Home prices
The value of the median home in Monroe is $122,700. This is about $16,340 (11%) lower in comparison to its nearby areas.It is about $94,800 (43%) lower in comparison to the entire nation, and compared to the city of Des Moines is about $10,500 (7%) lower.
Rents
The median monthly rent in Monroe is $634. Compared to its nearby areas it is approximately $99 (13%) lower.Compared to the rest of the country it is approximately $428 (40%) lower, and in comparison to the city of Des Moines is approximately $221 (25%) lower.
Nearby places
Reasnor
Reasnor is approximately 5 miles northeast of Monroe. The real estate prices there are significantly less expensive. The cost of the median home in Reasnor is $78,300, which works out to $44,400 (56%) lower than Monroe. Rent there is somewhat less expensive. The median rent in Reasnor is $583 a month, which works out to $51 (8%) lower than Monroe.
Prairie City
Prairie City is about 7 miles northwest of Monroe. The housing prices there are a little more expensive. The value of the median home in Prairie City is $137,100, which comes out to $14,400 (10%) higher than Monroe. The rent there is somewhat more expensive. Prairie City's median rent is $878 a month, which works out to $244 (27%) higher than Monroe.
Pella
Pella is approximately 11 miles southeast from Monroe. Housing prices there are substantially more expensive. The value of the median home in Pella is $187,400, which works out to $64,700 (34%) higher than Monroe. Rents there are a bit more expensive. In Pella the median monthly rent is $860, which comes out to $226 (26%) higher than Monroe.
Runnells
Runnells is approximately 11 miles west from Monroe. Housing prices there are a little more expensive. The median home in Runnells is valued at $140,500, which is $17,800 (12%) higher than Monroe. Rents there are somewhat more expensive. Runnells's median monthly rent is $695, which works out to $61 (8%) higher than Monroe.
Pleasantville
Pleasantville is about 11 miles southwest of Monroe. The housing prices there are a bit more expensive. The median home in Pleasantville is valued at $151,900, which comes out to $29,200 (19%) higher than Monroe. Rents there are similar. Pleasantville's median monthly rent is $650, which works out to $16 (2%) higher than Monroe.
