I don’t know about monospaced fraktur (maybe there’s a revival of some typewriter face out there, there are for Irish ones).
As for low contrast, just the first ones I came up with:
http://www.underware.nl/fonts/fakir/
http://www.type-together.com/index.php?action=portal/viewContent&cntId_c...
http://www.myfonts.com/fonts/thometz/hefeweizen/
http://www.myfonts.com/fonts/resistenza/afrobeat-gothic/
http://www.myfonts.com/fonts/doubletwo/xxii-blasphema/
http://www.myfonts.com/fonts/hubertjocham/keks/
Assuming you mean fraktur in the broader sense of blackletter,





You might find it helpful to read some books on Fraktur. There is a fairly comprehensive collection of Fraktur in Judith Schalansky's _Fraktur Mon Amour_ available from many sources including US Amazon http://www.amazon.com/Fraktur-Mon-Amour-Judith-Schalansky/dp/156898801X
There is an excellent study of the social context of Fraktur in Peter Bain & Paul Shaw's _Blackletter: Type and National Identity_ http://www.amazon.com/Blackletter-National-Identity-Shaw-Bain/dp/1568981...
If you can read German Albert Kapr's _Fraktur: Form und Geschichte der gebrochenen Schriften (German Edition)_ http://www.amazon.com/Fraktur-Geschichte-gebrochenen-Schriften-German/dp...
Don