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 $202,948, higher than the Nebraska average of $188,542.
The average cost of rent is $896/mo in Monterey, primarily driven by the current value of real estate in the Monterey area. While nearly 64.59% of residents own their homes outright in Monterey, 29.27% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monterey is $5,756 per month. Households that rent pay about 15.57% of their income on rent here. Monterey's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- West Point, NE: less expensive homes
- Dodge, NE: less expensive homes
- Snyder, NE: less expensive homes
- Beemer, NE: less expensive homes
- Olean, NE: less expensive homes
- Scribner, NE: less expensive homes
- Howells, NE: less expensive homes
- Uehling, NE: less expensive homes
- Wisner, NE: less expensive homes
- Bancroft, NE: less expensive homes
Cities with Similar Populations
- Jobs Corners, PA: less expensive homes
- Starks, ME: less expensive homes
- Stanhope, PA: equally priced homes
- Stanfield, TN: less expensive homes
- Stamford, VT: equally priced homes
- Stamford, NE: less expensive homes
- Stairville, PA: less expensive homes
- St. Paul, SC: less expensive homes
- St. Paul, IA: less expensive homes
- St. Joseph, WI: higher priced homes
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