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 $95,833, lower than the Oklahoma average of $161,319.
The average cost of rent is $589/mo in Monroe, primarily driven by the current value of real estate in the Monroe area. While nearly 57.37% of residents own their homes outright in Monroe, 15.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monroe is $4,278 per month. Households that rent pay about 13.77% of their income on rent here. Monroe's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Wister, OK: higher priced homes
- Fanshawe, OK: higher priced homes
- Reichert, OK: equally priced homes
- Howe, OK: higher priced homes
- Summerfield, OK: equally priced homes
- Walls, OK: higher priced homes
- Forest Hill, OK: equally priced homes
- Poteau, OK: higher priced homes
- Heavener, OK: less expensive homes
- Norris, OK: equally priced homes
Cities with Similar Populations
- Jones Springs, WV: higher priced homes
- St. Henry, IN: higher priced homes
- St. George, IL: higher priced homes
- St. Cloud, MO: higher priced homes
- Keysville, MO: higher priced homes
- Kerrville, TN: higher priced homes
- Keptown, IL: higher priced homes
- Kent, IL: higher priced homes
- Kellytown, SC: higher priced homes
- Kelley Town, TN: higher priced homes
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