Home prices
The median home in Monroe costs $178,800. In comparison to its nearby areas this is roughly $9,940 (5%) lower.It is about $38,700 (17%) lower in comparison to the nation as a whole, and is roughly $37,100 (17%) lower in comparison to the city of Cedar City.
Rents
Monroe's median monthly rent is $592. In comparison to nearby areas this is about $197 (24%) lower.It is roughly $470 (44%) lower in comparison to the entire country, and it is about $202 (25%) lower compared to the city of Cedar City.
Nearby places
Elsinore
Elsinore is roughly 4 miles north of Monroe. Housing prices there are a bit less expensive. The median home in Elsinore costs $144,900, which works out to $33,900 (23%) lower than Monroe. Its rents are a bit more expensive. Elsinore's median rent is $769 a month, which is $177 (23%) higher than Monroe.
Joseph
Joseph is roughly 4 miles west from Monroe. The housing prices there are somewhat less expensive. The price of the median home in Joseph is $145,500, which comes out to $33,300 (22%) lower than Monroe. The rent there is a little more expensive. In Joseph the median monthly rent is $775, which comes out to $183 (23%) higher than Monroe.
Central Valley
Central Valley is roughly 5 miles north of Monroe. Its real estate prices are a bit more expensive. The median home in Central Valley is valued at $249,000, which works out to $70,200 (28%) higher than Monroe. Rent there is a little more expensive. In Central Valley the median monthly rent is $850, which works out to $258 (30%) higher than Monroe.
Annabella
Annabella is roughly 6 miles northeast from Monroe. Real estate prices there are a bit more expensive. The median home in Annabella costs $223,400, which works out to $44,600 (19%) higher than Monroe. Rents there are a bit more expensive. The median monthly rent in Annabella is $863, which comes out to $271 (31%) higher than Monroe.
Richfield
Richfield is roughly 9 miles north of Monroe. Its housing prices are fairly similar. The cost of the median home in Richfield is $180,900, which comes out to $2,100 (1%) higher than Monroe. The rent there is a little more expensive. The median rent in Richfield is $687 a month, which works out to $95 (13%) higher than Monroe.
