Is Monroe expensive?

Monroe, OR

State	Oregon
Population	640
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Monroe, OR

State

Population

640

In comparison to other places in this area, Monroe is somewhat less expensive, and it is a bit less expensive compared to the nation as a whole. However compared to the city of Portland, it's substantially less expensive.

Home prices

The median home value in Monroe is $156,700. Compared to the surrounding areas this is roughly $51,540 (24%) lower.Compared to the entire country it is about $60,800 (27%) lower, and it is about $255,300 (61%) lower compared to the city of Portland.

Portland

Philomath

Junction City

United States

Brownsville

Halsey

Harrisburg

Monroe

Comparison of median Monroe home price to nearby areas

Distribution of home prices for Monroe and nearby areas

Rents

Monroe's median monthly rent is $748. Compared to the surrounding areas this is approximately $196 (20%) lower.Compared to the US as a whole it is roughly $314 (29%) lower, and compared to the city of Portland is about $500 (40%) lower.

Portland

Harrisburg

United States

Halsey

Brownsville

Philomath

Junction City

Monroe

Comparison of median Monroe rent to nearby areas

Distribution of rents for Monroe and nearby areas

Nearby places

Harrisburg

Harrisburg is about 6 miles southeast of Monroe. Its housing prices are somewhat more expensive. Harrisburg's median home price is $169,300, which is $12,600 (7%) higher than Monroe. Its rents are significantly more expensive. Harrisburg's median rent is $1,118 per month, which comes out to $370 (33%) higher than Monroe.

Junction City

Junction City is approximately 7 miles southeast of Monroe. The real estate prices there are substantially more expensive. The median home in Junction City costs $230,700, which works out to $74,000 (32%) higher than Monroe. Rents there are fairly similar. Junction City's median monthly rent is $769, which works out to $21 (2%) higher than Monroe.

Halsey

Halsey is about 8 miles northeast of Monroe. Its housing prices are somewhat more expensive. The median home in Halsey costs $188,500, which comes out to $31,800 (16%) higher than Monroe. Rents there are a little more expensive. Halsey's median monthly rent is $975, which works out to $227 (23%) higher than Monroe.

Brownsville

Brownsville is approximately 14 miles east of Monroe. Its real estate prices are a little more expensive. The median home in Brownsville is valued at $208,000, which is $51,300 (24%) higher than Monroe. Its rents are somewhat more expensive. The median monthly rent in Brownsville is $959, which comes out to $211 (22%) higher than Monroe.

Philomath

Philomath is approximately 14 miles north of Monroe. The real estate prices there are a lot more expensive. Philomath's median home price is $244,700, which is $88,000 (35%) higher than Monroe. Rent there is a bit more expensive. In Philomath the median monthly rent is $899, which works out to $151 (16%) higher than Monroe.