Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Monrovia area can be challenging. Home prices in Monrovia are now at a median cost of $896,252, higher than the California average of $812,006.
The average cost of rent is $2,172/mo in Monrovia, primarily driven by the current value of real estate in the Monrovia area. In Monrovia, 51.85% of households rent, and 32.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monrovia is $8,505 per month. Households that rent pay about 25.53% of their income on rent here. Monrovia’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bradbury, CA: higher priced homes
- Duarte, CA: less expensive homes
- Arcadia, CA: higher priced homes
- Sierra Madre, CA: higher priced homes
- Irwindale, CA: less expensive homes
- Temple City, CA: equally priced homes
- East Pasadena, CA: higher priced homes
- Baldwin Park, CA: less expensive homes
- El Monte, CA: less expensive homes
- Vincent, CA: less expensive homes
Cities with Similar Populations
- Bloomfield, NJ: less expensive homes
- Brooksville, FL: less expensive homes
- McLean, VA: higher priced homes
- Parkersburg, WV: less expensive homes
- Papillion, NE: less expensive homes
- Orange, TX: less expensive homes
- Oak Harbor, WA: less expensive homes
- Northbrook, IL: less expensive homes
- North Brunswick, NJ: less expensive homes
- Monroe, GA: less expensive homes
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