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 $598,379, higher than the Florida average of $278,762.
The average cost of rent is $1,779/mo in Monroe County, primarily driven by the current value of real estate in the Monroe County area. While nearly 55.21% of residents own their homes outright in Monroe County, 35.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monroe County is $6,495 per month. Households that rent pay about 27.40% of their income on rent here. Monroe County's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the county.
Nearby Counties
- Miami-Dade County, FL: less expensive homes
- Collier County, FL: less expensive homes
- Broward County, FL: less expensive homes
- Lee County, FL: less expensive homes
- Hendry County, FL: less expensive homes
- Palm Beach County, FL: less expensive homes
- Glades County, FL: less expensive homes
- Charlotte County, FL: less expensive homes
- DeSoto County, FL: less expensive homes
- Okeechobee County, FL: less expensive homes
Counties with Similar Populations
- Kauai County, HI: higher priced homes
- Rockingham County, VA: less expensive homes
- Midland County, MI: less expensive homes
- Lincoln County, NC: less expensive homes
- Liberty County, TX: less expensive homes
- Lewis County, WA: less expensive homes
- Leavenworth County, KS: less expensive homes
- Lea County, NM: less expensive homes
- Lawrence County, PA: less expensive homes
- Lauderdale County, MS: less expensive homes
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