Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the West Monroe area can be challenging. Home prices in West Monroe are now at a median cost of $166,456, lower than the Louisiana average of $194,522.
The average cost of rent is $792/mo in West Monroe, primarily driven by the current value of real estate in the West Monroe area. While nearly 49.63% of residents own their homes outright in West Monroe, 28.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in West Monroe is $5,475 per month. Households that rent pay about 14.47% of their income on rent here. West Monroe's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Siegle, LA: higher priced homes
- Brownsville, LA: less expensive homes
- Claiborne, LA: higher priced homes
- Forksville, LA: higher priced homes
- Monroe, LA: equally priced homes
- Richwood, LA: less expensive homes
- Lapine, LA: less expensive homes
- Calhoun, LA: higher priced homes
- Willhite, LA: equally priced homes
- Eureka, LA: higher priced homes
Cities with Similar Populations
- Alamogordo, NM: higher priced homes
- Woodridge, IL: higher priced homes
- Willis, TX: higher priced homes
- Williamstown, NJ: higher priced homes
- Wildomar, CA: higher priced homes
- Westchester, FL: higher priced homes
- West Babylon, NY: higher priced homes
- Stow, OH: higher priced homes
- Fenton, MI: higher priced homes
- Elk Grove Village, IL: higher priced homes
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