, IN: higher priced homes
- South Center, IN: equally priced homes
Cities with Similar Populations
- Rusk, WV: less expensive homes
- Meredith, CO: higher priced homes
- Meridian, PA: higher priced homes
- Merritt, WA: higher priced homes
- Metcalf Gap, TX: higher priced homes
- Methuen, MA: higher priced homes
- Midco, CA: higher priced homes
- Middleburg, OH: higher priced homes
- Mildred, KS: less expensive homes
- Miller River, WA: higher priced homes
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