Home prices
West Monroe's median home value is $62,400. Compared to its nearby areas this is about $66,440 (51%) lower.Compared to the US as a whole it is about $155,100 (71%) lower, and it is roughly $13,200 (26%) higher compared to the city of Detroit.
Rents
The median rent in West Monroe is $1,091 per month. It is approximately $306 (39%) higher compared to the surrounding areas.In comparison to the United States as a whole it is roughly $29 (2%) higher, and it is about $267 (32%) higher compared to the city of Detroit.
Nearby places
Monroe
Monroe is West Monroe's neighbor to the east. Housing prices there are significantly more expensive. The median home in Monroe is valued at $122,300, which works out to $59,900 (48%) higher than West Monroe. The rent there is significantly less expensive. In Monroe the median monthly rent is $741, which comes out to $350 (47%) lower than West Monroe.
South Monroe
South Monroe is approximately 1 mile southeast of West Monroe. The real estate prices there are substantially more expensive. The value of the median home in South Monroe is $132,400, which comes out to $70,000 (52%) higher than West Monroe. Rent there is a lot less expensive. The median monthly rent in South Monroe is $735, which comes out to $356 (48%) lower than West Monroe.
Detroit Beach
Detroit Beach is about 4 miles east of West Monroe. Its housing prices are substantially more expensive. Detroit Beach's median home value is $106,900, which works out to $44,500 (41%) higher than West Monroe. Rent there is substantially less expensive. Detroit Beach's median rent is $604 a month, which works out to $487 (80%) lower than West Monroe.
Woodland Beach
Woodland Beach is about 5 miles east of West Monroe. Housing prices there are significantly more expensive. The median home in Woodland Beach costs $123,400, which is $61,000 (49%) higher than West Monroe. The rent there is a bit less expensive. The median monthly rent in Woodland Beach is $986, which is $105 (10%) lower than West Monroe.
Maybee
Maybee is roughly 7 miles northwest of West Monroe. The real estate prices there are a lot more expensive. The price of the median home in Maybee is $159,200, which comes out to $96,800 (60%) higher than West Monroe. Its rents are a bit less expensive. In Maybee the median monthly rent is $858, which comes out to $233 (27%) lower than West Monroe.