Monmouth Homes under $500,000

Welcome to Monmouth, Oregon, a charming city nestled in the heart of Polk County! Known for its friendly community and picturesque surroundings, Monmouth offers a delightful blend of small-town charm and modern conveniences. With its rich history and vibrant local culture, this city serves as a welcoming haven for families, young professionals, and retirees alike.

Monmouth boasts beautiful parks, scenic walking trails, and a variety of recreational activities that make it an ideal place to call home. The city is also home to Western Oregon University, adding a youthful energy and a variety of cultural events to the community. Whether you’re strolling through the historic downtown area or enjoying a weekend at the local farmers' market, there’s always something to see and do in Monmouth.

For those seeking affordable housing options, you’ll be pleased to know that Monmouth offers a range of homes under $500,000. This makes it an attractive destination for first-time homebuyers and families looking to settle down without breaking the bank. From charming single-family homes to modern townhouses, there’s something for everyone in this vibrant community.

With its affordable real estate, friendly atmosphere, and abundance of outdoor activities, Monmouth is not just a place to live—it's a place to thrive. Explore the possibilities and discover your dream home in this delightful Oregon city, where community spirit and affordability come together beautifully. Come experience the warmth of Monmouth for yourself!

Newest Monmouth Homes under $500,000

$419,900

3 Beds ⋅ 2 Baths

Perfectly located close to Western Oregon University in Monmouth. This single level home is vacant and ready for you to call it home. Electric furnace and central Air conditioner installed 3 years old. Two new elongated toilets installed 1 month ago. This home also has a paved RV space along the normal parking and a REAL 2 car garage. Located on a Cul-de-sac and close to Marr Park at the end of the street. Very secluded and private with a very close proximity to shopping, restaurants easy freeway access. Carpets recently professionally cleaned make them appear like new.

319 Marr Ct N, Monmouth

Listing Courtesy of REALTY FIRST DALLAS. Cell: 503-931-8501

$149,900

3 Beds ⋅ 2 Baths

Fully renovated 3 bed, 2-bath double-wide in Monmouth Mobile Estates, an all-ages park. New siding and skirting, paint inside and out, vinyl windows, plumbing, electrical, carpet, cabinets, lighting and tile baths with tiled primary shower. Ductless heat pump, Cadet heaters, tankless water heater and all new stainless appliances and stackable washer and dryer stay! The third bedroom doubles as an office. Fenced yard, carport, shed. Move-in ready! Rent is $850/month.

101 Edwards # 17 Rd S Unit 17, Monmouth

Listing Courtesy of PREMIERE PROPERTY GROUP, LLC ALBANY. CELL: 541-619-8382

$474,000

4 Beds ⋅ 3 Baths

This two-story home is located on a low-traffic cul-de-sac and backs to the Ash Creek Elementary field, with a gate providing direct access to the field and soccer area. It offers 4 bedrooms, 3 full bathrooms, and a versatile bonus room with its own entrance. Converted from part of the garage, this space is ideal for a home office, hobbies, or additional living space. The owner is willing to convert it back to a garage if preferred. The large backyard was updated in June 2026 and features low-maintenance landscaping and an outdoor fireplace for relaxing evenings. Pets have a dedicated retreat of their own, complete with a dog door and ramp leading to the backyard.Inside, you’ll find central heating and air conditioning, a smart thermostat, and high-grade laminate flooring. The interior was painted about three years ago.Ash Creek Elementary, Talmadge Middle School, and Central High School are all within walking distance, and Highways 51 and 22 are easily accessible. Enjoy convenient connections to nearby destinations while coming home to the welcoming small town of Monmouth.

1731 Parkmeadow Ave, Monmouth

Listing Courtesy of HOMESMART REALTY GROUP. Cell: 503-409-3542

$405,000

3 Beds ⋅ 3 Baths

Accepted Offer with Contingencies. Move-in ready and perfectly situated in Monmouth! This home offers a great price point in a convenient location, with comfortable living spaces and an amazing backyard made for relaxing, entertaining, or playing. The Master suite features its own private deck overlooking the backyard—the perfect spot for morning coffee or winding down at the end of the day. Great curb appeal, plenty of outdoor space, and ready for its next owner to move right in and make it home!

839 Griffin Dr, Monmouth

Listing Courtesy of EXP REALTY, LLC. 503-559-2489

$399,000

3 Beds ⋅ 2 Baths

Turn Key Gem. Completely remodeled with new covered patio, interior and exterior paint, partial new floors, landscaping and skylight. Quiet neighborhood conveniently located. This could be a beautiful primary home or a rental with close proximity to WOU. Ho HOA's.

