Home prices
The median home in Munroe Falls is valued at $160,800. Compared to other places in this area this is about $10,440 (6%) lower.It is roughly $56,700 (26%) lower compared to the country as a whole, and in comparison to the city of Cleveland it is about $91,200 (131%) higher.
Rents
The median rent in Munroe Falls is $769 a month. This is approximately $231 (23%) lower in comparison to nearby areas.It is approximately $293 (27%) lower in comparison to the rest of the country, and is roughly $50 (6%) higher in comparison to the city of Cleveland.
Nearby places
Silver Lake
Silver Lake is Munroe Falls's neighbor to the northwest. Its housing prices are a little more expensive. The median home in Silver Lake costs $227,600, which is $66,800 (29%) higher than Munroe Falls. Rents there are significantly more expensive. Silver Lake's median monthly rent is $1,575, which comes out to $806 (51%) higher than Munroe Falls.
Tallmadge
Tallmadge is Munroe Falls's neighbor to the south. The real estate prices there are somewhat more expensive. The median home in Tallmadge costs $172,900, which works out to $12,100 (6%) higher than Munroe Falls. Rent there is fairly similar. The median rent in Tallmadge is $775 a month, which is very similar to Munroe Falls.
Stow
Stow is Munroe Falls's neighbor to the north. The real estate prices there are a bit more expensive. The value of the median home in Stow is $181,400, which works out to $20,600 (11%) higher than Munroe Falls. Rents there are somewhat more expensive. Stow's median monthly rent is $1,011, which comes out to $242 (23%) higher than Munroe Falls.
Cuyahoga Falls
Cuyahoga Falls is Munroe Falls's neighbor to the northwest. Its housing prices are a little less expensive. The median home in Cuyahoga Falls is valued at $127,600, which works out to $33,200 (26%) lower than Munroe Falls. Its rents are a little more expensive. In Cuyahoga Falls the median monthly rent is $840, which comes out to $71 (8%) higher than Munroe Falls.
Kent
Kent is about 3 miles east of Munroe Falls. Housing prices there are somewhat less expensive. The median home value in Kent is $146,700, which is $14,100 (9%) lower than Munroe Falls. Its rents are similar. Kent's median rent is $801 a month, which is $32 (3%) higher than Munroe Falls.
