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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 $186,151, lower than the New York average of $610,895.
The average cost of rent is $1,028/mo in West Monroe, primarily driven by the current value of real estate in the West Monroe area. In West Monroe, 12.06% of households rent, and 50.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in West Monroe is $8,007 per month. Households that rent pay about 12.84% of their income on rent here. West Monroe’s most expensive areas are in the southwestern 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
- Mallory, NY: less expensive homes
- Little France, NY: less expensive homes
- Constantia, NY: less expensive homes
- Central Square, NY: equally priced homes
- Hastings Center, NY: less expensive homes
- Hastings, NY: equally priced homes
- Brewerton, NY: higher priced homes
- Bernhards Bay, NY: less expensive homes
- Panther Lake, NY: less expensive homes
- Parish, NY: less expensive homes
Cities with Similar Populations
- Belgrade, ME: higher priced homes
- Reading, MI: less expensive homes
- Rison, AR: less expensive homes
- Los Chaves, NM: higher priced homes
- Linden, PA: higher priced homes
- Gold River, CA: higher priced homes
- Glade Hill, VA: higher priced homes
- Fowler, IN: less expensive homes
- Colora, MD: higher priced homes
- Brandon, WI: higher priced homes
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