Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Pearl-Meigs-Monroe area can be challenging. Home prices in Pearl-Meigs-Monroe are now at a median cost of $208,717, lower than the Rochester average of $214,658.
The average cost of rent is $1,114/mo in Pearl-Meigs-Monroe, primarily driven by the current value of real estate in the Pearl-Meigs-Monroe area. In Pearl-Meigs-Monroe, 84.50% of households rent, and 25.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pearl-Meigs-Monroe is $5,256 per month. Households that rent pay about 21.20% of their income on rent here. Pearl-Meigs-Monroe’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- South Wedge, Rochester, NY: less expensive homes
- Park Avenue, Rochester, NY: higher priced homes
- Ellwanger-Barry, Rochester, NY: equally priced homes
- East Avenue, Rochester, NY: higher priced homes
- Central Business District-Rochester, Rochester, NY: higher priced homes
- Corn Hill, Rochester, NY: higher priced homes
- South Marketview Heights, Rochester, NY: less expensive homes
- Plymouth-Exchange, Rochester, NY: less expensive homes
- Upper Falls, Rochester, NY: less expensive homes
- Beechwood, Rochester, NY: less expensive homes
Neighborhoods with Similar Populations
- South of Fifth, Miami Beach, FL: higher priced homes
- Jeff Davis, Richmond, VA: less expensive homes
- Jefferson, San Antonio, TX: higher priced homes
- Johnson Ranch, Roseville, CA: higher priced homes
- Kenny, Minneapolis, MN: higher priced homes
- Kingsley, Buffalo, NY: less expensive homes
- Lake, Oceanside, CA: higher priced homes
- Lake Road, Milwaukie, OR: higher priced homes
- Somerset Park, Willingboro, NJ: higher priced homes
- South Forest Park, Everett, WA: higher priced homes
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