Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Monument area can be challenging. Home prices in Monument are now at a median cost of $506,355, higher than the Colorado average of $430,259.
The average cost of rent is $1,701/mo in Monument, primarily driven by the current value of real estate in the Monument area. While nearly 22.31% of residents own their homes outright in Monument, 12.70% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monument is $10,899 per month. Households that rent pay about 15.61% of their income on rent here. Monument's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Woodmoor, CO: equally priced homes
- Gleneagle, CO: less expensive homes
- Palmer Lake, CO: less expensive homes
- Air Force Academy, CO: less expensive homes
- Black Forest, CO: higher priced homes
- Pine Crest, CO: less expensive homes
- Larkspur, CO: higher priced homes
- Cascade-Chipita Park, CO: higher priced homes
- Woodland Park, CO: less expensive homes
- Elbert, CO: equally priced homes
Cities with Similar Populations
- La Palma, CA: higher priced homes
- Lihue, HI: higher priced homes
- Laurel, VA: less expensive homes
- Las Vegas, NM: less expensive homes
- Las Carolinas, PR: less expensive homes
- Lansdowne, PA: less expensive homes
- Lamont, CA: less expensive homes
- Lafollette, TN: less expensive homes
- Lafayette, GA: less expensive homes
- Laconia, NH: less expensive homes
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