2026 Affordability Data
Most Affordable Neighborhoods in Monroe - 2026 Data
The median home value in Monroe is $238,000, 16% below nat'l avg. Median rent is $844/month. We ranked 15 neighborhoods by affordability to help you find the best value in the Monroe, UT area.
Key Takeaways: Affordability in Monroe
- 1The most affordable neighborhood in Monroe is Riverdale, with a median home value of $316,500.
- 2Monroe's median home value is $238,000, 16% below nat'l avg (national: $281,900).
- 3Median rent in Monroe is $844/month, 27% below nat'l avg (national: $1,163/month).
- 4We analyzed 15 neighborhoods in Monroe to find the most affordable areas based on home values, rent, and affordability index.
Monroe Affordability Overview
Median Home Value
$238,000
16% below nat'l avg
Median Rent
$844/mo
27% below nat'l avg
Median Income
$62,361
16% below nat'l avg
Affordability Index
N/A
Most Affordable Neighborhoods in Monroe (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | RiverdaleUT | $316,500 |
| 2 | Washington TerraceUT | $301,900 |
| 3 | SalemUT | $468,100 |
| 4 | West Valley CityUT | $333,600 |
| 5 | RivertonUT | $478,200 |
| 6 | South JordanUT | $559,500 |
| 7 | GrantsvilleUT | $377,000 |
| 8 | LehiUT | $500,100 |
| 9 | VineyardUT | $481,800 |
| 10 | LindonUT | $598,900 |
| 11 | TaylorsvilleUT | $358,900 |
| 12 | HerrimanUT | $486,200 |
| 13 | LoganUT | $290,800 |
| 14 | MapletonUT | $656,200 |
| 15 | DraperUT | $663,400 |
Detailed Neighborhood Profiles
Home Value: $316,500
Rent: $1,854/mo
Affordability: 125
Population: 9,313
Home Value: $301,900
Rent: $1,854/mo
Affordability: 125
Population: 9,220
Home Value: $468,100
Rent: $2,230/mo
Affordability: 109
Population: 9,467
4
Home Value: $333,600
Rent: $2,230/mo
Affordability: 109
Population: 138,868
5
Home Value: $478,200
Rent: $2,230/mo
Affordability: 109
Population: 44,864
6
Home Value: $559,500
Rent: $2,230/mo
Affordability: 109
Population: 78,118
7
Home Value: $377,000
Rent: $2,230/mo
Affordability: 109
Population: 12,939
8
Home Value: $500,100
Rent: $2,230/mo
Affordability: 109
Population: 77,110
9
Home Value: $481,800
Rent: $2,230/mo
Affordability: 109
Population: 12,663
10
Home Value: $598,900
Rent: $2,230/mo
Affordability: 109
Population: 11,478
11
Home Value: $358,900
Rent: $2,230/mo
Affordability: 109
Population: 59,729
12
Home Value: $486,200
Rent: $2,230/mo
Affordability: 109
Population: 55,301
13
Home Value: $290,800
Rent: $2,230/mo
Affordability: 109
Population: 53,246
14
Home Value: $656,200
Rent: $2,230/mo
Affordability: 109
Population: 11,756
15
Home Value: $663,400
Rent: $2,230/mo
Affordability: 109
Population: 50,635
Frequently Asked Questions About Affordability in Monroe
What is the most affordable neighborhood in Monroe, UT?▾
Based on 2026 data, Riverdale is the most affordable neighborhood in Monroe with a median home value of $316,500. Kurby analyzed 15 neighborhoods in the Monroe area to compile these rankings.
What is the median home price in Monroe, UT?▾
The median home price in Monroe is $238,000, which is 16% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
What is the average rent in Monroe, UT?▾
The median monthly rent in Monroe is $844. This is 27% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Monroe?▾
The median household income in Monroe is $62,361 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).