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 $344,600, higher than the Wisconsin average of $220,185.
The average cost of rent is $803/mo in Monterey, primarily driven by the current value of real estate in the Monterey area. While nearly 44.23% of residents own their homes outright in Monterey, 4.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monterey is $8,792 per month. Households that rent pay about 9.13% of their income on rent here. Monterey's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Old Ashippun, WI: equally priced homes
- Lac La Belle, WI: equally priced homes
- Mapleton, WI: equally priced homes
- Ashippun, WI: less expensive homes
- Oconomowoc, WI: equally priced homes
- Ixonia, WI: less expensive homes
- Oconomowoc Lake, WI: higher priced homes
- Okauchee, WI: equally priced homes
- Okauchee Lake, WI: equally priced homes
- Summit Corners, WI: higher priced homes
Cities with Similar Populations
- Sawyer City, PA: less expensive homes
- Mineral Springs, FL: less expensive homes
- Mink Creek, ID: less expensive homes
- Modena, UT: less expensive homes
- Monrovia, KS: less expensive homes
- Morrow, AR: less expensive homes
- Mount Airy, VA: less expensive homes
- Mount Clare, NE: less expensive homes
- New, KY: less expensive homes
- Rugby, IL: less expensive homes
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