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Affordable
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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 $170,044, lower than the Pennsylvania average of $288,156.
The average cost of rent is $854/mo in Monroe, primarily driven by the current value of real estate in the Monroe area. In Monroe, 22.48% of households rent, and 54.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monroe is $4,589 per month. Households that rent pay about 18.61% of their income on rent here. Monroe’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- South Towanda, PA: equally priced homes
- Powell, PA: equally priced homes
- Luthers Mills, PA: equally priced homes
- Monroeton, PA: equally priced homes
- Towanda, PA: equally priced homes
- East Towanda, PA: higher priced homes
- Marshview, PA: higher priced homes
- Standing Stone, PA: higher priced homes
- North Towanda, PA: higher priced homes
- Mountain Lake, PA: higher priced homes
Cities with Similar Populations
- Slocum, MI: higher priced homes
- Green Garden, MI: higher priced homes
- Green Hill, TN: higher priced homes
- Gridley, KS: equally priced homes
- Grinnell, KS: less expensive homes
- Groveland, NY: higher priced homes
- Halcyon, CA: higher priced homes
- Haleburg, AL: equally priced homes
- Halstad, MN: less expensive homes
- Hammond, IL: less expensive homes
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