Affordable
Expensive
Expensive
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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 $178,903, lower than the Maine average of $330,167.
The average cost of rent is $860/mo in Monson, primarily driven by the current value of real estate in the Monson area. In Monson, 16.86% of households rent, and 55.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monson is $4,713 per month. Households that rent pay about 18.24% of their income on rent here. Monson’s most expensive areas are in the western 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
- Blanchard, ME: equally priced homes
- Willimantic, ME: equally priced homes
- Upper Abbot, ME: equally priced homes
- Abbot, ME: equally priced homes
- North Guilford, ME: equally priced homes
- Abbot Village, ME: equally priced homes
- Onawa, ME: equally priced homes
- Shirley Mills, ME: equally priced homes
- Guilford, ME: equally priced homes
- Sebec Lake, ME: equally priced homes
Cities with Similar Populations
- Silas, TX: less expensive homes
- Sprague, AL: higher priced homes
- Spelterville, IN: equally priced homes
- Spelter, WV: less expensive homes
- Southwest Oswego, NY: equally priced homes
- South Trenton, NY: higher priced homes
- Solomon, AZ: equally priced homes
- Snow Hollow Lake, MO: less expensive homes
- Smyrna, MI: higher priced homes
- Smoot, WV: less expensive homes
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