
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 $289,499, lower than the Illinois average of $300,242.
The average cost of rent is $1,048/mo in Monroe County, primarily driven by the current value of real estate in the Monroe County area. In Monroe County, 15.34% of households rent, and 40.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monroe County is $8,608 per month. Households that rent pay about 12.17% of their income on rent here. Monroe County’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Jefferson County, MO: less expensive homes
- Washington County, IL: less expensive homes
- Franklin County, MO: less expensive homes
- Jefferson County, IL: less expensive homes
- Gasconade County, MO: less expensive homes
- Osage County, MO: less expensive homes
- Wayne County, IL: less expensive homes
- Edwards County, IL: less expensive homes
- Miller County, MO: less expensive homes
- Wabash County, IL: less expensive homes
Counties with Similar Populations
- Halifax County, VA: less expensive homes
- Sequoyah County, OK: less expensive homes
- Seneca County, NY: less expensive homes
- Scotts Bluff County, NE: less expensive homes
- Scott County, MS: less expensive homes
- Scott County, MO: less expensive homes
- Scotland County, NC: less expensive homes
- Schoharie County, NY: less expensive homes
- Salem City, VA: equally priced homes
- Russell County, VA: less expensive homes
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