Home Price Key
Affordable
Average
Expensive
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 $180,628, higher than the Indiana average of $175,617.
The average cost of rent is $846/mo in Monrovia, primarily driven by the current value of real estate in the Monrovia area. While nearly 25.81% of residents own their homes outright in Monrovia, 11.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monrovia is $7,323 per month. Households that rent pay about 11.56% of their income on rent here. Monrovia's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Hazelwood, IN: equally priced homes
- Joppa, IN: higher priced homes
- Centerton, IN: higher priced homes
- Bethany, IN: less expensive homes
- Plano, IN: higher priced homes
- Brooklyn, IN: equally priced homes
- Mooresville, IN: higher priced homes
- Stilesville, IN: equally priced homes
- Clayton, IN: higher priced homes
- Wakeland, IN: higher priced homes
Cities with Similar Populations
- Georgetown, IL: less expensive homes
- Ovid, MI: less expensive homes
- Pekin, IN: less expensive homes
- Alanson, MI: less expensive homes
- Pride, LA: equally priced homes
- Leonard, MI: higher priced homes
- Leo, IN: higher priced homes
- Prentiss, MS: less expensive homes
- Homestead, PA: less expensive homes
- Helenwood, TN: less expensive homes
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