Similar to its nearby areas, it is a lot more expensive compared to the rest of the nation. Compared to the city of Denver, it is close to average.
Home prices
Monument's median home cost is $381,600. In comparison to other places in this area this is about $19,740 (4%) lower.It is approximately $164,100 (75%) higher in comparison to the entire country, and compared to the city of Denver it is approximately $9,000 (2%) lower.
Rents
The median rent in Monument is $1,586 a month. It is approximately $87 (5%) higher compared to other places in this area.It is approximately $524 (49%) higher in comparison to the United States as a whole, and in comparison to the city of Denver is approximately $275 (20%) higher.
Nearby places
Gleneagle
Gleneagle is Monument's neighbor to the southeast. Its real estate prices are fairly similar. The median home cost in Gleneagle is $365,300, which works out to $16,300 (4%) lower than Monument. Rents there are a bit less expensive. Gleneagle's median rent is $1,394 per month, which is $192 (13%) lower than Monument.
Woodmoor
Woodmoor is Monument's neighbor to the north. Its real estate prices are somewhat more expensive. Woodmoor's median home price is $481,100, which comes out to $99,500 (20%) higher than Monument. Rents there are a bit more expensive. In Woodmoor the median monthly rent is $1,782, which comes out to $196 (10%) higher than Monument.
Palmer Lake
Palmer Lake is Monument's neighbor to the northwest. Its real estate prices are a little less expensive. The median home in Palmer Lake costs $289,800, which comes out to $91,800 (31%) lower than Monument. The rent there is a lot less expensive. In Palmer Lake the median rent is $977 per month, which is $609 (62%) lower than Monument.
Black Forest
Black Forest is about 7 miles east of Monument. The housing prices there are somewhat more expensive. The cost of the median home in Black Forest is $547,000, which comes out to $165,400 (30%) higher than Monument. Rent there is a little more expensive. In Black Forest the median monthly rent is $2,064, which comes out to $478 (23%) higher than Monument.
Woodland Park
Woodland Park is approximately 11 miles southwest from Monument. Housing prices there are a bit less expensive. The median home in Woodland Park is valued at $323,500, which works out to $58,100 (17%) lower than Monument. Its rents are a little less expensive. In Woodland Park the median monthly rent is $1,276, which works out to $310 (24%) lower than Monument.
