The Most Affordable Neighborhoods in Monroe North, WA by Home Value

 

Monroe North, WA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Monroe North area can be challenging. Home prices in Monroe North are now at a median cost of $853,613, higher than the Washington average of $621,115.

The average cost of rent is $2,633/mo in Monroe North, primarily driven by the current value of real estate in the Monroe North area. In Monroe North, 7.23% of households rent, and 22.44% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Monroe North is $14,442 per month. Households that rent pay about 18.23% of their income on rent here. Monroe North’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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