Housing in Monon, IN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$174,370

Monon vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Monon is highlighted.

Median Home Value

13th%ilemost expensive$84,600show rank

Median Rent

49th%ilemost expensive rent$941show rank

Rent Burden

69th%ilehighest rent burden21.5%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$84,600

Median Rent

$941

Total Housing Units

661

Vacancy Rate

13.0%

Owner Occupied

68.3%

Renter Occupied

31.6%

Median Property Tax

$577

per year

Monthly Cost (w/ Mortgage)

$816

Housing Types

Single Family

80.0%

Multi-Family

10.6%

Mobile Home

9.4%

The median home value in Monon, IN is $84,600. According to Zillow, the home value index for Monon is $174,370. The median rent is $941 per month (Census ACS). About 68.3% of housing units are owner-occupied. The median year homes were built is 1948. There are 661 total housing units.