Expensive
Affordable
Affordable
Colorblind friendly
off
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 $189,555, lower than the Virginia average of $443,089.
The average cost of rent is $852/mo in Monterey, primarily driven by the current value of real estate in the Monterey area. In Monterey, 17.99% of households rent, and 55.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monterey is $5,474 per month. Households that rent pay about 15.56% of their income on rent here. Monterey’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Vanderpool, VA: higher priced homes
- Hightown, VA: higher priced homes
- New Hampden, VA: higher priced homes
- Doe Hill, VA: higher priced homes
- Mc Dowell, VA: higher priced homes
- Blue Grass, VA: equally priced homes
- Harper, WV: equally priced homes
- Arbovale, WV: less expensive homes
- Boyer, WV: less expensive homes
- Moatstown, WV: equally priced homes
Cities with Similar Populations
- Sycamore, PA: higher priced homes
- Garden City, TX: higher priced homes
- Georgetown, NY: less expensive homes
- Given, WV: less expensive homes
- Gladstone, ND: higher priced homes
- Glen Raven, NC: equally priced homes
- Gorham, KS: less expensive homes
- Graham, AL: equally priced homes
- Gum Flat, TN: higher priced homes
- Hamden, NY: higher priced homes
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