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 $190,694, lower than the Utah average of $361,191.
The average cost of rent is $659/mo in Monroe, primarily driven by the current value of real estate in the Monroe area. While nearly 41.34% of residents own their homes outright in Monroe, 10.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monroe is $4,873 per month. Households that rent pay about 13.53% 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.
Nearby Cities
- Elsinore, UT: higher priced homes
- Joseph, UT: equally priced homes
- Central Valley, UT: higher priced homes
- Annabella, UT: higher priced homes
- Richfield, UT: higher priced homes
- Glenwood, UT: higher priced homes
- Venice, UT: higher priced homes
- Sevier, UT: equally priced homes
- Marysvale, UT: higher priced homes
- Koosharem, UT: higher priced homes
Cities with Similar Populations
- California, KY: higher priced homes
- Celina, TN: less expensive homes
- Chester, VT: higher priced homes
- Christmas, FL: higher priced homes
- Dayton, WA: higher priced homes
- DeLevan, NY: less expensive homes
- Glen Dale, WV: equally priced homes
- Elloree, SC: less expensive homes
- Monmouth Beach, NJ: higher priced homes
- Beach City, TX: higher priced homes
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