Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Monroe County area can be challenging. Home prices in Monroe County are now at a median cost of $127,598, lower than the Alabama average of $228,911.
The average cost of rent is $726/mo in Monroe County, primarily driven by the current value of real estate in the Monroe County area. In Monroe County, 28.29% of households rent, and 60.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monroe County is $3,849 per month. Households that rent pay about 18.85% of their income on rent here. Monroe County’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Conecuh County, AL: equally priced homes
- Washington County, AL: higher priced homes
- Coffee County, AL: higher priced homes
- Dale County, AL: higher priced homes
- Forrest County, MS: higher priced homes
- Henry County, AL: higher priced homes
- Jefferson Davis County, MS: less expensive homes
- Early County, GA: equally priced homes
- Calhoun County, GA: less expensive homes
- Lawrence County, MS: less expensive homes
Counties with Similar Populations
- Hardee County, FL: higher priced homes
- Gogebic County, MI: less expensive homes
- Gonzales County, TX: higher priced homes
- Goochland County, VA: higher priced homes
- Grady County, GA: higher priced homes
- Grainger County, TN: higher priced homes
- Grant County, NM: higher priced homes
- Grayson County, KY: higher priced homes
- Grimes County, TX: higher priced homes
- Glenn County, CA: higher priced homes
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