Monroe St / Ave 40 median real estate price is $479,573, which is more expensive than 50.6% of the neighborhoods in California and 87.6% of the neighborhoods in the U.S.
The average rental price in Monroe St / Ave 40 is currently $2,083, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 72.0% of the neighborhoods in California.
Monroe St / Ave 40 is a suburban neighborhood (based on population density) located in Indio, California.
Monroe St / Ave 40 real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Monroe St / Ave 40 neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Monroe St / Ave 40. The current real estate vacancy rate here is 30.9%. This is higher than the rate of vacancies in 94.6% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (28.3%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.