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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 $313,963, lower than the New Hampshire average of $417,591.
The average cost of rent is $1,127/mo in Monroe, primarily driven by the current value of real estate in the Monroe area. In Monroe, 11.07% of households rent, and 55.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monroe is $6,580 per month. Households that rent pay about 17.13% of their income on rent here. Monroe’s most expensive areas are in the northeastern 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
- Mc Indoe Falls, VT: less expensive homes
- South Peacham, VT: less expensive homes
- Barnet, VT: less expensive homes
- Lyman, NH: equally priced homes
- Tinkerville, NH: equally priced homes
- East Ryegate, VT: less expensive homes
- West Waterford, VT: less expensive homes
- West Barnet, VT: less expensive homes
- Lisbon, NH: less expensive homes
- Bath, NH: less expensive homes
Cities with Similar Populations
- Elliottstown, IL: less expensive homes
- Tompkinsville, PA: less expensive homes
- Tidewater, OR: higher priced homes
- Temple Hill, KY: less expensive homes
- Tallula, IL: less expensive homes
- Switz City, IN: less expensive homes
- Sullivanville, NY: less expensive homes
- German Valley, IL: less expensive homes
- Findley, MI: less expensive homes
- Faxon, KY: less expensive homes
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