Monon, IN Real Estate

According to census data in the year 2000 there were 677 housing units in Monon. This represents a 1.3% growth from 668 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 677 were located in what is classified as a rural area.

Homeownership rate in Monon is about 66.5%. Monon's vacancy rate, including seasonal lodging, is about 3.5%. Average household size is 2.72 people.

The majority of houses, apartments or condos in Monon were built after 1953.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom8.30%
Two Bedrooms34.10%
Three Bedrooms42.80%
Four Bedrooms12.30%
Five Bedrooms or more2.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.55
Median year structure was built1953
Median Value of occupied units$57,700

Rented Homes, Apartments and Condos

Average Household Size3.07
Median year structure was built1954
Median Monthly Rent asked for vacant units$255

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.90%
Home Equity Loan3.50%
Simple Mortgage48.70%
Debt Free44.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.5%