The Most Affordable Neighborhoods in Monument, KS by Home Value

 

Monument, KS Map of Most Affordable Neighborhoods
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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 $85,726, lower than the Kansas average of $185,150.

The average cost of rent is $926/mo in Monument, primarily driven by the current value of real estate in the Monument area. While nearly 73.45% of residents own their homes outright in Monument, 28.81% rent.

Housing affordability isn’t just about home prices, though. The average household income in Monument is $5,618 per month. Households that rent pay about 16.49% of their income on rent here. Monument's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.


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