Home prices
The median home in Monon costs $75,800. This is roughly $22,500 (22%) lower compared to nearby areas.It is approximately $141,700 (65%) lower compared to the United States as a whole, and it is about $182,200 (70%) lower compared to the city of Chicago.
Rents
Monon's median rent is $696 a month. It is is very similar compared to the surrounding areas.Compared to the rest of the country it is about $366 (34%) lower, and it is approximately $416 (37%) lower in comparison to the city of Chicago.
Nearby places
Buffalo
Buffalo is roughly 6 miles east of Monon. Its housing prices are substantially more expensive. The median home cost in Buffalo is $116,300, which is $40,500 (34%) higher than Monon. Its rents are a little more expensive. Buffalo's median rent is $789 per month, which works out to $93 (11%) higher than Monon.
Reynolds
Reynolds is approximately 7 miles south from Monon. Housing prices there are somewhat more expensive. The median home in Reynolds costs $88,700, which comes out to $12,900 (14%) higher than Monon. The rent there is pretty similar. The median monthly rent in Reynolds is $714, which works out to $18 (2%) higher than Monon.
Francesville
Francesville is approximately 8 miles north from Monon. The housing prices there are a little more expensive. The median home in Francesville is valued at $97,100, which works out to $21,300 (21%) higher than Monon. Rents there are a bit less expensive. In Francesville the median rent is $583 per month, which is $113 (19%) lower than Monon.
Monticello
Monticello is approximately 9 miles southeast from Monon. Its real estate prices are a bit more expensive. The median home value in Monticello is $95,900, which works out to $20,100 (20%) higher than Monon. Its rents are similar. Monticello's median monthly rent is $671, which comes out to $25 (3%) lower than Monon.
Wolcott
Wolcott is about 10 miles southwest of Monon. Its real estate prices are a bit more expensive. The median home in Wolcott costs $93,500, which comes out to $17,700 (18%) higher than Monon. Rent there is similar. The median rent in Wolcott is $699 a month, which is very similar to Monon.
