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 $454,407, higher than the Washington average of $453,663.
The average cost of rent is $1,752/mo in Monroe, primarily driven by the current value of real estate in the Monroe area. While nearly 20.85% of residents own their homes outright in Monroe, 27.93% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monroe is $8,158 per month. Households that rent pay about 21.48% of their income on rent here. Monroe's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Monroe North, WA: higher priced homes
- Monroe Junction, WA: higher priced homes
- Woods Creek, WA: higher priced homes
- Snohomish, WA: higher priced homes
- Silver Firs, WA: higher priced homes
- Duvall, WA: higher priced homes
- Clearview, WA: higher priced homes
- Sultan, WA: less expensive homes
- Cottage Lake, WA: higher priced homes
- Bunk Foss, WA: higher priced homes
Cities with Similar Populations
- Nogales, AZ: less expensive homes
- Plainview, TX: less expensive homes
- Penfield, NY: less expensive homes
- Pelham, AL: less expensive homes
- Pecan Grove, TX: less expensive homes
- Pascagoula, MS: less expensive homes
- Panama City Beach, FL: less expensive homes
- Palmetto Bay, FL: higher priced homes
- Palatka, FL: less expensive homes
- Pleasantville, NJ: less expensive homes
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