Home prices
Monona's median home price is $98,600. It is approximately $13,520 (15%) higher in comparison to nearby areas.Compared to the rest of the nation it is roughly $118,900 (54%) lower, and compared to the city of Cedar Rapids it is roughly $43,200 (30%) lower.
Rents
In Monona the median rent is $830 per month. This is roughly $194 (30%) higher compared to nearby areas.It is approximately $232 (21%) lower compared to the rest of the country, and is approximately $63 (8%) higher compared to the city of Cedar Rapids.
Nearby places
Luana
Luana is approximately 2 miles west of Monona. Real estate prices there are a little less expensive. Luana's median home value is $92,000, which is $6,600 (7%) lower than Monona. The rent there is similar. Luana's median rent is $825 a month, which is very similar to Monona.
Farmersburg
Farmersburg is approximately 6 miles south of Monona. Housing prices there are substantially less expensive. The median home in Farmersburg costs $70,000, which works out to $28,600 (40%) lower than Monona. Rents there are significantly less expensive. The median monthly rent in Farmersburg is $519, which works out to $311 (59%) lower than Monona.
Postville
Postville is about 7 miles west of Monona. The real estate prices there are a little less expensive. The median home in Postville costs $84,200, which works out to $14,400 (17%) lower than Monona. Rents there are a bit less expensive. The median monthly rent in Postville is $722, which works out to $108 (14%) lower than Monona.
St. Olaf
St. Olaf is about 8 miles south from Monona. Housing prices there are a lot less expensive. St. Olaf's median home cost is $71,700, which works out to $26,900 (37%) lower than Monona. Rents there are significantly less expensive. St. Olaf's median rent is $538 per month, which is $292 (54%) lower than Monona.
Marquette
Marquette is approximately 8 miles east from Monona. Its housing prices are somewhat more expensive. Marquette's median home cost is $107,500, which comes out to $8,900 (8%) higher than Monona. Its rents are a lot less expensive. The median rent in Marquette is $575 a month, which is $255 (44%) lower than Monona.
