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Affordable
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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 $403,074, lower than the Oregon average of $502,078.
The average cost of rent is $716/mo in Monument, primarily driven by the current value of real estate in the Monument area. In Monument, 24.37% of households rent, and 78.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monument is $3,305 per month. Households that rent pay about 21.66% of their income on rent here. Monument’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Kimberly, OR: less expensive homes
- Long Creek, OR: equally priced homes
- Spray, OR: equally priced homes
- Dale, OR: less expensive homes
- Dayville, OR: less expensive homes
- Ritter, OR: less expensive homes
- Lonerock, OR: less expensive homes
- Mount Vernon, OR: less expensive homes
- Kinzua, OR: less expensive homes
- Ukiah, OR: less expensive homes
Cities with Similar Populations
- Yellow Bluff, AL: less expensive homes
- Kilgore, OH: less expensive homes
- Killarney Beach, MI: less expensive homes
- Kimball, KS: less expensive homes
- Kings Ferry, FL: less expensive homes
- Kinneloa Mesa, CA: higher priced homes
- Zetus, MS: less expensive homes
- Zeeland, ND: less expensive homes
- Zaneta, IA: less expensive homes
- Zag, KY: less expensive homes
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