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These days, finding an affordable place to live in the Monte Rio area can be challenging. Home prices in Monte Rio are now at a median cost of $598,370, lower than the California average of $648,235.
The average cost of rent is $1,641/mo in Monte Rio, primarily driven by the current value of real estate in the Monte Rio area. While nearly 42.96% of residents own their homes outright in Monte Rio, 25.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monte Rio is $5,434 per month. Households that rent pay about 30.19% of their income on rent here. Monte Rio's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Duncans Mills, CA: equally priced homes
- Guerneville, CA: equally priced homes
- Guernewood Park, CA: equally priced homes
- Occidental, CA: higher priced homes
- Rio Nido, CA: higher priced homes
- Forestville, CA: equally priced homes
- Carmet, CA: higher priced homes
- Bodega, CA: higher priced homes
- Cazadero, CA: less expensive homes
- Graton, CA: higher priced homes
Cities with Similar Populations
- Townsend Harbor, MA: less expensive homes
- China Grove, TX: less expensive homes
- Clarendon, PA: less expensive homes
- Clover, VA: less expensive homes
- Dennis, MS: less expensive homes
- Dumas, MS: less expensive homes
- Fort Montgomery, NY: less expensive homes
- Spruce, MI: less expensive homes
- Starksboro, VT: less expensive homes
- Strunk, KY: less expensive homes
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