Home prices
The price of the median home in Monrovia is $663,400. It is approximately $61,380 (8%) lower in comparison to the surrounding areas.Compared to the rest of the country it is roughly $445,900 (205%) higher, and it is about $26,500 (4%) higher in comparison to the city of Los Angeles.
Rents
In Monrovia the median monthly rent is $1,590. Compared to other places in this area it is approximately $55 (3%) higher.It is about $528 (49%) higher compared to the entire nation, and it is approximately $140 (9%) higher in comparison to the city of Los Angeles.
Nearby places
Duarte
Duarte is Monrovia's neighbor to the east. Real estate prices there are significantly less expensive. The median home in Duarte is valued at $482,200, which comes out to $181,200 (37%) lower than Monrovia. Its rents are fairly similar. Duarte's median rent is $1,523 per month, which works out to $67 (4%) lower than Monrovia.
South Monrovia Island
South Monrovia Island is Monrovia's neighbor to the south. Housing prices there are a lot less expensive. The median home value in South Monrovia Island is $465,000, which is $198,400 (42%) lower than Monrovia. Its rents are a little less expensive. South Monrovia Island's median rent is $1,481 a month, which comes out to $109 (7%) lower than Monrovia.
Arcadia
Arcadia is Monrovia's neighbor to the southwest. The housing prices there are significantly more expensive. Arcadia's median home value is $1,097,600, which is $434,200 (39%) higher than Monrovia. Rents there are similar. In Arcadia the median monthly rent is $1,662, which is $72 (4%) higher than Monrovia.
Mayflower Village
Mayflower Village is Monrovia's neighbor to the south. The housing prices there are a bit less expensive. The median home price in Mayflower Village is $609,400, which is $54,000 (8%) lower than Monrovia. The rent there is a little less expensive. Mayflower Village's median monthly rent is $1,395, which works out to $195 (13%) lower than Monrovia.
Sierra Madre
Sierra Madre is roughly 2 miles west of Monrovia. Its housing prices are somewhat more expensive. The median home in Sierra Madre is valued at $969,700, which is $306,300 (31%) higher than Monrovia. Rents there are fairly similar. The median monthly rent in Sierra Madre is $1,615, which is $25 (1%) higher than Monrovia.
