Monument, located in El Paso County, Colorado, is a charming small town that offers a unique blend of suburban living and breathtaking natural beauty. Nestled between the majestic Rocky Mountains and the sprawling plains, Monument boasts a vibrant community culture, excellent schools, and abundant recreational opportunities. This article explores the best residential areas in Monument, highlighting their distinct characteristics, housing options, and average prices.
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Downtown Monument

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Downtown Monument is the bustling heart of the town, with a quaint, small-town atmosphere highlighted by local shops, eateries, and community events. Residents enjoy easy access to amenities and a strong sense of community.
Characteristics of the Downtown Monument
* Culture: Art galleries, local events, and historic architecture
* Transportation: Well-connected through roads, easy access to public transport
* Services: Restaurants, cafes, grocery stores, and parks
* Environment: Friendly and community-oriented
Housing Options in the Downtown Monument
Single-family homes, Townhouses, Condominiums
Average Home Prices in the Downtown Monument
* Buying: $450,000 – $600,000
* Renting: $1,800 – $2,500/month
Woodmoor

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Woodmoor is an upscale residential community known for its large lots, pristine surroundings, and custom-built homes. The area offers a more tranquil lifestyle with beautiful views of the mountains.
Characteristics of the Woodmoor
* Culture: Family-oriented, with neighborhood events and gatherings
* Transportation: Car necessary for commuting, quiet streets
* Services: Local shops, community center, and nature trails
* Environment: Peaceful and scenic
Housing Options in the Woodmoor
Custom-built homes, Larger single-family homes
Average Home Prices in the Woodmoor
* Buying: $600,000 – $1,000,000
* Renting: $2,500 – $3,500/month
Monument Lake Area

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The Monument Lake area offers stunning views and a relaxing lifestyle, making it perfect for outdoor enthusiasts and families. The lake is a popular spot for fishing, hiking, and enjoying nature.
Characteristics of the Monument Lake Area
* Culture: Active lifestyle with an emphasis on outdoor recreation
* Transportation: Car essential, nearby hiking trails
* Services: Parks, picnic areas, and recreational facilities
* Environment: Natural and serene
Housing Options in the Monument Lake Area
Single-family homes, Ranch-style homes
Average Home Prices in the Monument Lake Area
* Buying: $500,000 – $700,000
* Renting: $2,200 – $3,000/month
Rocky Mountain Estates

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This neighborhood is known for its larger homes and expansive lots, providing ample space and privacy for families. The community is characterized by its well-maintained properties and scenic views.
Characteristics of the Rocky Mountain Estates
* Culture: Family-centered with strong community ties
* Transportation: Car is essential, family-friendly streets
* Services: Nearby schools, shopping centers, and parks
* Environment: Suburban and family-friendly
Housing Options in the Rocky Mountain Estates
Single-family homes, Luxury residences
Average Home Prices in the Rocky Mountain Estates
* Buying: $550,000 – $800,000
* Renting: $2,300 – $3,200/month
The Promontory Point

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Promontory Point is an inviting community featuring modern homes built with sustainable materials. This area is ideal for those seeking a contemporary lifestyle with convenient access to parks and shopping.
Characteristics of the The Promontory Point
* Culture: Modern and eco-friendly values, community events
* Transportation: Easy access to major roads, public transport options available
* Services: Close to shops, restaurants, and schools
* Environment: Contemporary and lively
Housing Options in the The Promontory Point
New construction homes, Single-family homes
Average Home Prices in the The Promontory Point
* Buying: $450,000 – $750,000
* Renting: $2,000 – $2,800/month
Eastonville

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Eastonville offers a blend of suburban charm with easy access to open spaces. This family-friendly area features numerous parks and recreational facilities for children and adults alike.
Characteristics of the Eastonville
* Culture: Active, family-oriented community, local fairs
* Transportation: Car recommended, good roads
* Services: Parks, grocery stores, schools, and recreational areas
* Environment: Community-focused and vibrant
Housing Options in the Eastonville
Single-family homes, Townhouses
Average Home Prices in the Eastonville
* Buying: $400,000 – $600,000
* Renting: $1,800 – $2,400/month
Frequently Asked Questions About the Best Residential Areas in Monument:
The best residential areas in Monument include Downtown Monument, Woodmoor, Monument Lake Area, Rocky Mountain Estates, The Promontory Point, and Eastonville.
Woodmoor and Eastonville are highly recommended for families due to their family-friendly amenities, parks, and community events.
Average home prices in Monument range from approximately $400,000 to over $1,000,000 depending on the neighborhood and property type.
Monument is served by highly rated schools, making it an attractive option for families with children.
Monument is considered a safe community, with low crime rates and a family-oriented environment.
Residents can enjoy numerous outdoor activities including hiking, biking, fishing, and visiting local parks and nature reserves.
Public transportation options are limited, so having a car is recommended for commuting and enjoying nearby areas.
Yes, Downtown Monument and nearby areas offer a variety of shopping, dining, and entertainment options.
Monument experiences a mix of four distinct seasons with mild summers and snowy winters, perfect for those who enjoy seasonal changes.
Yes, Monument has a strong sense of community, with regular events, festivals, and gatherings that foster connections among residents.
Conclusion on the Best Residential Areas in Monument:
Monument offers a variety of residential areas that cater to different lifestyles and preferences. Whether you're seeking the community-oriented feel of Downtown Monument, the tranquil beauty of Woodmoor, or the outdoor lifestyle around Monument Lake, there is something for everyone. The combination of excellent schools, recreational opportunities, and friendly neighborhoods make Monument a highly sought-after location in El Paso County. By choosing the right area based on your priorities and needs, you can enjoy a fulfilling and vibrant life in this picturesque town.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.