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These days, finding an affordable place to live in the Monroeville area can be challenging. Home prices in Monroeville are now at a median cost of $189,908, lower than the Indiana average of $232,932.
The average cost of rent is $1,016/mo in Monroeville, primarily driven by the current value of real estate in the Monroeville area. In Monroeville, 17.69% of households rent, and 48.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monroeville is $6,744 per month. Households that rent pay about 15.07% of their income on rent here. Monroeville’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Townley, IN: higher priced homes
- Tillman, IN: equally priced homes
- Maples, IN: equally priced homes
- Hoagland, IN: higher priced homes
- Tanglewood, IN: equally priced homes
- Monmouth, IN: higher priced homes
- Dixon, OH: less expensive homes
- New Haven, IN: equally priced homes
- Convoy, OH: less expensive homes
- Payne, OH: less expensive homes
Cities with Similar Populations
- Andrews, NC: less expensive homes
- Sabetha, KS: equally priced homes
- Speedwell, TN: less expensive homes
- Lincoln, ME: less expensive homes
- Lewiston, MI: equally priced homes
- Laton, CA: higher priced homes
- Lakeville, IN: higher priced homes
- Sun City, CA: higher priced homes
- Graysville, TN: less expensive homes
- Flagler Estates, FL: higher priced homes
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