Home prices
The median home price in Monroe Center is $119,400. In comparison to the surrounding areas this is approximately $24,000 (16%) lower.In comparison to the nation as a whole it is approximately $98,100 (45%) lower, and is about $138,600 (53%) lower in comparison to the city of Chicago.
Rents
In Monroe Center the median monthly rent is $917. It is about $40 (4%) higher in comparison to its nearby areas.In comparison to the nation as a whole it is about $145 (13%) lower, and it is about $195 (17%) lower in comparison to the city of Chicago.
Nearby places
Davis Junction
Davis Junction is roughly 4 miles west of Monroe Center. Its real estate prices are a bit more expensive. The cost of the median home in Davis Junction is $145,800, which is $26,400 (18%) higher than Monroe Center. Rent there is a bit more expensive. The median rent in Davis Junction is $996 per month, which works out to $79 (7%) higher than Monroe Center.
New Milford
New Milford is roughly 5 miles northwest of Monroe Center. Real estate prices there are fairly similar. The price of the median home in New Milford is $116,700, which is $2,700 (2%) lower than Monroe Center. Rents there are a lot less expensive. New Milford's median monthly rent is $689, which comes out to $228 (33%) lower than Monroe Center.
Kirkland
Kirkland is approximately 6 miles east from Monroe Center. Housing prices there are somewhat more expensive. The median home in Kirkland is valued at $142,100, which is $22,700 (15%) higher than Monroe Center. Rents there are a bit more expensive. The median rent in Kirkland is $981 per month, which comes out to $64 (6%) higher than Monroe Center.
Cherry Valley
Cherry Valley is roughly 8 miles north from Monroe Center. The real estate prices there are a little more expensive. The median home price in Cherry Valley is $170,100, which works out to $50,700 (29%) higher than Monroe Center. Rent there is somewhat less expensive. In Cherry Valley the median rent is $739 per month, which works out to $178 (24%) lower than Monroe Center.
Stillman Valley
Stillman Valley is about 8 miles west from Monroe Center. Housing prices there are somewhat more expensive. The median home in Stillman Valley costs $142,300, which works out to $22,900 (16%) higher than Monroe Center. Rents there are a bit more expensive. Stillman Valley's median monthly rent is $978, which works out to $61 (6%) higher than Monroe Center.