What is the cheapest property in Monopoly?

Answer

The cheapest property on a Monopoly board is Mediterranean Avenue. It is one of the two cheapest properties on the board.

Mediterranean Avenue is not only the cheapest of the Monopoly properties, it is also the first property on the board and can't be reached without passing "Go."

The cost of the property is a mere $60 and rent is only $2 for unimproved lots. However, if Atlantic is also owned and the properties are improved with houses or hotels, the rent can be as high as $250. Despite being low in cost, it is easy to make money on these properties because they are landed on regularly as people come around the board.

Q&A Related to "What is the cheapest property in Monopoly?"
Mediterranean Avenue and Baltic Avenue (otherwise known as the purple properties) both at 60 dollars.
http://wiki.answers.com/Q/What_is_the_cheapest_pro...
The cheapest Monopoly property is Mediterranean Avenue with a cost of $60.
http://www.chacha.com/question/what-is-the-cheapes...
St. James Place is in first position of the orange properties and can be purchased for $180. If you own all three orange properties, you can put a house on any property you want at
http://www.ehow.com/info_8178231_three-orange-prop...
Whitechapel & Old Kent road are the two cheapest properties on the Monopoly boardgame. They are sold for £60 and are Brown.
http://www.kgbanswers.co.uk/what-are-the-two-cheap...
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