Home Price Key
Affordable
Average
Expensive
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 $104,635, lower than the Alabama average of $185,232.
The average cost of rent is $623/mo in Monroe County, primarily driven by the current value of real estate in the Monroe County area. While nearly 64.62% of residents own their homes outright in Monroe County, 26.85% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monroe County is $3,158 per month. Households that rent pay about 19.71% of their income on rent here. Monroe County's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the county.
Nearby Counties
- Conecuh County, AL: less expensive 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: higher priced homes
- Calhoun County, GA: less expensive homes
- Lawrence County, MS: equally priced homes
Counties with Similar Populations
- Hardee County, FL: higher priced homes
- Gogebic County, MI: equally priced 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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