The Most Affordable Neighborhoods in Monroe Manor, IN by Home Value

 

Monroe Manor, IN Map of Most Affordable Neighborhoods
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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 $172,248, lower than the Indiana average of $175,617.

The average cost of rent is $991/mo in Monroe Manor, primarily driven by the current value of real estate in the Monroe Manor area. While nearly 28.33% of residents own their homes outright in Monroe Manor, 18.24% rent.

Housing affordability isn’t just about home prices, though. The average household income in Monroe Manor is $6,798 per month. Households that rent pay about 14.59% 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.


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