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 $293,837, lower than the Oregon average of $365,363.
The average cost of rent is $928/mo in Monroe, primarily driven by the current value of real estate in the Monroe area. While nearly 34.41% of residents own their homes outright in Monroe, 26.64% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monroe is $4,664 per month. Households that rent pay about 19.89% of their income on rent here. Monroe's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Bellfountain, OR: equally priced homes
- Glenbrook, OR: higher priced homes
- Dawson, OR: equally priced homes
- Horton, OR: higher priced homes
- Lancaster, OR: higher priced homes
- Miller, OR: higher priced homes
- Peoria, OR: higher priced homes
- Harrisburg, OR: equally priced homes
- Junction City, OR: equally priced homes
- Cheshire, OR: higher priced homes
Cities with Similar Populations
- Baird, TX: less expensive homes
- Star Valley, AZ: higher priced homes
- Gurdon, AR: less expensive homes
- White Mountain Lake, AZ: less expensive homes
- Carlisle, AR: less expensive homes
- Florala, AL: less expensive homes
- Fillmore, UT: less expensive homes
- Stagecoach, NV: less expensive homes
- Round Lake Heights, IL: less expensive homes
- Montezuma, IA: less expensive homes
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