751 Catron St N, Monmouth

Listing Courtesy of SMI REAL ESTATE. cell: 503-932-8785

$499,000

4 Beds ⋅ 3 Baths

4 bedroom home in fantastic Monmouth location. Just blocks from downtown, library, park, gym, restaurants, and Western Oregon University. The home has fresh paint, new furnace & a/c in 2024, new roof, water heater & kitchen update in 2023. The floor plan is flexible with a living room, family room and formal dining room. Kitchen appliances and washer & dryer are all included. Big fenced yard with a swim spa pool. There is room for RV parking. This home is ready for its new owner.

327 Broad St S, Monmouth

Listing Courtesy of C CABLE REALTY. Direc: 503-931-6800

$440,000

3 Beds ⋅ 3 Baths

Move right in! This freshly updated Monmouth home offers peace of mind with an impressive list of recent upgrades: new HVAC system, new fencing, new gutters, new garage door, new flooring, and fresh interior paint throughout. Because it's truly move-in ready, you can skip the to-do list and start enjoying your new space right away. A fantastic opportunity in a convenient Monmouth location—schedule your showing today!

270 Martin Way S, Monmouth

Listing Courtesy of HOMESMART REALTY GROUP. 503-871-2672

$469,900

4 Beds ⋅ 3 Baths

Spacious single story home w/ updates & lots of space inside & outside! Wide entry w/ large living room and large family room. Primary suite w/ attached bath includes soaking tub, dual sinks, shower & WIC. Updates in 2025: new LVP in 3 bedrms, paint, New Furnace, New A/C & ductwork. Updates in 2019: roof, siding, exterior paint, electrical panel, 2 water heaters, & gutters. Fenced backyard w/ deck overlooking the large yard. RV area & vehicle access to backyard. Shed & separate greenhouse on slab w/ power.

780 Clay St E, Monmouth

Listing Courtesy of HOMESMART REALTY GROUP - MONMOUTH. Agent: 503-949-2411

$397,000

3 Beds ⋅ 2 Baths

Just 0.8 miles from Western Oregon University, this home makes it easy to enjoy Monmouth. Grab coffee downtown, catch a campus event, then come home to a quiet evening by the fireplace. Sunlight fills the single-level living spaces, while mature trees shade a fenced backyard with room to garden or gather on the patio. A roof replaced in 2017, mostly replaced windows and slider, an updated electrical panel and a ductless heat pump add to the appeal. Make it yours or make the most of its location near campus. Just 0.8 miles from Western Oregon University, this home makes it easy to enjoy Monmouth. Grab coffee downtown, catch a campus event, then come home to a quiet evening by the fireplace. Sunlight fills the single-level living spaces, while mature trees shade a fenced backyard with room to garden or gather on the patio. A roof replaced in 2017, mostly replaced windows and slider, an updated electrical panel and a ductless heat pump add to the appeal. Make it yours, or make the most of its location near campus. Mortgage savings may be available for buyers of this listing.

307 Atwater St N, Monmouth

Listing Courtesy of REDFIN. cell: 407-744-1946

$385,000

2 Beds ⋅ 1 Baths

Adorable, updated, and full of possibilities! This charming mixed-use property offers flexibility for business or personal use. Fresh, inviting interiors, updated finishes, and a functional layout make it easy to envision a professional office, creative workspace, or cozy place to call your own. Conveniently located near campus, with easy access to surrounding amenities. Whether you're looking to work, live, or invest, this versatile property is ready for your vision!

191 Catron St S, Monmouth

Listing Courtesy of PREMIERE PROPERTY GROUP, LLC ALBANY. Cell: 541-974-3877

$420,000

4 Beds ⋅ 2 Baths

Great opportunity for a first-time buyer, WOU student household or investor! Just one block from Western Oregon University, this 4-bed, 2-bath home is tucked away from the street and offers a private fenced yard, cozy fireplace and abundant built-in storage. Recent updates include 4th bedrooms, sliding glass door and front entry door. Convenient Monmouth location with easy access to campus!

163 College A St Nw, Monmouth

Listing Courtesy of REALTY ONE GROUP WILLAMETTE VALLEY. Cell: 503-881-2313

$409,900

3 Beds ⋅ 2 Baths

FANTASTIC LOCATION! Desirable Monmouth neighborhood. This home backs up to Monmouth Elementary and is a quick stroll to Gentle Woods Park. One level with open concept. The kitchen is equipped with refrigerator, range, built in microwave and dishwasher. Primary suite has a step in shower. Main bath has a tub/shower. Indoor laundry room with utility sink. Gas furnace and A/C. BRAND NEW WATER HEATER AND ROOF. Fenced yard with dog run. Seller will contribute toward buyer closing costs with an acceptable offer.

955 Margaret St E, Monmouth

Listing Courtesy of C CABLE REALTY. Direc: 503-931-6800

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Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.

Monmouth Homes under $500,000

Newest Monmouth Homes under $500,000

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