Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Monson area can be challenging. Home prices in Monson are now at a median cost of $124,366, lower than the Maine average of $243,042.
The average cost of rent is $567/mo in Monson, primarily driven by the current value of real estate in the Monson area. While nearly 55.70% of residents own their homes outright in Monson, 16.38% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monson is $4,111 per month. Households that rent pay about 13.80% of their income on rent here. Monson's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Blanchard, ME: equally priced homes
- Willimantic, ME: higher priced homes
- Upper Abbot, ME: equally priced homes
- Abbot, ME: higher priced homes
- North Guilford, ME: higher priced homes
- Abbot Village, ME: equally priced homes
- Onawa, ME: higher priced homes
- Shirley Mills, ME: higher priced homes
- Guilford, ME: higher priced homes
- Sebec Lake, ME: higher priced homes
Cities with Similar Populations
- Silas, TX: equally priced homes
- Sprague, AL: higher priced homes
- Spelterville, IN: higher priced homes
- Spelter, WV: less expensive homes
- Southwest Oswego, NY: higher priced homes
- South Trenton, NY: higher priced homes
- Solomon, AZ: higher priced homes
- Snow Hollow Lake, MO: equally priced homes
- Smyrna, MI: higher priced homes
- Smoot, WV: equally priced homes
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