Home prices
The cost of the median home in Monahans is $88,900. In comparison to other places in this area it is approximately $30,220 (51%) higher.Compared to the US as a whole it is about $128,600 (59%) lower, and it is approximately $130,600 (59%) lower compared to the city of Midland.
Rents
In Monahans the median monthly rent is $1,001. Compared to its nearby areas this is about $156 (18%) higher.It is roughly $61 (5%) lower compared to the United States as a whole, and it is roughly $261 (20%) lower compared to the city of Midland.
Nearby places
Thorntonville
Thorntonville is Monahans's neighbor to the southeast. Real estate prices there are a little less expensive. The median home value in Thorntonville is $81,000, which is $7,900 (9%) lower than Monahans. Rent there is a bit less expensive. The median rent in Thorntonville is $820 per month, which comes out to $181 (22%) lower than Monahans.
Wickett
Wickett is about 4 miles south of Monahans. Its real estate prices are a lot less expensive. Wickett's median home cost is $55,000, which is $33,900 (61%) lower than Monahans. The rent there is substantially less expensive. The median rent in Wickett is $733 a month, which comes out to $268 (36%) lower than Monahans.
Wink
Wink is approximately 11 miles northwest of Monahans. The real estate prices there are a lot less expensive. The median home in Wink costs $56,400, which comes out to $32,500 (57%) lower than Monahans. The rent there is a lot less expensive. In Wink the median rent is $731 per month, which comes out to $270 (36%) lower than Monahans.
Kermit
Kermit is about 17 miles north from Monahans. Its real estate prices are a lot less expensive. The median home cost in Kermit is $59,600, which comes out to $29,300 (49%) lower than Monahans. Rent there is somewhat less expensive. The median rent in Kermit is $858 a month, which is $143 (16%) lower than Monahans.
Barstow
Barstow is approximately 22 miles southwest of Monahans. Real estate prices there are significantly less expensive. The median home in Barstow costs $41,400, which comes out to $47,500 (114%) lower than Monahans. Rent there is a bit more expensive. The median rent in Barstow is $1,083 a month, which works out to $82 (7%) higher than Monahans.
