Home prices
The price of the median home in Monmouth is $45,000. This is approximately $18,940 (29%) lower in comparison to nearby areas.In comparison to the US as a whole it is roughly $172,500 (79%) lower, and is about $96,800 (68%) lower in comparison to the city of Cedar Rapids.
Rents
The median monthly rent in Monmouth is $575. Compared to the surrounding areas it is approximately $22 (3%) lower.It is approximately $487 (45%) lower compared to the nation as a whole, and compared to the city of Cedar Rapids is approximately $192 (25%) lower.
Nearby places
Wyoming
Wyoming is about 5 miles west from Monmouth. Real estate prices there are significantly more expensive. The median home in Wyoming costs $68,100, which comes out to $23,100 (33%) higher than Monmouth. Rent there is pretty similar. In Wyoming the median monthly rent is $575, which is very similar to Monmouth.
Onslow
Onslow is about 6 miles west of Monmouth. Housing prices there are a lot more expensive. The median home in Onslow costs $74,400, which works out to $29,400 (39%) higher than Monmouth. Its rents are similar. In Onslow the median rent is $595 a month, which comes out to $20 (3%) higher than Monmouth.
Oxford Junction
Oxford Junction is roughly 6 miles southwest of Monmouth. Its housing prices are a bit more expensive. The median home cost in Oxford Junction is $52,500, which comes out to $7,500 (14%) higher than Monmouth. Its rents are somewhat more expensive. Oxford Junction's median rent is $639 a month, which comes out to $64 (10%) higher than Monmouth.
Lost Nation
Lost Nation is roughly 7 miles south from Monmouth. The real estate prices there are a bit more expensive. The median home in Lost Nation is valued at $65,900, which is $20,900 (31%) higher than Monmouth. Rent there is substantially less expensive. In Lost Nation the median rent is $346 a month, which comes out to $229 (66%) lower than Monmouth.
Center Junction
Center Junction is roughly 9 miles west of Monmouth. Its housing prices are somewhat more expensive. The median home value in Center Junction is $58,800, which is $13,800 (23%) higher than Monmouth. Rents there are somewhat more expensive. In Center Junction the median monthly rent is $830, which works out to $255 (30%) higher than Monmouth.
