Home prices
Monroe's median home cost is $43,800. In comparison to its surrounding areas this is roughly $59,960 (57%) lower.In comparison to the entire country it is roughly $173,700 (79%) lower, and it is approximately $146,000 (76%) lower in comparison to the city of Sioux Falls.
Rents
The median monthly rent in Monroe is $683. This is roughly $77 (12%) higher in comparison to its surrounding areas.It is approximately $379 (35%) lower in comparison to the entire nation, and it is approximately $144 (17%) lower compared to the city of Sioux Falls.
Nearby places
Marion
Marion is about 4 miles southwest from Monroe. The housing prices there are substantially more expensive. The value of the median home in Marion is $79,300, which works out to $35,500 (44%) higher than Monroe. Its rents are fairly similar. Marion's median monthly rent is $683, which is very similar to Monroe.
Parker
Parker is roughly 6 miles southeast of Monroe. The real estate prices there are a lot more expensive. The median home cost in Parker is $128,200, which comes out to $84,400 (65%) higher than Monroe. The rent there is somewhat less expensive. The median monthly rent in Parker is $594, which comes out to $89 (14%) lower than Monroe.
Canistota
Canistota is about 7 miles northwest from Monroe. The real estate prices there are substantially more expensive. The median home value in Canistota is $90,500, which works out to $46,700 (51%) higher than Monroe. Rents there are somewhat less expensive. In Canistota the median rent is $544 per month, which comes out to $139 (25%) lower than Monroe.
Humboldt
Humboldt is approximately 11 miles northeast from Monroe. Its real estate prices are substantially more expensive. Humboldt's median home value is $123,800, which comes out to $80,000 (64%) higher than Monroe. Its rents are similar. The median rent in Humboldt is $684 a month, which is very similar to Monroe.
Chancellor
Chancellor is approximately 12 miles southeast from Monroe. Its real estate prices are significantly more expensive. The price of the median home in Chancellor is $97,000, which works out to $53,200 (54%) higher than Monroe. The rent there is a little less expensive. In Chancellor the median rent is $525 per month, which works out to $158 (30%) lower than Monroe.
