2026 Affordability Data
Most Affordable Neighborhoods in Monmouth - 2026 Data
The median home value in Monmouth is $343,900, 22% above nat'l avg. Median rent is $719/month. With an affordability index of 89, Monmouth is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Monmouth, OR area.
Key Takeaways: Affordability in Monmouth
- 1The most affordable neighborhood in Monmouth is Tigard, with a median home value of $525,100.
- 2Monmouth's median home value is $343,900, 22% above nat'l avg (national: $281,900).
- 3Monmouth's affordability index is 89 (baseline 100), making it less affordable than the national average.
- 4Median rent in Monmouth is $719/month, 38% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Monmouth to find the most affordable areas based on home values, rent, and affordability index.
Monmouth Affordability Overview
Median Home Value
$343,900
22% above nat'l avg
Median Rent
$719/mo
38% below nat'l avg
Median Income
$61,282
18% below nat'l avg
Affordability Index
89
11% below nat'l avg
Most Affordable Neighborhoods in Monmouth (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | TigardOR | $525,100 |
| 2 | TualatinOR | $548,900 |
| 3 | SilvertonOR | $406,000 |
| 4 | IndependenceOR | $302,300 |
| 5 | Lake OswegoOR | $825,000 |
| 6 | GreshamOR | $411,700 |
| 7 | HillsboroOR | $452,300 |
| 8 | CorneliusOR | $379,400 |
| 9 | SandyOR | $435,100 |
| 10 | SpringfieldOR | $293,200 |
| 11 | OntarioOR | $174,900 |
| 12 | CorvallisOR | $436,000 |
| 13 | AlbanyOR | $321,600 |
| 14 | NewportOR | $373,400 |
| 15 | West LinnOR | $677,500 |
Detailed Neighborhood Profiles
Home Value: $525,100
Rent: $719/mo
Affordability: 89
Population: 55,161
Home Value: $548,900
Rent: $719/mo
Affordability: 89
Population: 27,804
Home Value: $406,000
Rent: $719/mo
Affordability: 89
Population: 10,439
4
Home Value: $302,300
Rent: $719/mo
Affordability: 89
Population: 9,981
5
Home Value: $825,000
Rent: $719/mo
Affordability: 89
Population: 40,457
6
Home Value: $411,700
Rent: $719/mo
Affordability: 89
Population: 113,525
7
Home Value: $452,300
Rent: $719/mo
Affordability: 89
Population: 106,612
8
Home Value: $379,400
Rent: $719/mo
Affordability: 89
Population: 13,245
9
Home Value: $435,100
Rent: $719/mo
Affordability: 89
Population: 12,592
10
Home Value: $293,200
Rent: $719/mo
Affordability: 89
Population: 61,740
11
Home Value: $174,900
Rent: $719/mo
Affordability: 89
Population: 11,610
12
Home Value: $436,000
Rent: $719/mo
Affordability: 89
Population: 60,050
13
Home Value: $321,600
Rent: $719/mo
Affordability: 89
Population: 56,348
14
Home Value: $373,400
Rent: $719/mo
Affordability: 89
Population: 10,319
15
Home Value: $677,500
Rent: $719/mo
Affordability: 89
Population: 27,167
Frequently Asked Questions About Affordability in Monmouth
What is the most affordable neighborhood in Monmouth, OR?▾
Based on 2026 data, Tigard is the most affordable neighborhood in Monmouth with a median home value of $525,100. Kurby analyzed 15 neighborhoods in the Monmouth area to compile these rankings.
What is the median home price in Monmouth, OR?▾
The median home price in Monmouth is $343,900, which is 22% above nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Monmouth affordable compared to the national average?▾
Monmouth has an affordability index of 89, which means housing is less affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Monmouth, OR?▾
The median monthly rent in Monmouth is $719. This is 38% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Monmouth?▾
The median household income in Monmouth is $61,282 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Monmouth are below the national average home price?▾
1 out of 15 ranked neighborhoods in Monmouth have a median home value below the national average of $281,900. The most affordable is Ontario at $174,900 (Source: Kurby, 2026).