Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Monterey area can be challenging. Home prices in Monterey are now at a median cost of $75,844, lower than the Arkansas average of $160,541.
The average cost of rent is $627/mo in Monterey, primarily driven by the current value of real estate in the Monterey area. While nearly 63.29% of residents own their homes outright in Monterey, 32.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monterey is $3,193 per month. Households that rent pay about 19.63% of their income on rent here. Monterey's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Weona Junction, AR: higher priced homes
- Old Weona, AR: less expensive homes
- Joyland, AR: less expensive homes
- Birdeye, AR: higher priced homes
- Togo, AR: less expensive homes
- Payneway, AR: less expensive homes
- Cherry Valley, AR: equally priced homes
- Whitaker, AR: equally priced homes
- Three Forks, AR: higher priced homes
- Harrisburg, AR: higher priced homes
Cities with Similar Populations
- Roy, SD: higher priced homes
- Mount Pleasant, AL: higher priced homes
- Muncy, TX: higher priced homes
- Nansen, PA: less expensive homes
- Nast, CO: higher priced homes
- Natalie, PA: equally priced homes
- Nenno, WI: higher priced homes
- New Corn Hill, TX: higher priced homes
- Round Spring, MO: higher priced homes
- Mount Hope, PA: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood