Home Price Key
Affordable
Average
Expensive
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 $155,082, lower than the Maine average of $243,042.
The average cost of rent is $799/mo in Monroe, primarily driven by the current value of real estate in the Monroe area. While nearly 49.97% of residents own their homes outright in Monroe, 11.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monroe is $5,776 per month. Households that rent pay about 13.83% of their income on rent here. Monroe's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- North Monroe, ME: equally priced homes
- Frankfort, ME: equally priced homes
- Swanville, ME: equally priced homes
- Fosters Corner, ME: less expensive homes
- Jackson, ME: equally priced homes
- Winterport, ME: higher priced homes
- Dixmont, ME: equally priced homes
- Brooks, ME: less expensive homes
- Waldo, ME: less expensive homes
- Searsport, ME: higher priced homes
Cities with Similar Populations
- Tiff City, MO: equally priced homes
- Fair Oak Springs, MS: less expensive homes
- Fiddletown, CA: higher priced homes
- Fitzwilliam Depot, NH: higher priced homes
- Flagg Center, IL: higher priced homes
- Flat Rock, OH: equally priced homes
- Teddy, KY: less expensive homes
- Tehuacana, TX: less expensive homes
- Terlingua, TX: equally priced homes
- Terrill, KY: less expensive homes
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